Spencer D. Armour, III was appointed to the University of Houston System Board of Regents by Governor Rick Perry in 2011 and will serve through August 31, 2017. For fiscal year 2016-2017, Regent Armour will serve as chair of the Finance and Administration Committee, vice chair of the Facilities, Construction and Master Planning Committee, a member of the Endowment Management Committee, and as a member of the Executive and Compensation Committee.
A native of Silsbee, Texas, Armour earned his Bachelor of Science degree in Economics from the University of Houston in 1977.
Armour currently serves as chairman of ProPetro Services and is a partner at PT Petroleum LLC. He is also managing partner of Armada Gas & Oil Company in Midland, Texas, a company that invests in oil and gas production, minerals, and the oilfield service sector. Armour founded Lone Star Mud, Inc. in 1986 and Sledge Drilling Corp. in 2006. Both were subsequently acquired by public companies.
Armour is past president of the Petroleum Club of Midland and has served on the boards of Patterson-UTI Energy, Inc., NuTech Energy Alliance, and Beacon Resources, LLC. He is also a member of the Midland and Fort Worth Wildcat Committees.
What is Spencer D. Armour, III's net worth?
The estimated net worth of Spencer D. Armour, III is at least $401.16 thousand as of March 15th, 2023. Mr. Armour, III owns 36,124 shares of ProPetro stock worth more than $401,157 as of December 5th. This net worth approximation does not reflect any other investments that Mr. Armour, III may own. Learn More about Spencer D. Armour, III's net worth.
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Has Spencer D. Armour, III been buying or selling shares of ProPetro?
Who are ProPetro's active insiders?
Are insiders buying or selling shares of ProPetro?
In the last twelve months, ProPetro insiders bought shares 1 times. They purchased a total of 4,900 shares worth more than $24,402.00. In the last twelve months, insiders at the sold shares 2 times. They sold a total of 33,916 shares worth more than $366,266.24. The most recent insider tranaction occured on October, 31st when Director G Larry Lawrence sold 27,000 shares worth more than $292,680.00. Insiders at ProPetro own 1.6% of the company.
Learn More about insider trades at ProPetro. Information on this page was last updated on 10/31/2025.
