Frank A. Lodzinski has served as Executive Chairman of Earthstone Energy, Inc. since April 2020. Previously, he served as Chief Executive Officer of the company since December 2014. Prior to his positions with Earthstone Energy, he served as President and Chief Executive Officer of Oak Valley Resources, LLC from its formation in December 2012 until the closing of its strategic combination with the Company in December 2014. Prior to his service with Oak Valley, Mr. Lodzinski was Chairman, President and Chief Executive Officer of GeoResources, Inc. from April 2007 until it was sold to Halcón Resources Corporation in August 2012. He has over 47 years of oil and gas industry experience.
In 1984, he formed Energy Resource Associates, Inc., which acquired management and controlling interests in oil and gas limited partnerships, joint ventures and producing properties. Certain partnerships were exchanged for common shares of Hampton Resources Corporation in 1992, which Mr. Lodzinski joined as a director and President. Hampton was sold in 1995 to Bellwether Exploration Company.
In 1996, he formed Cliffwood Oil & Gas Corp. and in 1997, Cliffwood shareholders acquired a controlling interest in Texoil, Inc., where Mr. Lodzinski served as a director, CEO and President. In 2001, Texoil was sold to Ocean Energy, Inc. and, thereafter, Mr. Lodzinski was appointed CEO and President of AROC, Inc., to direct the restructuring and ultimate liquidation of that company. In 2003, AROC completed a monetization of oil and gas assets with an institutional investor and began a plan of liquidation in 2004.
In 2004, Mr. Lodzinski formed Southern Bay Energy, LLC, the general partner of Southern Bay Oil & Gas, L.P., which acquired the residual assets of AROC, Inc., and he served as President of Southern Bay Energy, LLC since its formation. The Southern Bay entities were merged into GeoResources in April 2007.
Mr. Lodzinski holds a BSBA degree in Accounting and Finance from Wayne State University in Detroit, Michigan.
What is Frank Alan Lodzinski's net worth?
The estimated net worth of Frank Alan Lodzinski is at least $7.55 million as of September 27th, 2023. Mr. Lodzinski owns 356,418 shares of Earthstone Energy stock worth more than $7,545,369 as of April 23rd. This net worth approximation does not reflect any other assets that Mr. Lodzinski may own. Learn More about Frank Alan Lodzinski's net worth.
How old is Frank Alan Lodzinski?
How do I contact Frank Alan Lodzinski?
Has Frank Alan Lodzinski been buying or selling shares of Earthstone Energy?
Frank Alan Lodzinski has not been actively trading shares of Earthstone Energy during the past quarter. Most recently, Frank Alan Lodzinski sold 51,968 shares of the business's stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $20.16, for a transaction totalling $1,047,674.88. Following the completion of the sale, the chairman now directly owns 356,418 shares of the company's stock, valued at $7,185,386.88. Learn More on Frank Alan Lodzinski's trading history.
Who are Earthstone Energy's active insiders?
Are insiders buying or selling shares of Earthstone Energy?
During the last twelve months, insiders at the oil and gas producer sold shares 4 times. They sold a total of 5,083,834 shares worth more than $74,316,242.07. The most recent insider tranaction occured on October, 13th when EVP Tony Oviedo sold 20,899 shares worth more than $444,730.72. Insiders at Earthstone Energy own 3.3% of the company.
Learn More about insider trades at Earthstone Energy. Information on this page was last updated on 10/13/2023.
