Robert C.  Skaggs, Jr. net worth and biography

Robert Skaggs, Jr. Biography and Net Worth

Chairman of DT Midstream
Bob Skaggs is a business leader and former President and CEO of large, multi-state utilities and interstate gas pipeline companies with a track record of repositioning and significantly growing them. His expertise in solving complex problems, creating successful financial, regulatory, and operational strategies, developing senior leadership teams, and driving impactful change has informed all his work. Mr. Skaggs’ extensive public board experience includes serving as director for Cloud Peak Energy, Team, Inc., and DTE Energy, chairing the boards of Columbia Pipeline Group (CPG) and Columbia Pipeline Partners (CPPL), and serving as director for NiSource Inc.

As President and CEO of NiSource, Mr. Skaggs achieved sustained growth by transforming the company’s strategy, relationships, systems, and people. In this role, and subsequently as President and CEO of CPG and CPPL, he oversaw the leadership team that delivered an annual shareholder return of 30% through strategically growing the annual capital investment program from $500 million to $2.5 billion. Equity market value over this period grew from about $2 billion to over $20 billion.

Mr. Skaggs also led the 2015 strategic spinoff of CPG from NiSource, including formation of the IPO of CPPL (the largest MLP IPO in history), public financing, and CPG’s sale to TransCanada.

Focused on developing people and capabilities, Mr. Skaggs built top-performing teams, enhanced stakeholder relationships, ensured organizational alignment, and attained industry-leading employee safety and engagement metrics. He led a groundbreaking infrastructure modernization program, and by driving engagement with high-level government officials, consumer advocates, and industrial customers, his team secured the additional rate increases needed over many years to allow for rebuilding the system to provide safe, efficient service.

Prior to his roles at Columbia Pipeline Group and NiSource, Mr. Skaggs held executive leadership positions at Columbia Gas of Ohio and Columbia Gas of Kentucky (President), Columbia Gas Distribution Companies (Chief Financial Officer and Chief Regulatory Officer), Commonwealth Gas Services (President), and Columbia Energy Group (Vice President, Regulatory Affairs).

Mr. Skaggs holds a B.A. in economics from Davidson College, a J.D. from West Virginia University, and an M.B.A. from Tulane University.

What is Robert C. Skaggs, Jr.'s net worth?

The estimated net worth of Robert C. Skaggs, Jr. is at least $3.68 million as of February 26th, 2024. Mr. Skaggs, Jr. owns 37,289 shares of DT Midstream stock worth more than $3,680,797 as of December 18th. This net worth evaluation does not reflect any other investments that Mr. Skaggs, Jr. may own. Learn More about Robert C. Skaggs, Jr.'s net worth.

How do I contact Robert C. Skaggs, Jr.?

The corporate mailing address for Mr. Skaggs, Jr. and other DT Midstream executives is , , . DT Midstream can also be reached via phone at 313-402-8532 and via email at [email protected]. Learn More on Robert C. Skaggs, Jr.'s contact information.

Has Robert C. Skaggs, Jr. been buying or selling shares of DT Midstream?

Robert C. Skaggs, Jr. has not been actively trading shares of DT Midstream during the last ninety days. Most recently, on Monday, February 26th, Robert C. Skaggs, Jr. bought 1,000 shares of DT Midstream stock. The stock was acquired at an average cost of $56.87 per share, with a total value of $56,870.00. Following the completion of the transaction, the director now directly owns 37,289 shares of the company's stock, valued at $2,120,625.43. Learn More on Robert C. Skaggs, Jr.'s trading history.

Who are DT Midstream's active insiders?

DT Midstream's insider roster includes Jeffrey Jewell (CFO), Robert Skaggs, Jr. (Chairman), David Slater (CEO), and Peter Tumminello (Director). Learn More on DT Midstream's active insiders.

Are insiders buying or selling shares of DT Midstream?

In the last year, DT Midstream insiders bought shares 3 times. They purchased a total of 1,600 shares worth more than $96,834.00. The most recent insider tranaction occured on August, 9th when CFO Jeffrey A Jewell bought 200 shares worth more than $14,844.00. Insiders at DT Midstream own 0.2% of the company. Learn More about insider trades at DT Midstream.

Information on this page was last updated on 8/9/2024.

Robert C. Skaggs, Jr. Insider Trading History at DT Midstream

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/26/2024Buy1,000$56.87$56,870.0037,289View SEC Filing Icon  
5/11/2023Buy2,000$46.70$93,400.0019,539View SEC Filing Icon  
11/8/2021Buy400$48.90$19,560.00View SEC Filing Icon  
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Robert C. Skaggs, Jr. Buying and Selling Activity at DT Midstream

This chart shows Robert C Skaggs Jr's buying and selling at DT Midstream by year and by quarter.

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DT Midstream Company Overview

DT Midstream logo
DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and provision of associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.
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Today's Range

Now: $98.71
Low: $96.46
High: $99.09

50 Day Range

MA: $96.15
Low: $83.79
High: $108.56

2 Week Range

Now: $98.71
Low: $51.17
High: $109.85

Volume

933,365 shs

Average Volume

681,417 shs

Market Capitalization

$9.59 billion

P/E Ratio

24.02

Dividend Yield

2.92%

Beta

0.77