The estimated Net Worth of Hans Helmerich is at least $162 Million dollars as of 26 September 2023. Mr. Helmerich owns over 100,000 units of Cimarex Co stock worth over $110,387,788 and over the last 21 years he sold XEC stock worth over $51,798,376. In addition, he makes $313,794 as Independent Director at Cimarex Co.
Hans has made over 55 trades of the Cimarex Co stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 100,000 units of XEC stock worth $4,335,000 on 26 September 2023.
The largest trade he's ever made was exercising 236,520 units of Cimarex Co stock on 12 June 2008 worth over $1,570,493. On average, Hans trades about 16,893 units every 46 days since 2003. As of 26 September 2023 he still owns at least 1,265,915 units of Cimarex Co stock.
You can see the complete history of Mr. Helmerich stock trades at the bottom of the page.
Hans C. Helmerich is an Independent Director of Cimarex Energy Company. Mr. Helmerich has served as Chairman of Helmerich & Payne, Inc. ("H&P") since March 2012 and as a Director since 1987. H&P is a publicly held company primarily engaged in contract drilling services for oil and gas exploration and production companies. H&P uses drilling rigs it designs and builds and is one of the major land and offshore platform drilling companies in the world. After joining H&P in 1981, Mr. Helmerich served as CEO from 1989 to March 2014 and as President from 1989 to March 2012. H&P's exploration and production business was merged into Cimarex in 2002. Mr. Helmerich serves as a Trustee of The Northwestern Mutual Life Insurance Company of Milwaukee, Wisconsin. He was a Director of Atwood Oceanics, Inc., an international offshore drilling company traded on the NYSE, located in Houston, Texas, from 1989 to 2017 prior to its merger with Ensco plc. Mr. Helmerich's background with the drilling sector of the oil and gas business provides the Board with insight into an aspect of Cimarex's business that represents a significant expenditure in Cimarex's capital budget. His over 25 years of executive experience provide a strong background for his service on Cimarex's Board and on the Compensation and Governance Committee. In addition, his service as a Director and Chairman of H&P, as a Trustee of The Northwestern Mutual Life Insurance Company and his former service as a Director of Atwood Oceanics, Inc. provides him with additional experience and knowledge to serve as a Director.
As the Independent Director of Cimarex Co, the total compensation of Hans Helmerich at Cimarex Co is $313,794. There are 8 executives at Cimarex Co getting paid more, with Thomas Jorden having the highest compensation of $9,002,560.
Hans Helmerich is 61, he's been the Independent Director of Cimarex Co since 2002. There are 7 older and 8 younger executives at Cimarex Co. The oldest executive at Cimarex Energy Co. is Harold Logan, 75, who is the Lead Independent Director.
Hans's mailing address filed with the SEC is 1437 S. BOULDER AVE., , TULSA, OK, 74119.
Over the last 23 years, insiders at Cimarex Co have traded over $135,529,747 worth of Cimarex Co stock and bought 96,332 units worth $2,968,081 . The most active insiders traders include Hans Helmerich, F H Merelli, and Stephen P Bell. On average, Cimarex Co executives and independent directors trade stock every 17 days with the average trade being worth of $706,407. The most recent stock trade was executed by John Lambuth on 27 August 2021, trading 10,000 units of XEC stock currently worth $637,500.
Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Anadarko and Permian Basins of the U.S.
Cimarex Co executives and other stock owners filed with the SEC include: