Michael H.  Lou net worth and biography

Michael Lou Biography and Net Worth

CFO of Chord Energy

Michael Lou serves as Chief Financial Officer for Chord Energy. Mr. Lou has 25 years of experience in the oil and gas industry. He most recently served as Chief Financial Officer and Executive Vice President for Oasis Petroleum and its subsidiaries, starting in 2011. He served as Senior Vice President of Finance from 2009 to 2011 and as President and Director of the general partner of Oasis Midstream Partners LP from 2017 until OMP’s acquisition by Crestwood Equity Partners LP in 2022. 

Mr. Lou began his career as an analyst for Merrill Lynch’s investment banking group in 1997. From 1999 to 2004, Mr. Lou held positions of increasing responsibility, most recently as a Vice President for Bank of America’s investment banking group. He served as Vice President for First Albany Investment Banking from 2004 to 2006. From 2005 to 2006, Mr. Lou was a Director for Macquarie Investment Bank. From 2006 to 2008 he served as Chief Financial Officer of XXL Energy Corp., a publicly listed Canadian oil and gas company. In 2008, he served as Vice President Finance of Warrior Energy N.V., a publicly listed Canadian oil and gas company, and as the Chief Financial Officer of Giant Energy Ltd., a private oil and gas management company. Mr. Lou was an independent contractor in 2009 prior to joining Oasis.

Mr. Lou holds a Bachelor of Science in Electrical Engineering from Southern Methodist University.

What is Michael H. Lou's net worth?

The estimated net worth of Michael H. Lou is at least $23.79 million as of February 16th, 2024. Mr. Lou owns 128,209 shares of Chord Energy stock worth more than $23,793,026 as of April 27th. This net worth evaluation does not reflect any other assets that Mr. Lou may own. Additionally, Mr. Lou receives an annual salary of $1,070,000.00 as CFO at Chord Energy. Learn More about Michael H. Lou's net worth.

How old is Michael H. Lou?

Mr. Lou is currently 50 years old. There are 3 older executives and no younger executives at Chord Energy. The oldest executive at Chord Energy is Mr. Darrin J. Henke, Executive VP & COO, who is 56 years old. Learn More on Michael H. Lou's age.

What is Michael H. Lou's salary?

As the CFO of Chord Energy Co., Mr. Lou earns $1,070,000.00 per year. The highest earning executive at Chord Energy is Mr. Daniel E. Brown, President, CEO & Director, who commands a salary of $1,980,000.00 per year. Learn More on Michael H. Lou's salary.

How do I contact Michael H. Lou?

The corporate mailing address for Mr. Lou and other Chord Energy executives is 1001 FANNIN STREET SUITE 1500, HOUSTON TX, 77002. Chord Energy can also be reached via phone at 281-404-9500. Learn More on Michael H. Lou's contact information.

Has Michael H. Lou been buying or selling shares of Chord Energy?

Michael H. Lou has not been actively trading shares of Chord Energy during the last quarter. Most recently, Michael H. Lou sold 3,000 shares of the business's stock in a transaction on Friday, February 16th. The shares were sold at an average price of $165.00, for a transaction totalling $495,000.00. Following the completion of the sale, the chief financial officer now directly owns 128,209 shares of the company's stock, valued at $21,154,485. Learn More on Michael H. Lou's trading history.

Who are Chord Energy's active insiders?

Chord Energy's insider roster includes Douglas Brooks (Director), Samantha Holroyd (Director), Paul Korus (Director), Michael Lou (CFO), Lynn Peterson (Director), and Charles Rimer (COO). Learn More on Chord Energy's active insiders.

Are insiders buying or selling shares of Chord Energy?

During the last twelve months, insiders at the sold shares 17 times. They sold a total of 53,882 shares worth more than $8,606,142.89. The most recent insider tranaction occured on February, 16th when CFO Michael H Lou sold 3,000 shares worth more than $495,000.00. Insiders at Chord Energy own 0.7% of the company. Learn More about insider trades at Chord Energy.

Information on this page was last updated on 2/16/2024.

Michael H. Lou Insider Trading History at Chord Energy

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/16/2024Sell3,000$165.00$495,000.00128,209View SEC Filing Icon  
2/1/2024Sell3,000$154.15$462,450.00131,209View SEC Filing Icon  
1/4/2024Sell6,000$169.80$1,018,800.00170,835View SEC Filing Icon  
8/8/2023Sell7,632$161.26$1,230,736.32186,235View SEC Filing Icon  
See Full Table

Michael H. Lou Buying and Selling Activity at Chord Energy

This chart shows Michael H Lou's buying and selling at Chord Energy by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Chord Energy Company Overview

Chord Energy logo
Chord Energy Corporation operates as an independent exploration and production company in the United States. It acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. The company sells its products to refiners, marketers, and other purchasers that have access to nearby pipeline and rail facilities. The company was formerly known as Oasis Petroleum Inc. and changed its name to Chord Energy Corporation in July 2022. Chord Energy Corporation was founded in 2007 and is headquartered in Houston, Texas.
Read More

Today's Range

Now: $185.58
Low: $182.80
High: $186.13

50 Day Range

MA: $172.54
Low: $159.73
High: $187.42

2 Week Range

Now: $185.58
Low: $133.34
High: $190.23

Volume

437,915 shs

Average Volume

657,645 shs

Market Capitalization

$7.71 billion

P/E Ratio

7.89

Dividend Yield

2.72%

Beta

1.06