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Spencer Armour, III Biography and Net Worth

Director of Viper Energy

Mr. Armour has been a director of our general partner since July 2017. He has over 30 years of executive and entrepreneurial experience in the energy services industry. Mr. Armour has served as a partner of Geneses Investments since February 2019. He served as President of PT Petroleum LLC in Midland, Texas. from March 2013 until January 2019. He was the Vice President of Corporate Development for Basic Energy Services, Inc. from 2007 to 2008, which acquired Sledge Drilling Corp., a company Mr. Armour co-founded and served as Chief Executive Officer for from 2005 to 2006. From 1998 through 2005, he served as Executive Vice President of Patterson-UTI Energy, Inc., which acquired Lone Star Mud, Inc., a company Mr. Armour founded and served as President from 1986 to 1997. Mr. Armour has served as a director of ProPetro Holding Corp. since February 2013 and as a director of CES Energy Solutions since December 2018. Mr. Armour also served on the Patterson-UTI Board of Directors from 1999 through 2001. Mr. Armour received a Bachelor of Science in Economics from the University of Houston and was appointed to the University of Houston System Board of Regents in 2011 by former Texas Governor Rick Perry.

What is Spencer D. Armour, III's net worth?: The estimated net worth of Spencer D. Armour, III is at least $1.95 million as of March 15th, 2023. Mr. Armour, III owns 36,124 shares of Viper Energy stock worth more than $1,951,057 as of November 21st. This net worth approximation does not reflect any other assets that Mr. Armour, III may own. Learn More about Spencer D. Armour, III's net worth.
How do I contact Spencer D. Armour, III?: The corporate mailing address for Mr. Armour, III and other Viper Energy executives is 500 WEST TEXAS SUITE 1200, MIDLAND TX, 79701. Viper Energy can also be reached via phone at (432) 221-7400 and via email at [email protected]. Learn More on Spencer D. Armour, III's contact information.
Has Spencer D. Armour, III been buying or selling shares of Viper Energy?: Spencer D. Armour, III has not been actively trading shares of Viper Energy during the last ninety days. Most recently, on Wednesday, March 15th, Spencer D. Armour III bought 4,000 shares of Viper Energy stock. The stock was acquired at an average cost of $26.44 per share, with a total value of $105,760.00. Following the completion of the transaction, the director now directly owns 36,124 shares of the company's stock, valued at $955,118.56. Learn More on Spencer D. Armour, III's trading history.
Who are Viper Energy's active insiders?: Viper Energy's insider roster includes Spencer Armour, III (Director), Frank Hu (Director), Kaes Van't Hof (President), Steven West (Director), and Matt Zmigrosky (VP). Learn More on Viper Energy's active insiders.

Spencer D. Armour, III Insider Trading History at Viper Energy

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
3/15/2023	Buy	4,000	$26.44	$105,760.00	36,124

Spencer D. Armour, III Buying and Selling Activity at Viper Energy

Viper Energy Company Overview

Viper Energy, Inc. owns and acquires mineral and royalty interests in oil and natural gas properties in the Permian Basin, North America. Viper Energy Partners GP LLC operates as the general partner of the company. The company was formerly known as Viper Energy Partners LP and changed its name to Viper Energy, Inc. in November 2023. The company was founded in 2013 and is based in Midland, Texas. Viper Energy, Inc. is a subsidiary of Diamondback Energy, Inc.

Today's Range

Now: $54.51

$54.35

$54.91

50 Day Range

MA: $50.02

$42.97

$55.42

2 Week Range

Now: $54.51

$29.03

$56.08

Volume

41,432 shs

Average Volume

1,075,560 shs

Market Capitalization

$10.27 billion

P/E Ratio

23.39

Dividend Yield

2.25%

Beta

1.72