The estimated Net Worth of Michael James Graves is at least $3.69 Milione dollars as of 22 June 2021. Mr. Graves owns over 600,000 units of Torchlight Resources Inc stock worth over $3,687,750 and over the last 7 years he sold TRCH stock worth over $0. In addition, he makes $0 as Independent Director at Torchlight Resources Inc.
Michael has made over 3 trades of the Torchlight Resources Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 600,000 units of TRCH stock worth $630,000 on 22 June 2021.
The largest trade he's ever made was exercising 600,000 units of Torchlight Resources Inc stock on 22 June 2021 worth over $630,000. On average, Michael trades about 103,333 units every 172 days since 2017. As of 22 June 2021 he still owns at least 745,000 units of Torchlight Resources Inc stock.
You can see the complete history of Mr. Graves stock trades at the bottom of the page.
Michael Graves CPA serves as Independent Director of the Company. He is a Certified Public Accountant, and since 2005 he has been a managing shareholder of Fitch & Graves in Sioux City, Iowa, which provides accounting and tax, financial planning, consulting and investment services. Since 2008, he has also been a registered representative with Western Equity Group where he has worked in investment sales. He is also presently a shareholder in several businesses involved in residential construction and property rentals. Previously, he worked at Bill Markve & Associates, Gateway 2000 and Deloitte & Touche. He graduated Summa Cum Laude from the University of South Dakota with a B.S. in Accounting.
Michael Graves is 52, he's been the Independent Director of Torchlight Resources Inc since 2017. There are 4 older and 1 younger executives at Torchlight Resources Inc. The oldest executive at Torchlight Energy Resources Inc is Roger Wurtele, 73, who is the Chief Financial Officer.
Michael's mailing address filed with the SEC is 5700 WEST PLANO PARKWAY, SUITE 3600, PLANO, TX, 75093.
Over the last 13 years, insiders at Torchlight Resources Inc have traded over $9,701 worth of Torchlight Resources Inc stock and bought 1,799,543 units worth $1,135,299 . The most active insiders traders include Greg Mc Cabe, Michael James Graves e Alexandre Zyngier. On average, Torchlight Resources Inc executives and independent directors trade stock every 150 days with the average trade being worth of $969,319. The most recent stock trade was executed by Alexandre Zyngier on 22 June 2021, trading 600,000 units of TRCH stock currently worth $630,000.
Torchlight Energy Resources, Inc., based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin.
Torchlight Resources Inc executives and other stock owners filed with the SEC include: