Last updated: 22 February 2024 at 4:56pm EST

Robert Frenzel Net Worth




The estimated Net Worth of Robert Frenzel is at least $24.5 Million dollars as of 20 February 2024. Mr. Frenzel owns over 19,965 units of Xcel stock worth over $20,295,808 and over the last 9 years he sold XEL stock worth over $1,056,800. In addition, he makes $3,103,980 as President and Chief Operating Officer at Xcel.

Mr. Frenzel XEL stock SEC Form 4 insiders trading

Robert has made over 12 trades of the Xcel stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 19,965 units of XEL stock worth $1,274,765 on 20 February 2024.

The largest trade he's ever made was exercising 19,965 units of Xcel stock on 20 February 2024 worth over $1,274,765. On average, Robert trades about 1,742 units every 35 days since 2016. As of 20 February 2024 he still owns at least 317,867 units of Xcel stock.

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





Robert Frenzel biography

Robert C. Frenzel serves as President, Chief Operating Officer of the Company. Previously, Senior Vice President and Chief Financial Officer, Luminant, a subsidiary of Energy Future Holdings Corp., an electric utility and power generation company, February 2012 to April 2016; Senior Vice President for Corporate Development, Strategy and Mergers and Acquisitions, Energy Future Holdings Corp., February 2009 to February 2012. In April 2014, Energy Future Holdings Corp., the majority of its subsidiaries, including Texas Competitive Energy Holdings (TCEH) the parent company of Luminant, filed a voluntary bankruptcy petition under Chapter 11 of the United States Bankruptcy Code. TCEH emerged from Chapter 11 in October 2016.

What is the salary of Robert Frenzel?

As the President and Chief Operating Officer of Xcel, the total compensation of Robert Frenzel at Xcel is $3,103,980. There are 1 executives at Xcel getting paid more, with Benjamin Fowke having the highest compensation of $16,898,800.



How old is Robert Frenzel?

Robert Frenzel is 49, he's been the President and Chief Operating Officer of Xcel since 2020. There are 27 older and 6 younger executives at Xcel. The oldest executive at Xcel Energy Inc. is David Owens, 71, who is the Independent Director.

What's Robert Frenzel's mailing address?

Robert's mailing address filed with the SEC is Nicollet Mall, Minneapolis, Hennepin County, Minnesota, 55401, United States.

Insiders trading at Xcel

Over the last 21 years, insiders at Xcel have traded over $78,119,088 worth of Xcel stock and bought 57,677 units worth $1,733,202 . The most active insiders traders include Richard K Davis, Richard H Anderson, and Allan L Schuman. On average, Xcel executives and independent directors trade stock every 46 days with the average trade being worth of $735,488. The most recent stock trade was executed by Frank P Prager on 16 August 2024, trading 2,041 units of XEL stock currently worth $121,440.



What does Xcel do?

Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company sells electricity to approximately 3.7 million customers; and natural gas to approximately 2.1 million customers. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.



What does Xcel's logo look like?

Xcel Energy Inc. logo

Complete history of Mr. Frenzel stock trades at Patterson Companies, Xcel, and Xcel

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
20 Feb 2024 Robert Frenzel
Chairman, President, and CEO
Option 19,965 $59.19 $1,181,728
20 Feb 2024
317,867
21 Feb 2023 Robert Frenzel
Chairman, President, and CEO
Option 7,633 $67.20 $512,938
21 Feb 2023
143,904
22 Feb 2022 Robert Frenzel
Chairman, President, and CEO
Option 7,000 $65.94 $461,580
22 Feb 2022
122,273
16 Feb 2021 Robert Frenzel
Chairman, President, and CEO
Option 6,528 $60.51 $395,009
16 Feb 2021
104,558
4 Mar 2020 Robert Frenzel
Chairman, President, and CEO
Sale 4,000 $67.64 $270,560
4 Mar 2020
61,872
18 Feb 2020 Robert Frenzel
Chairman, President, and CEO
Option 6,863 $71.16 $488,371
18 Feb 2020
87,917
18 Feb 2020 Robert Frenzel
Chairman, President, and CEO
Option 6,863 $71.16 $488,371
18 Feb 2020
87,917
11 Jun 2019 Robert Frenzel
Chairman, President, and CEO
Sale 4,400 $58.60 $257,840
11 Jun 2019
51,470
4 Mar 2020 Robert Frenzel
EVP and CFO
Sale 4,000 $67.64 $270,560
4 Mar 2020
61,872
18 Feb 2020 Robert Frenzel
EVP and CFO
Option 6,863 $71.16 $488,371
18 Feb 2020
87,917
18 Feb 2020 Robert Frenzel
EVP and CFO
Option 6,863 $71.16 $488,371
18 Feb 2020
87,917
11 Jun 2019 Robert Frenzel
EVP and CFO
Sale 4,400 $58.60 $257,840
11 Jun 2019
51,470


Xcel executives and stock owners

Xcel executives and other stock owners filed with the SEC include: