Last updated: 20 May 2022 at 3:50pm EST

Robert Watson Net Worth




The estimated Net Worth of Robert L G Watson is at least $684 Thousand dollars as of 7 February 2020. Mr. Watson owns over 35,380 units of Abraxas Petroleum stock worth over $9,715 and over the last 16 years he sold AXAS stock worth over $0. In addition, he makes $674,500 as Chairman of the Board, President, and Chief Executive Officer at Abraxas Petroleum.

Mr. Watson AXAS stock SEC Form 4 insiders trading

Robert has made over 14 trades of the Abraxas Petroleum stock since 2008, according to the Form 4 filled with the SEC. Most recently he bought 35,380 units of AXAS stock worth $9,906 on 7 February 2020.

The largest trade he's ever made was buying 174,652 units of Abraxas Petroleum stock on 31 December 2018 worth over $199,103. On average, Robert trades about 20,008 units every 126 days since 2008. As of 7 February 2020 he still owns at least 279,983 units of Abraxas Petroleum stock.

You can see the complete history of Mr. Watson stock trades at the bottom of the page.





Robert Watson biography

Robert Leon Glen Watson serves as Chairman of the Board, President, Chief Executive Officer of the Company. Robert L.G. Watson has served as Chairman of the Board, President, Chief Executive Officer and a director of Abraxas since 1977. Prior to forming Abraxas, Mr. Watson held petroleum engineering positions with Tesoro Petroleum Corporation and DeGolyer and MacNaughton. Mr. Watson received a Bachelor of Science degree in Mechanical Engineering from Southern Methodist University in 1972 and a Master of Business Administration degree from the University of Texas at San Antonio in 1974. Mr. Watson has been involved in the oil and gas industry for his entire business career and is the founder of Abraxas. He has developed a wide network of personal and business relationships within the oil and gas industry. His strong engineering and financial background combined with his many years of operational experience throughout changing conditions in the market and industry provide him with the ability to successfully lead the Company.

What is the salary of Robert Watson?

As the Chairman of the Board, President, and Chief Executive Officer of Abraxas Petroleum, the total compensation of Robert Watson at Abraxas Petroleum is $674,500. There are no executives at Abraxas Petroleum getting paid more.



How old is Robert Watson?

Robert Watson is 69, he's been the Chairman of the Board, President, and Chief Executive Officer of Abraxas Petroleum since 1977. There are 4 older and 13 younger executives at Abraxas Petroleum. The oldest executive at Abraxas Petroleum Corp. is Ralph Cox, 88, who is the Lead Independent Director.

What's Robert Watson's mailing address?

Robert's mailing address filed with the SEC is 18803 MEISNER DRIVE, , SAN ANTONIO, TX, 78258.

Insiders trading at Abraxas Petroleum

Over the last 16 years, insiders at Abraxas Petroleum have traded over $80,660,727 worth of Abraxas Petroleum stock and bought 1,447,425 units worth $2,393,486 . The most active insiders traders include Franklin A Burke, Gordon & Co., L.P.Ag Energy..., and Robert L G Watson. On average, Abraxas Petroleum executives and independent directors trade stock every 39 days with the average trade being worth of $1,023. The most recent stock trade was executed by George William Jr Krog on 26 January 2023, trading 16,000 units of AXAS stock currently worth $14,720.



What does Abraxas Petroleum do?

abraxas petroleum corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the united states. the company operates oil and gas assets in the permian/delaware basin, the rocky mountain, and south texas regions. as of december 31, 2019, its estimated net proved reserves were 56.4 million barrels of oil equivalent. the company was founded in 1977 and is based in san antonio, texas.



What does Abraxas Petroleum's logo look like?

Abraxas Petroleum Corp. logo

Complete history of Mr. Watson stock trades at Abraxas Petroleum

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
7 Feb 2020 Robert L G Watson
President/CEO
Buy 35,380 $0.28 $9,906
7 Feb 2020
279,983
19 Mar 2019 Robert L G Watson
President/CEO
Option 125,000 $0.99 $123,750
19 Mar 2019
1,519,867
8 Feb 2019 Robert L G Watson
President/CEO
Buy 8,580 $1.12 $9,610
8 Feb 2019
244,603
31 Dec 2018 Robert L G Watson
President/CEO
Buy 174,652 $1.14 $199,103
31 Dec 2018
236,017
4 Apr 2018 Robert L G Watson
President/CEO
Buy 7,478 $2.20 $16,452
4 Apr 2018
61,365
6 Aug 2015 Robert L G Watson
President/CEO
Buy 10,000 $1.70 $17,000
6 Aug 2015
1,342,336
3 Mar 2015 Robert L G Watson
President/CEO
Buy 2,787 $3.21 $8,946
3 Mar 2015
45,249
24 Mar 2014 Robert L G Watson
President/CEO
Buy 2,665 $3.15 $8,395
24 Mar 2014
42,462
19 Nov 2012 Robert L G Watson
President/CEO
Option 90,000 $0.65 $58,500
19 Nov 2012
1,304,944
15 Sep 2011 Robert L G Watson
President/CEO
Option 13,713 $1.44 $19,747
15 Sep 2011
1,214,944
22 Mar 2011 Robert L G Watson
President/CEO
Option 60,000 $2.75 $165,000
22 Mar 2011
1,226,631
26 May 2010 Robert L G Watson
President/CEO
Option 120,000 $1.02 $122,400
26 May 2010
1,197,579
7 Oct 2008 Robert L G Watson
President/CEO
Buy 5,000 $1.79 $8,950
7 Oct 2008
869,004
15 Sep 2008 Robert L G Watson
President/CEO
Buy 5,000 $2.37 $11,850
15 Sep 2008
864,004


Abraxas Petroleum executives and stock owners

Abraxas Petroleum executives and other stock owners filed with the SEC include: