The estimated Net Worth of David L Houston is at least $5.01 Millón dollars as of 12 September 2023. Mr. Houston owns over 8,000 units of Diamondback Inc stock worth over $1,948,703 and over the last 15 years he sold FANG stock worth over $2,789,760. In addition, he makes $275,999 as Lead Independent Director at Diamondback Inc.
David has made over 5 trades of the Diamondback Inc stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 8,000 units of FANG stock worth $1,252,320 on 12 September 2023.
The largest trade he's ever made was selling 20,000 units of Diamondback Inc stock on 7 February 2012 worth over $720,000. On average, David trades about 1,946 units every 151 days since 2009. As of 12 September 2023 he still owns at least 11,565 units of Diamondback Inc stock.
You can see the complete history of Mr. Houston stock trades at the bottom of the page.
David L. Houston serves as Lead Independent Director of the Company. Mr. Houston has served as a director of the Company since October 2012. Since 1991, Mr. Houston has been the principal of Houston Financial, a firm providing wealth management services with a focus on the energy sector. Since 2000, Mr. Houston has managed a mineral trust with approximately 9,200 net acres in Oklahoma, Texas, Kansas and New Mexico, which includes responsibility for leasing and production matters. Mr. Houston served on the board of directors and executive committee of Deaconess Hospital, Oklahoma City, Oklahoma, from January 1993 until December 2008. Mr. Houston has served as a director of Gulfport Energy Corporation, or Gulfport, since July 1998, and has been Chairman of its Board since June 2013. Mr. Houston also serves on Gulfport’s nominating and governance, audit and compensation committees. He served as a director of Bronco Drilling Company from May 2005 until December 2010 and was a member of its audit committee. Mr. Houston received a Bachelor of Science degree in business from Oklahoma State University and a graduate degree in banking from Louisiana State University. In particular, we believe Mr. Houston’s strengths in the following core competencies provide value to our board of directors: Corporate Governance; Financial Reporting/Accounting Experience; Industry Background; Executive Experience; Executive Compensation; and Risk Management.
As the Lead Independent Director of Diamondback Inc, the total compensation of David Houston at Diamondback Inc is $275,999. There are 12 executives at Diamondback Inc getting paid more, with Kaes Van't Hof having the highest compensation of $31,063,500.
David Houston is 67, he's been the Lead Independent Director of Diamondback Inc since 2012. There are 1 older and 20 younger executives at Diamondback Inc. The oldest executive at Diamondback Energy Inc is Michael Cross, 68, who is the Independent Director.
David's mailing address filed with the SEC is 500 WEST TEXAS AVENUE, SUITE 100, MIDLAND, TX, 79701.
Over the last 12 years, insiders at Diamondback Inc have traded over $1,446,737,182 worth of Diamondback Inc stock and bought 3,475,747 units worth $62,009,530 . The most active insiders traders include Capital Lpdavidson Charles ..., Energy Holdings Llc Db y Energy Corp Gulfport. On average, Diamondback Inc executives and independent directors trade stock every 13 days with the average trade being worth of $15,624,331. The most recent stock trade was executed by Teresa L. Dick on 9 August 2024, trading 5,000 units of FANG stock currently worth $1,000,000.
diamondback energy is an independent oil and natural gas company headquartered in midland, tx. diamondback’s growth strategy is focused on the acquisition, development, exploration and exploitation of unconventional, long-life, onshore oil and natural gas reserves in the major oil producing permian basin in west texas. the company’s operations are directed primarily at the large acreage areas of the clearfork, spraberry, wolfcamp, cline, strawn and atoka formations, collectively known as the wolfberry trend.
Diamondback Inc executives and other stock owners filed with the SEC include: