Spencer D. Armour, III was appointed to the University of Houston System Board of Regents by Governor Rick Perry in 2011 and will serve through August 31, 2017. For fiscal year 2016-2017, Regent Armour will serve as chair of the Finance and Administration Committee, vice chair of the Facilities, Construction and Master Planning Committee, a member of the Endowment Management Committee, and as a member of the Executive and Compensation Committee.
A native of Silsbee, Texas, Armour earned his Bachelor of Science degree in Economics from the University of Houston in 1977.
Armour currently serves as chairman of ProPetro Services and is a partner at PT Petroleum LLC. He is also managing partner of Armada Gas & Oil Company in Midland, Texas, a company that invests in oil and gas production, minerals, and the oilfield service sector. Armour founded Lone Star Mud, Inc. in 1986 and Sledge Drilling Corp. in 2006. Both were subsequently acquired by public companies.
Armour is past president of the Petroleum Club of Midland and has served on the boards of Patterson-UTI Energy, Inc., NuTech Energy Alliance, and Beacon Resources, LLC. He is also a member of the Midland and Fort Worth Wildcat Committees.
What is Spencer D. Armour, III's net worth?
The estimated net worth of Spencer D. Armour, III is at least $249,616.84 as of March 15th, 2023. Mr. Armour, III owns 36,124 shares of ProPetro stock worth more than $249,617 as of October 31st. This net worth approximation does not reflect any other investments that Mr. Armour, III may own. Learn More about Spencer D. Armour, III's net worth.
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Has Spencer D. Armour, III been buying or selling shares of ProPetro?
Are insiders buying or selling shares of ProPetro?
In the last twelve months, insiders at the sold shares 4 times. They sold a total of 69,777 shares worth more than $659,197.30. The most recent insider tranaction occured on August, 26th when Director Michele Vion sold 5,000 shares worth more than $41,300.00. Insiders at ProPetro own 1.0% of the company.
Learn More about insider trades at ProPetro. Information on this page was last updated on 8/26/2024.