The estimated Net Worth of Philip A Choyce is at least $865 Thousand dollars as of 10 February 2024. Mr. Choyce owns over 11,888 units of Independence Contract Drilling Inc stock worth over $94,636 and over the last 10 years he sold ICD stock worth over $0. In addition, he makes $770,039 as Chief Financial Officer and Executive Vice President at Independence Contract Drilling Inc.
Philip has made over 19 trades of the Independence Contract Drilling Inc stock since 2017, according to the Form 4 filled with the SEC. Most recently he exercised 11,888 units of ICD stock worth $7,014 on 10 February 2024.
The largest trade he's ever made was exercising 146,774 units of Independence Contract Drilling Inc stock on 1 October 2018 worth over $86,597. On average, Philip trades about 13,506 units every 75 days since 2014. As of 10 February 2024 he still owns at least 160,400 units of Independence Contract Drilling Inc stock.
You can see the complete history of Mr. Choyce stock trades at the bottom of the page.
Philip A. Choyce serves as Chief Financial Officer, Executive Vice President of the Company. Mr. Choyce is one of our original founders and has served as our Executive Vice President and Chief Financial Officer since August 2016, as our Senior Vice President and Chief Financial Officer from March 2012 to August 2016, and as our Senior Vice President and General Counsel from November 2011 until March 2012. From 2009 until 2011, Mr. Choyce was the owner of The Choyce Firm, which provided legal services to domestic and international oil and gas services companies. Mr. Choyce served as the Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer of Grant Prideco, Inc., one of the world’s largest suppliers of drill pipe and drill bits, from its spinoff into a new public company in 2000 until its sale to National Oilwell Varco in 2008. Prior to joining Grant Prideco, Mr. Choyce was a Senior Associate at Fulbright & Jaworski LLP. Mr. Choyce began his career as a certified public accountant at Ernst & Young LLP. Mr. Choyce graduated from Texas A&M University with a B.B.A. in Accounting, and received his law degree from the University of Texas in Austin.
As the Chief Financial Officer and Executive Vice President of Independence Contract Drilling Inc, the total compensation of Philip Choyce at Independence Contract Drilling Inc is $770,039. There are 1 executives at Independence Contract Drilling Inc getting paid more, with J. Anthony Gallegos having the highest compensation of $1,532,440.
Philip Choyce is 52, he's been the Chief Financial Officer and Executive Vice President of Independence Contract Drilling Inc since 2018. There are 4 older and 8 younger executives at Independence Contract Drilling Inc. The oldest executive at Independence Contract Drilling Inc is Daniel McNease, 68, who is the Independent Director.
Philip's mailing address filed with the SEC is 20475 HWY 249, SUITE 300, , HOUSTON, TX, 77070.
Over the last 10 years, insiders at Independence Contract Drilling Inc have traded over $10,987,574 worth of Independence Contract Drilling Inc stock and bought 3,700,984 units worth $25,843,019 . The most active insiders traders include William Monroe, Resource Corp Sprott Resour..., and Thomas R Jr Bates. On average, Independence Contract Drilling Inc executives and independent directors trade stock every 18 days with the average trade being worth of $26,826. The most recent stock trade was executed by Robert J. Iv Barrett on 1 July 2024, trading 6,837 units of ICD stock currently worth $4,034.
corporate overview independence contract drilling was formed in 2011 as a vertically integrated premium land drilling services provider. from its wholly owned api certified manufacturing facility in houston, texas independence contract drilling provides e&p operators the shaledriller series rigs. these rigs are fast moving, programmable ac rigs custom designed to be best in class for the development of shale plays and other areas where completions require long horizontal sections. the shaledriller is based on a proven rig design with units operating in all major us shale plays as well as africa, indonesia and asia. driven by superior design characteristics, shaledriller rigs provide a compelling value proposition to our customers. the fine control of key drilling parameters offered by shaledriller proprietary ac software code allows same-class wells to be drilled in almost half the time required by a mechanical rig and 20% faster than with dc equipment. combined with the shaledrill
Independence Contract Drilling Inc executives and other stock owners filed with the SEC include: