The estimated Net Worth of Marcus A Watts is at least $3.2 Milion dollars as of 13 August 2021. Mr. Watts owns over 18,000 units of Cabot Oil & Gas stock worth over $1,339,184 and over the last 13 years he sold COG stock worth over $1,543,962. In addition, he makes $313,680 as Independent Director at Cabot Oil & Gas.
Marcus has made over 2 trades of the Cabot Oil & Gas stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 18,000 units of COG stock worth $1,172,340 on 13 August 2021.
The largest trade he's ever made was selling 18,000 units of Cabot Oil & Gas stock on 13 August 2021 worth over $1,172,340. On average, Marcus trades about 1,188 units every 36 days since 2012. As of 13 August 2021 he still owns at least 60,134 units of Cabot Oil & Gas stock.
You can see the complete history of Mr. Watts stock trades at the bottom of the page.
Marcus A. Watts serves as Independent Director of the Company. Mr. Watts joined our Board in August 2017, adding a wealth of legal, transactional and management expertise from both the oil and gas industry and other industries to our Board. Mr. Watts has served as President of The Friedkin Group, an umbrella company overseeing various business interests that are principally automotive-related, since 2011, after over 26 years of legal experience with the international law firm of Locke Lord LLP. In his prior experience with Locke Lord LLP, Mr. Watts focused on corporate and securities law, governance and related matters and served as the Managing Partner of the Houston, Texas office and Vice-Chairman of the firm-wide Executive Committee. Mr. Watts’ combination of legal and management talent is unique on our Board and he offers a fresh perspective from an industry other than our own, as well as years of experience representing oil and gas companies in his private law practice. This industry experience, as well as his legal and regulatory background, is particularly valuable to our Compensation and Environment, Health & Safety Committees of the Board, on which he serves. Mr. Watts served as a director of Complete Production Services until its merger with Superior Energy Services in 2012 and currently serves on the Board of Directors of Service Corporation International. He has also served on the boards of the Federal Reserve Bank of Dallas-Houston Branch since 2014 and the Greater Houston Partnership since 2012 and is the former Chairman of both organizations. Mr. Watts holds a law degree from Harvard Law School and a B.S. degree in Mechanical Engineering from Texas A&M University.
As the Independent Director of Cabot Oil & Gas, the total compensation of Marcus Watts at Cabot Oil & Gas is $313,680. There are 12 executives at Cabot Oil & Gas getting paid more, with Dan Dinges having the highest compensation of $13,830,900.
Marcus Watts is 61, he's been the Independent Director of Cabot Oil & Gas since 2017. There are 10 older and 10 younger executives at Cabot Oil & Gas. The oldest executive at Cabot Oil & Gas Corp. is Robert Kelley, 74, who is the Lead Independent Director.
Marcus's mailing address filed with the SEC is 1929, Allen Parkway, Montrose, Houston, Harris County, Texas, 77019, United States.
Over the last 22 years, insiders at Cabot Oil & Gas have traded over $18,791,707 worth of Cabot Oil & Gas stock and bought 221,554 units worth $5,109,347 . The most active insiders traders include Dan O Dinges, Jeffrey W Hutton oraz Scott C Schroeder. On average, Cabot Oil & Gas executives and independent directors trade stock every 44 days with the average trade being worth of $877,416. The most recent stock trade was executed by Deidre L Shearer on 11 March 2021, trading 22,500 units of COG stock currently worth $436,500.
Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the exploration, development, and production of natural gas properties exclusively onshore in the United States. As of December 31, 2020, the Company had approximately 13.7 Tcfe of total proved reserves. Cabot’s 2020 net production was 100% natural gas from the Marcellus Shale in northeastern Pennsylvania. The Company’s success in developing abundant unconventional supplies of natural gas helps to support the goal of reducing total greenhouse gas emissions while achieving energy independence in the United States.
Cabot Oil & Gas executives and other stock owners filed with the SEC include: