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Venture Global, Inc. (VG)

USD13.34 -0.02 (-0.15%)
US NYSE Energy Oil & Gas Midstream
Address 1001 19th Street North 22209
Arlington, VA, US
CEO Michael A. Sabel
IPO 2025-01-24
CIK 2007855 ISIN US92333F1012

Explore sections of this company profile

Description

Venture Global, Inc., a liquefied natural gas (LNG) company, engages in the ownership, development, construction, and operation of LNG production facilities and associated infrastructure in the U.S. Gulf Coast. The company is involved in LNG production, natural gas transportation, and regasification operations, as well as LNG sales and shipping business through LNG tankers. Its LNG projects include Calcasieu, Plaquemines, and CP2 projects. The company was founded in 2013 and is headquartered in Arlington, Virginia. Venture Global, Inc. operates as a subsidiary of Venture Global Partners II, LLC.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD13.34 -0.02 (-0.15%)
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Volume Profile
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Liquidity & share structure
Average Volume
20M
Beta
0.26
Float Shares
497.94M
Free Float %
20.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+14.20% +13.23% +2.31% +43.00% +63.22% +94.57% +33.91% -44.71% -44.71% -44.71% -44.71%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (31 ratings, all time) Buy
Price Targets & DCF
Current price
13.34
Low 8.00 -40.0%
Consensus 12.25 -8.2%
Median 13.00 -2.5%
High 16.00 +19.9%
Ratings Trend (MoM) 47% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 5 0
Hold 9 0
Sell 0 0
Strong Sell 1 0
Price Target Summary
Period # Analysts Avg Target
Last Month 2
14.50
+8.7%
Last Quarter 6
13.17
-1.3%
Last Year 18
12.97
-2.8%
All Time 23
13.65
+2.3%
Quality scores
Altman Z-Score
1.03
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
4 / 5
High
P/E Score
4 / 5
High
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Oil & Gas Midstream: +6.6%
    +176.9% Q1'26: +58.9% (vs Q1'25)
  • EPS growth Oil & Gas Midstream: +17.6%
    +41.0% Q1'26: +26.7% (vs Q1'25)
  • FCF margin FCF growth · Oil & Gas Midstream: +25.7%
    +23.0% Q1'26: -52.6% (vs Q1'25)
  • EBIT margin Oil & Gas Midstream: +30.0%
    +36.6% Q1'26: +0.0% (vs Q1'25)
  • ROIC Oil & Gas Midstream: +7.6%
    +36.7% Q1'26: +0.0% (vs Q1'25)
  • Share dilution Oil & Gas Midstream: +0.0%
    +8.9% Q1'26: -0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Oil & Gas Midstream: 2.41×
    0.25× Q1'26: 0.51× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.44) × ERP
WACC = 95% × Ke + 5% × Kd (96.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 13.34
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
8 Rev. Ana.
8 EPS Ana.
Dec 2027
8 Rev. Ana.
8 EPS Ana.
Dec 2028
9 Rev. Ana.
7 EPS Ana.
Dec 2029
4 Rev. Ana.
2 EPS Ana.
Dec 2030
4 Rev. Ana.
5 EPS Ana.
Revenue
1.01B
est.
637.53M
est.
748.47M
est.
599.74M
est.
783.00M
est.
958.09M
est.
1.03B
est.
1.15B
est.
1.57B
est.
1.10B
est.
est: 1.38B (-100.0%)
6.45B
est: 1.52B (+323.4%)
7.90B
est: 1.68B (+371.4%)
4.97B
est: 5.34B (-7.0%)
13.77B
est: 13.66B (+0.8%)
17.45B
17.34B – 17.58B
+27.7% YoY
16.29B
14.10B – 17.80B
-6.6% YoY
20.55B
20.52B – 20.58B
+26.1% YoY
27.24B
22.44B – 30.43B
+32.5% YoY
38.68B
31.87B – 43.21B
+42.0% YoY
EBITDA
128.82M
est.
64.36M
est.
75.95M
est.
77.05M
est.
93.98M
est.
93.26M
est.
137.55M
est.
111.48M
est.
110.97M
est.
64.64M
est.
-371.00M
est: 101.57M (-465.3%)
4.29B
est: 81.24M (+5,185.8%)
5.35B
est: 89.36M (+5,887.0%)
3.09B
est: 3.63B (-15.0%)
5.98B
est: 9.29B (-35.7%)
11.86B
11.79B – 11.95B
+27.7% YoY
11.08B
9.58B – 12.10B
-6.6% YoY
13.97B
13.95B – 13.99B
+26.1% YoY
18.51B
15.26B – 20.68B
+32.5% YoY
26.29B
21.66B – 29.37B
+42.0% YoY
EBIT
107.24M
est.
42.29M
est.
43.12M
est.
36.45M
est.
44.18M
est.
32.39M
est.
61.94M
est.
44.46M
est.
11.63M
est.
10.47M
est.
-384.00M
est: -12.40M (-2,995.7%)
4.14B
est: -157.42M (+2,727.3%)
5.07B
est: -173.17M (+3,029.5%)
2.77B
est: 3.43B (-19.2%)
5.03B
est: 8.76B (-42.5%)
11.19B
11.12B – 11.27B
+27.7% YoY
10.45B
9.04B – 11.41B
-6.6% YoY
13.18B
13.16B – 13.20B
+26.1% YoY
17.46B
14.39B – 19.51B
+32.5% YoY
24.80B
20.44B – 27.70B
+42.0% YoY
Net Income
432.42M
est.
23.29M
est.
23.07M
est.
15.73M
est.
18.66M
est.
11.01M
est.
-40.07M
est.
22.39M
est.
-42.87M
est.
-26.50M
est.
-356.00M
est: -47.62M (-647.5%)
1.86B
est: -90.50M (+2,153.1%)
2.68B
est: -99.55M (+2,793.2%)
1.54B
est: 1.88B (-18.0%)
2.70B
est: 2.26B (+19.3%)
3.77B
2.54B – 4.25B
+66.9% YoY
2.29B
239.24M – 2.98B
-39.3% YoY
2.27B
576.67M – 3.25B
-0.9% YoY
3.81B
2.94B – 4.40B
+68.2% YoY
2.83B
2.18B – 3.26B
-25.7% YoY
SGA
408.57M
est.
301.80M
est.
432.65M
est.
399.51M
est.
410.66M
est.
408.00M
est.
477.61M
est.
474.35M
est.
670.90M
est.
882.27M
est.
89.00M
est: 785.09M (-88.7%)
191.00M
est: 1.02B (-81.4%)
224.00M
est: 1.13B (-80.1%)
312.00M
est: 1.23B (-74.7%)
433.00M
est: 3.15B (-86.2%)
4.02B
4.00B – 4.05B
+27.7% YoY
3.75B
3.25B – 4.10B
-6.6% YoY
4.74B
4.73B – 4.74B
+26.1% YoY
6.28B
5.17B – 7.01B
+32.5% YoY
8.91B
7.34B – 9.96B
+42.0% YoY
EPS
0.35
est.
0.18
est.
0.17
est.
0.13
est.
0.22
est.
0.20
est.
0.29
est.
0.27
est.
0.24
est.
0.17
est.
-0.15
est: 0.22 (-168.2%)
0.94
est: 0.28 (+235.7%)
1.14
est: 0.31 (+267.7%)
0.61
est: 0.74 (-17.8%)
0.93
est: 0.83 (+12.6%)
1.33
0.96 – 1.61
+60.8% YoY
0.62
0.09 – 1.13
-53.4% YoY
0.85
0.22 – 1.23
+37.8% YoY
1.45
1.12 – 1.67
+69.7% YoY
1.08
0.83 – 1.24
-25.7% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-07 Mizuho Neutral Neutral Maintain
2026-04-17 RBC Capital Outperform Outperform Maintain
2026-04-16 Scotiabank Sector Perform Sector Perform Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 A- 4/5 1/5 5/5 4/5 4/5 4/5 3/5
2026-05-08 A- 4/5 1/5 5/5 4/5 3/5 4/5 3/5
2026-05-07 A- 4/5 1/5 5/5 4/5 3/5 4/5 3/5
2026-05-06 A- 4/5 1/5 5/5 4/5 3/5 4/5 3/5
2026-05-05 A- 4/5 1/5 5/5 4/5 3/5 4/5 3/5
2026-05-04 A- 4/5 1/5 5/5 4/5 3/5 4/5 3/5
2026-05-01 A- 4/5 1/5 5/5 4/5 3/5 4/5 3/5
2026-04-30 A- 4/5 1/5 5/5 4/5 3/5 4/5 3/5
2026-04-29 B+ 3/5 1/5 5/5 5/5 2/5 3/5 3/5
2026-04-28 B+ 3/5 1/5 5/5 5/5 2/5 3/5 3/5
2026-04-27 B+ 3/5 1/5 5/5 5/5 2/5 3/5 3/5
2026-04-24 B+ 3/5 1/5 5/5 5/5 2/5 3/5 3/5
2026-04-23 B+ 3/5 1/5 5/5 5/5 1/5 3/5 3/5
2026-04-22 B+ 3/5 1/5 5/5 5/5 1/5 3/5 3/5
2026-04-21 B+ 3/5 1/5 5/5 5/5 1/5 3/5 3/5
2026-04-20 B+ 3/5 1/5 5/5 5/5 1/5 3/5 3/5
2026-04-17 B+ 3/5 1/5 5/5 5/5 1/5 3/5 3/5
2026-04-16 B+ 3/5 1/5 5/5 5/5 1/5 3/5 3/5
2026-04-15 B+ 3/5 1/5 5/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
23.37B
OE per share TTM
8.87
Owner's Yield
82.92%
Maintenance CapEx ratio
599.25%
Maint CapEx / Avg PPE
343.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
85
Total invested
104.65M
Insider transactions (90d)
3
Beneficial owners (>5%)
15
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 (1) BlackRock, Inc. 31.60M 12.50% 31.33M 31.60M HC Delaware 2022-03-11
2 2 19.93M 9.70% 18.46M IA Delaware 2015-02-11
3 EIN #00-0000000 16.03M 6.50% 16.03M 16.03M Jersey Channel Islands 2021-02-12
4 13-3127734 10.84M 5.07% 9.49M 10.84M HC Delaware 2016-02-12
5 26-0385758 10.84M 5.07% 9.49M 10.84M IA Delaware 2016-02-12
6 Greywolf Capital Management LP 8.81M 5.60% 8.81M PN Delaware 2007-05-18
7 Greywolf GP LLC 8.81M 5.60% 8.81M OO Delaware 2007-05-18
8 Jonathan Savitz 8.81M 5.60% 8.81M IN United States 2007-05-18
9 Greywolf Capital Overseas Fund 6.23M 4.00% 6.23M OO Cayman Islands 2007-05-18
10 Greywolf Advisors LLC 2.52M 1.60% 2.52M OO Delaware 2007-05-18
11 Greywolf Capital Partners II LP 2.52M 1.60% 2.52M PN Delaware 2007-05-18
12 Greywolf High Yield Master Fund 50.0K 0.00% 50.0K OO Cayman Islands 2007-05-18
13 Israel A. Englander 0.00% IN 2022-07-26
14 Millennium Group Management LLC 0.00% OO 2022-07-26
15 Millennium Management LLC 0.00% OO 2022-07-26

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
85
-167 vs prev Q
New positions
35
Closed positions
183
Increased
59
Reduced
10
Put/Call ratio
0.86
Calls held
96.0K
Puts held
82.6K
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 ALLIANZ ASSET MANAGEMENT GMBH 354.68M +— (+0.0%) 2.42B -2.6B (-51.9%) 14.58% -0.060 pp 2.45% -3.174 pp USD10.30 -33.8% 4 qtrs
2 VANGUARD GROUP INC 22.27M -591.6K (-2.6%) 151.89M -172.5M (-53.2%) 0.92% -0.028 pp 0.00% -0.003 pp USD12.62 -46.0% 4 qtrs
3 STATE STREET CORP 10.81M +4.9M (+82.7%) 73.74M -10.2M (-12.2%) 0.44% +0.200 pp 0.00% 0.000 pp USD10.85 -37.1% 4 qtrs
4 BLACKROCK, INC. 8.69M +728.1K (+9.1%) 59.29M -53.7M (-47.5%) 0.36% +0.029 pp 0.00% -0.001 pp USD12.87 -47.0% 4 qtrs
5 NOMURA HOLDINGS INC 6.64M +6.3M (+1,885.7%) 45.26M +40.5M (+854.4%) 0.27% +0.259 pp 0.06% +0.053 pp USD7.00 -2.6% 4 qtrs
6 UBS GROUP AG 6.28M +5.3M (+520.8%) 42.83M +28.5M (+198.4%) 0.26% +0.216 pp 0.01% +0.005 pp USD7.90 -13.7% 4 qtrs
7 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 5.41M +740.0K (+15.8%) 36.91M -29.4M (-44.3%) 0.22% +0.030 pp 0.06% -0.051 pp USD14.38 -52.6% 3 qtrs
8 GEODE CAPITAL MANAGEMENT, LLC 5.10M +273.3K (+5.7%) 34.81M -33.7M (-49.2%) 0.21% +0.010 pp 0.00% -0.002 pp USD13.22 -48.4% 4 qtrs
9 COHEN & STEERS, INC. 4.96M +219.5K (+4.6%) 33.85M -33.5M (-49.7%) 0.20% +0.008 pp 0.06% -0.060 pp USD10.15 -32.8% 4 qtrs
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 4.34M +225.9K (+5.5%) 29.61M -28.8M (-49.3%) 0.18% +0.009 pp 0.00% -0.005 pp USD13.27 -48.6% 4 qtrs
11 SUSQUEHANNA INTERNATIONAL GROUP, LLP 3.88M +2.5M (+174.4%) 26.46M +6.4M (+31.9%) 0.16% +0.101 pp 0.00% +0.001 pp USD9.38 -27.3% 4 qtrs
12 MILLENNIUM MANAGEMENT LLC 3.25M +2.3M (+258.1%) 22.15M +9.3M (+72.1%) 0.13% +0.096 pp 0.01% +0.004 pp USD8.27 -17.5% 4 qtrs
13 CATALYST CAPITAL ADVISORS LLC 2.87M +995.7K (+53.1%) 19.58M -7.0M (-26.4%) 0.12% +0.041 pp 0.40% -0.134 pp USD9.92 -31.3% 4 qtrs
14 LUMINUS MANAGEMENT LLC 2.70M +2.7M (+100.0%) 18.41M +18.4M (+100.0%) 0.11% +0.111 pp 16.12% +16.125 pp USD6.82 +0.0% 4 qtrs
15 POINT72 ASSET MANAGEMENT, L.P. 2.64M +1.9M (+279.4%) 18.00M +8.1M (+82.4%) 0.11% +0.080 pp 0.02% +0.004 pp USD8.76 -22.1% 2 qtrs
16 BARCLAYS PLC 2.39M +699.3K (+41.4%) 16.30M -7.7M (-32.1%) 0.10% +0.029 pp 0.00% -0.002 pp USD13.02 -47.6% 3 qtrs
17 READYSTATE ASSET MANAGEMENT LP 2.22M +1.7M (+299.3%) 15.12M +7.2M (+91.9%) 0.09% +0.068 pp 0.61% +0.277 pp USD8.39 -18.7% 4 qtrs
18 APOLLO MANAGEMENT HOLDINGS, L.P. 2.16M +2.2M (+100.0%) 14.75M +14.7M (+100.0%) 0.09% +0.089 pp 0.12% +0.121 pp USD6.82 +0.0% 1 qtrs NEW
19 YAUPON CAPITAL MANAGEMENT LP 2.03M -3.0M (-59.9%) 13.84M -58.0M (-80.8%) 0.08% -0.126 pp 0.50% -2.250 pp USD14.29 -52.3% 4 qtrs
20 MORGAN STANLEY 1.83M -2.5M (-57.8%) 12.47M -49.1M (-79.7%) 0.08% -0.104 pp 0.00% -0.003 pp USD14.20 -52.0% 4 qtrs
21 BANK OF AMERICA CORP /DE/ 1.77M +379.5K (+27.3%) 12.08M -7.7M (-38.8%) 0.07% +0.015 pp 0.00% -0.001 pp USD9.55 -28.6% 4 qtrs
22 CENTIVA CAPITAL, LP 1.73M +1.7M (+100.0%) 11.83M +11.8M (+100.0%) 0.07% +0.071 pp 0.10% +0.096 pp USD6.82 +0.0% 1 qtrs NEW
23 GOLDMAN SACHS GROUP INC 1.71M +223.7K (+15.0%) 11.67M -9.4M (-44.7%) 0.07% +0.009 pp 0.00% -0.001 pp USD12.04 -43.4% 4 qtrs
24 FMR LLC 1.70M +1.7M (+658,049.8%) 11.63M +11.6M (+316,324.2%) 0.07% +0.070 pp 0.00% +0.001 pp USD6.82 +0.0% 4 qtrs
25 WEISS ASSET MANAGEMENT LP 1.62M +1.6M (+100.0%) 11.03M +11.0M (+100.0%) 0.07% +0.067 pp 0.15% +0.154 pp USD6.82 +0.0% 1 qtrs NEW
26 CITADEL ADVISORS LLC 1.51M +875.0K (+137.0%) 10.32M +1.3M (+13.9%) 0.06% +0.036 pp 0.00% +0.000 pp USD8.65 -21.2% 4 qtrs
27 TREXQUANT INVESTMENT LP 1.24M +911.1K (+280.8%) 8.43M +3.8M (+83.0%) 0.05% +0.037 pp 0.08% +0.028 pp USD8.76 -22.1% 2 qtrs
28 TUDOR INVESTMENT CORP ET AL 1.14M +1.1M (+7,236.1%) 7.76M +7.5M (+3,425.9%) 0.05% +0.046 pp 0.01% +0.014 pp USD6.92 -1.4% 2 qtrs
29 ARISTEIA CAPITAL LLC 1.10M +463.7K (+73.0%) 7.49M -1.5M (-16.8%) 0.05% +0.019 pp 0.16% -0.048 pp USD11.08 -38.4% 2 qtrs
30 BANK OF NEW YORK MELLON CORP 1.09M +839.7K (+332.1%) 7.45M +3.9M (+107.7%) 0.04% +0.035 pp 0.00% +0.001 pp USD7.63 -10.6% 4 qtrs
31 ALPS ADVISORS INC 1.07M +129.2K (+13.7%) 7.33M -6.1M (-45.4%) 0.04% +0.005 pp 0.04% -0.032 pp USD13.30 -48.7% 2 qtrs
32 NORTHERN TRUST CORP 1.04M +125.8K (+13.8%) 7.07M -5.9M (-45.3%) 0.04% +0.005 pp 0.00% -0.001 pp USD12.69 -46.3% 4 qtrs
33 CITIGROUP INC 1.03M +1.0M (+100.0%) 7.06M +7.1M (+100.0%) 0.04% +0.043 pp 0.00% +0.003 pp USD6.82 +0.0% 1 qtrs NEW
34 RENAISSANCE TECHNOLOGIES LLC 1.00M +95.9K (+10.6%) 6.82M -6.0M (-46.8%) 0.04% +0.004 pp 0.01% -0.006 pp USD13.74 -50.4% 4 qtrs
35 JANE STREET GROUP, LLC 972.6K +702.5K (+260.1%) 6.63M +2.8M (+73.1%) 0.04% +0.029 pp 0.00% +0.000 pp USD9.17 -25.6% 4 qtrs
36 GROUP ONE TRADING, L.P. 829.4K +588.1K (+243.7%) 5.66M +2.2M (+65.2%) 0.03% +0.024 pp 0.01% +0.004 pp USD8.57 -20.4% 4 qtrs
37 TWO SIGMA ADVISERS, LP 804.8K -194.0K (-19.4%) 5.49M -8.7M (-61.3%) 0.03% -0.008 pp 0.01% -0.018 pp USD14.19 -51.9% 2 qtrs
38 RAFFERTY ASSET MANAGEMENT, LLC 745.4K +433.0K (+138.6%) 5.08M +650.3K (+14.7%) 0.03% +0.018 pp 0.02% +0.003 pp USD10.04 -32.1% 3 qtrs
39 PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. 710.0K +710.0K (+100.0%) 4.84M +4.8M (+100.0%) 0.03% +0.029 pp 0.45% +0.450 pp USD6.82 +0.0% 1 qtrs NEW
40 HRT FINANCIAL LP 687.8K +687.8K (+100.0%) 4.69M +4.7M (+100.0%) 0.03% +0.028 pp 0.01% +0.015 pp USD6.82 +0.0% 3 qtrs
41 WESTWOOD HOLDINGS GROUP INC 669.2K +197.9K (+42.0%) 4.56M -2.1M (-31.8%) 0.03% +0.008 pp 0.04% -0.011 pp USD12.01 -43.2% 2 qtrs
42 RIPPLE EFFECT ASSET MANAGEMENT LP 625.0K +625.0K (+100.0%) 4.26M +4.3M (+100.0%) 0.03% +0.026 pp 1.22% +1.221 pp USD6.82 +0.0% 1 qtrs NEW
43 STIFEL FINANCIAL CORP 607.0K -88.0K (-12.7%) 4.14M -5.7M (-58.0%) 0.02% -0.004 pp 0.00% -0.005 pp USD12.78 -46.6% 4 qtrs
44 RAYMOND JAMES FINANCIAL INC 509.5K -69.8K (-12.1%) 3.47M -4.7M (-57.7%) 0.02% -0.003 pp 0.00% -0.002 pp USD12.59 -45.8% 4 qtrs
45 JUMP FINANCIAL, LLC 486.1K +417.0K (+603.5%) 3.32M +2.3M (+238.1%) 0.02% +0.017 pp 0.04% +0.029 pp USD8.03 -15.1% 3 qtrs
46 MATHER GROUP, LLC. 460.0K +16.0 (+0.0%) 3.14M -3.4M (-51.9%) 0.02% 0.000 pp 0.03% -0.034 pp USD14.19 -51.9% 4 qtrs
47 VERITION FUND MANAGEMENT LLC 450.2K -529.0K (-54.0%) 3.07M -10.8M (-77.9%) 0.02% -0.022 pp 0.01% -0.045 pp USD11.84 -42.4% 4 qtrs
48 NATIONAL BANK OF CANADA /FI/ 421.0K +416.9K (+10,243.4%) 2.87M +2.8M (+4,871.3%) 0.02% +0.017 pp 0.00% +0.003 pp USD6.90 -1.2% 3 qtrs
49 EXCHANGE TRADED CONCEPTS, LLC 411.2K -151.6K (-26.9%) 2.80M -5.2M (-64.9%) 0.02% -0.006 pp 0.02% -0.047 pp USD13.42 -49.2% 4 qtrs
50 LPL FINANCIAL LLC 402.0K -856.9K (-68.1%) 2.74M -15.1M (-84.7%) 0.02% -0.035 pp 0.00% -0.005 pp USD13.14 -48.1% 4 qtrs
51 VICTORY CAPITAL MANAGEMENT INC 334.8K +143.1K (+74.7%) 2.28M -436.5K (-16.0%) 0.01% +0.006 pp 0.00% 0.000 pp USD11.26 -39.4% 3 qtrs
52 SCULPTOR CAPITAL LP 325.3K +125.3K (+62.6%) 2.22M -619.5K (-21.8%) 0.01% +0.005 pp 0.02% -0.011 pp USD11.35 -39.9% 4 qtrs
53 AUSBIL INVESTMENT MANAGEMENT LTD 319.7K +— (+0.0%) 2.18M -2.5M (-53.7%) 0.01% 0.000 pp 1.24% -1.271 pp USD14.19 -51.9% 2 qtrs
54 TWO SIGMA INVESTMENTS, LP 306.8K -563.8K (-64.8%) 2.09M -10.3M (-83.1%) 0.01% -0.023 pp 0.00% -0.015 pp USD14.05 -51.5% 4 qtrs
55 PACER ADVISORS, INC. 263.8K +91.5K (+53.1%) 1.80M -645.5K (-26.4%) 0.01% +0.004 pp 0.00% -0.002 pp USD10.18 -33.0% 4 qtrs
56 QUOTIENT WEALTH PARTNERS, LLC 258.3K +1.7K (+0.6%) 1.76M -1.9M (-51.6%) 0.01% +0.000 pp 0.05% -0.053 pp USD14.14 -51.8% 2 qtrs
57 AVENTAIL CAPITAL GROUP, LP 219.6K -46.9K (-17.6%) 1.50M -2.3M (-60.4%) 0.01% -0.002 pp 0.09% -0.089 pp USD15.58 -56.2% 3 qtrs
58 RUSSELL INVESTMENTS GROUP, LTD. 212.6K -149.8K (-41.3%) 1.45M -3.7M (-71.8%) 0.01% -0.006 pp 0.00% -0.004 pp USD12.30 -44.6% 4 qtrs
59 GABELLI FUNDS LLC 202.0K -100.0K (-33.1%) 1.38M -2.9M (-67.9%) 0.01% -0.004 pp 0.01% -0.020 pp USD10.95 -37.7% 4 qtrs
60 AQUATIC CAPITAL MANAGEMENT LLC 200.1K +200.1K (+100.0%) 1.36M +1.4M (+100.0%) 0.01% +0.008 pp 0.04% +0.039 pp USD6.82 +0.0% 1 qtrs NEW
61 SEI INVESTMENTS CO 186.5K -80.3K (-30.1%) 1.27M -2.5M (-66.4%) 0.01% -0.003 pp 0.00% -0.003 pp USD10.30 -33.8% 4 qtrs
62 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 184.9K +184.9K (+100.0%) 1.26M +1.3M (+100.0%) 0.01% +0.008 pp 0.01% +0.007 pp USD6.82 +0.0% 1 qtrs NEW
63 ADVANCED PORTFOLIO MANAGEMENT, LLC 180.0K +180.0K (+100.0%) 1.23M +1.2M (+100.0%) 0.01% +0.007 pp 3.75% +3.748 pp USD6.82 +0.0% 1 qtrs NEW
64 ARKADIOS WEALTH ADVISORS 178.5K +138.6K (+347.3%) 1.22M +651.3K (+115.0%) 0.01% +0.006 pp 0.02% +0.010 pp USD8.14 -16.2% 4 qtrs
65 PRICE T ROWE ASSOCIATES INC /MD/ 171.2K +26.3K (+18.2%) 1.17M -888.0K (-43.2%) 0.01% +0.001 pp 0.00% 0.000 pp USD13.06 -47.8% 2 qtrs
66 CETERA INVESTMENT ADVISERS 169.2K +29.5K (+21.2%) 1.15M -827.8K (-41.8%) 0.01% +0.001 pp 0.00% -0.001 pp USD12.21 -44.1% 4 qtrs
67 VIKING FUND MANAGEMENT LLC 150.0K +10.0K (+7.1%) 1.02M -963.6K (-48.5%) 0.01% +0.000 pp 0.12% -0.122 pp USD13.70 -50.2% 2 qtrs
68 QUINN OPPORTUNITY PARTNERS LLC 150.0K +150.0K (+100.0%) 1.02M +1.0M (+100.0%) 0.01% +0.006 pp 0.04% +0.043 pp USD6.82 +0.0% 1 qtrs NEW
69 JEFFERIES FINANCIAL GROUP INC. 144.2K +144.2K (+100.0%) 983.4K +983.4K (+100.0%) 0.01% +0.006 pp 0.01% +0.005 pp USD6.82 +0.0% 1 qtrs NEW
70 BNP PARIBAS ARBITRAGE, SNC 140.9K +140.9K (+100.0%) 960.6K +960.6K (+100.0%) 0.01% +0.006 pp 0.00% +0.000 pp USD6.82 +0.0% 1 qtrs NEW
71 DAIWA SECURITIES GROUP INC. 139.4K +139.4K (+100.0%) 951.0K +951.0K (+100.0%) 0.01% +0.006 pp 0.00% +0.003 pp USD6.82 +0.0% 1 qtrs NEW
72 GF FUND MANAGEMENT CO. LTD. 139.4K +119.8K (+611.7%) 950.8K +672.8K (+242.1%) 0.01% +0.005 pp 0.02% +0.011 pp USD7.86 -13.2% 2 qtrs
73 DARK FOREST CAPITAL MANAGEMENT LP 128.0K -100.1K (-43.9%) 873.1K -2.4M (-73.0%) 0.01% -0.004 pp 0.04% -0.057 pp USD14.73 -53.7% 3 qtrs
74 PROSPERA FINANCIAL SERVICES INC 126.0K +75.2K (+148.0%) 859.0K +138.2K (+19.2%) 0.01% +0.003 pp 0.01% +0.002 pp USD10.09 -32.4% 3 qtrs
75 CAPITAL FUND MANAGEMENT S.A. 124.3K +124.3K (+100.0%) 847.7K +847.7K (+100.0%) 0.01% +0.005 pp 0.00% +0.002 pp USD6.82 +0.0% 1 qtrs NEW
76 MANUFACTURERS LIFE INSURANCE COMPANY, THE 123.0K +5.1K (+4.4%) 839.0K -833.6K (-49.8%) 0.01% +0.000 pp 0.00% -0.001 pp USD13.48 -49.4% 4 qtrs
77 SG AMERICAS SECURITIES, LLC 122.8K +109.6K (+828.3%) 838.0K +650.0K (+345.7%) 0.01% +0.005 pp 0.00% +0.000 pp USD7.76 -12.1% 3 qtrs
78 WALLEYE CAPITAL LLC 122.0K +111.1K (+1,019.3%) 832.0K +677.4K (+437.9%) 0.01% +0.005 pp 0.00% +0.002 pp USD7.48 -8.8% 2 qtrs
79 VIDENT ADVISORY, LLC 121.6K +62.0K (+104.1%) 829.2K -16.0K (-1.9%) 0.01% +0.003 pp 0.01% -0.001 pp USD10.43 -34.6% 2 qtrs
80 ORG WEALTH PARTNERS, LLC 113.1K +31.5K (+38.6%) 771.6K -386.9K (-33.4%) 0.00% +0.001 pp 0.18% -0.065 pp USD12.77 -46.6% 4 qtrs
81 JONES FINANCIAL COMPANIES LLLP 109.1K +42.0K (+62.5%) 744.2K -251.9K (-25.3%) 0.00% +0.002 pp 0.00% 0.000 pp USD11.41 -40.2% 4 qtrs
82 WALLEYE TRADING LLC 104.5K +19.9K (+23.5%) 712.7K -487.8K (-40.6%) 0.00% +0.001 pp 0.00% -0.001 pp USD13.34 -48.9% 4 qtrs
83 KINGSTONE CAPITAL PARTNERS TEXAS, LLC 102.8K +3.4K (+3.4%) 701.0K -709.0K (-50.3%) 0.00% +0.000 pp 0.41% -0.408 pp USD13.95 -51.1% 2 qtrs
84 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 101.9K +100.2K (+5,892.0%) 694.7K +670.6K (+2,779.9%) 0.00% +0.004 pp 0.00% +0.000 pp USD6.97 -2.2% 3 qtrs
85 J. GOLDMAN & CO LP 100.8K +100.8K (+100.0%) 687.5K +687.5K (+100.0%) 0.00% +0.004 pp 0.02% +0.018 pp USD6.82 +0.0% 1 qtrs NEW
86 DLD ASSET MANAGEMENT, LP 100.0K +100.0K (+100.0%) 682.5K +682.5K (+100.0%) 0.00% +0.004 pp 0.05% +0.051 pp USD6.82 +0.0% 1 qtrs NEW
87 D. E. SHAW & CO., INC. 100.0K +100.0K (+100.0%) 682.0K +682.0K (+100.0%) 0.00% +0.004 pp 0.00% +0.000 pp USD6.82 +0.0% 1 qtrs NEW
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.38
Bearish
Ratio by volume
0.29
Bearish
Buys
3
Sells
8
Shares acquired
777.8K
Shares disposed
2.67M
Cash buys
Cash sales
4.00
Net activity
-1,888,891
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-04-21 Thayer Jonathan W Officer M-Exempt D Stock Options 111,111 1.16 128.9K 19,157,212 D
2026-04-20 Thayer Jonathan W Officer M-Exempt D Stock Options 111,112 1.16 128.9K 19,268,323 D
2026-04-16 Larson Keith D Officer M-Exempt A Class A Common Stock 555,556 0.79 438.9K 555,556 D
2026-04-15 Larson Keith D Officer S-Sale D Class A Common Stock 555,556 12.38 6.88M 0 D
2026-03-19 Thayer Jonathan W Officer S-Sale D Class A Common Stock 49,612 14.47 718.0K 2,561,499 D
2026-03-19 Larson Keith D Officer S-Sale D Class A Common Stock 3,206,138 15.55 49.85M 0 D
2026-03-19 Blake Sarah Officer S-Sale D Class A Common Stock 200,000 16.00 3.20M 0 D
2026-03-18 Thayer Jonathan W Officer S-Sale D Class A Common Stock 536,514 14.09 7.56M 2,900 D
2026-03-18 Musser Fory Officer A-Award A Stock Options 500,000 12.97 6.49M 500,000 D
2026-03-18 Larson Keith D Officer S-Sale D Class A Common Stock 1,793,862 15.02 26.94M 0 D
2026-03-18 Cothran Brian Officer A-Award A Stock Options 500,000 12.97 6.49M 500,000 D
2026-03-18 Blake Sarah Officer A-Award A Stock Options 500,000 12.97 6.49M 500,000 D
2026-03-12 Blake Sarah Officer S-Sale D Class A Common Stock 119,300 13.01 1.55M 0 D
2026-03-09 Earl Thomas Officer S-Sale D Class A Common Stock 1,000,000 11.83 11.83M 0 D
2026-03-09 Blake Sarah Officer M-Exempt A Class A Common Stock 30,700 1.55 47.6K 30,700 D
2026-03-05 Blake Sarah Officer S-Sale D Class A Common Stock 147,100 12.12 1.78M 2,900 D
2026-03-04 Musser Fory Officer S-Sale D Class A Common Stock 1,000,000 10.90 10.90M 0 D
2025-12-05 Earl Thomas Officer M-Exempt D Stock Options 1,000,000 0.79 790.0K 6,540,663 D
2025-11-25 Pender Robert B Director / Officer / 10% Owner G-Gift A Class A Common Stock 360,000 0.00 360,000 I
2025-11-20 Musser Fory Officer M-Exempt A Class A Common Stock 42,901 0.79 33.9K 42,901 D
2025-11-19 Musser Fory Officer M-Exempt D Stock Options 188,337 0.79 148.8K 2,563,232 D
2025-11-18 Musser Fory Officer S-Sale D Class A Common Stock 768,762 8.01 6.16M 0 D
2025-11-17 Musser Fory Officer M-Exempt D Stock Options 776,298 0.79 613.3K 3,520,331 D
2025-11-14 Musser Fory Officer M-Exempt D Stock Options 223,702 0.79 176.7K 4,296,629 D
2025-11-14 Larson Keith D Officer M-Exempt D Stock Options 261,144 0.79 206.3K 12,589,287 D
2025-11-13 Larson Keith D Officer M-Exempt D Stock Options 221,555 0.79 175.0K 12,850,431 D
2025-09-15 Earl Thomas Officer S-Sale D Class A Common Stock 500,000 13.69 6.85M 0 D
2025-09-12 Earl Thomas Officer M-Exempt A Class A Common Stock 159,924 0.79 126.3K 159,924 D
2025-09-11 Earl Thomas Officer M-Exempt A Class A Common Stock 840,076 0.79 663.7K 840,076 D
2025-08-22 Larson Keith D Officer M-Exempt D Stock Options 394,864 0.79 311.9K 13,071,986 D
2025-08-21 Larson Keith D Officer S-Sale D Class A Common Stock 94,145 13.01 1.22M 0 D
2025-06-30 Pender Robert B Director / Officer / 10% Owner P-Purchase A Class A Common Stock 1,226 15.95 19.6K 1,187,111 D
2025-05-22 STATON JIMMY D Director A-Award A Stock Options 41,237 10.40 428.9K 41,237 D
2025-05-22 Reid Thomas J. Director A-Award A Stock Options 41,237 10.40 428.9K 41,237 D
2025-05-22 Orekar Andrew J. Director A-Award A Stock Options 41,237 10.40 428.9K 41,237 D
2025-05-22 Granat Sari Beth Director A-Award A Stock Options 41,237 10.40 428.9K 41,237 D
2025-05-22 Christie Roderick Director A-Award A Stock Options 41,237 10.40 428.9K 41,237 D
2022-07-21 WARD JR STEPHEN M Director D-Return D Common Stock 4,312 21.00 90.6K 0
2022-07-21 Tzuo Tien Director D-Return D Common Stock 8,356 21.00 175.5K 0
2022-07-21 READ RORY P Director / Officer D-Return D Common Stock 929,543 21.00 19.52M 0
2022-07-21 McConnell Michael J Director D-Return D Common Stock 13,828 21.00 290.4K 0
2022-07-21 Lasher Stephen Andrew Officer D-Return D Common Stock 413,509 21.00 8.68M 0
2022-07-21 LEVI DAVID Officer D-Return D Common Stock 80,193 21.00 1.68M 0
2022-07-21 LALA VINOD Officer D-Return D Common Stock 83,156 21.00 1.75M 0
2022-07-21 KATZ CAROLYN Director M-Exempt D Employee Stock Option (Right to Buy) 150,000 4.73 709.5K 0
2022-07-21 Corso Joy Officer D-Return D Common Stock 256,984 21.00 5.40M 0
2022-07-21 Bellissimo Joseph Anthony Officer D-Return D Common Stock 302,584 21.00 6.35M 0
2022-03-18 LALA VINOD Officer S-Sale D Common Stock 71,543 20.12 1.44M 83,156
2022-03-15 LALA VINOD Officer F-InKind D Common Stock 4,124 20.11 82.9K 167,735
2022-03-14 LEVI DAVID Officer S-Sale D Common Stock 15,200 20.12 305.8K 80,193
2022-03-09 READ RORY P Director / Officer S-Sale D Common Stock 44,900 19.99 897.6K 929,543
2022-03-03 McConnell Michael J Director S-Sale D Common Stock 13,439 19.99 268.6K 13,828
2022-03-03 Corso Joy Officer S-Sale D Common Stock 11,470 19.99 229.3K 256,984
2022-03-02 READ RORY P Director / Officer S-Sale D Common Stock 75,000 19.99 1.50M 974,443
2022-03-01 READ RORY P Director / Officer S-Sale D Common Stock 125,000 20.38 2.55M 1,049,443
2022-03-01 McConnell Michael J Director S-Sale D Common Stock 15,000 20.36 305.4K 27,267
2022-02-28 READ RORY P Director / Officer S-Sale D Common Stock 50,000 20.35 1.02M 1,174,443
2022-02-07 LEVI DAVID Officer A-Award A Common Stock 2,472 0.00 96,421
2022-02-07 LALA VINOD Officer F-InKind D Common Stock 25,019 20.85 521.6K 171,859
2022-02-01 Lasher Stephen Andrew Officer F-InKind D Common Stock 31,722 20.87 662.0K 413,509
2022-02-01 Bellissimo Joseph Anthony Officer F-InKind D Common Stock 6,373 20.87 133.0K 333,891
2021-12-30 READ RORY P Director / Officer F-InKind D Common Stock 68,207 20.65 1.41M 1,224,443
2021-12-30 LEVI DAVID Officer F-InKind D Common Stock 1,676 20.65 34.6K 93,949
2021-12-30 Corso Joy Officer F-InKind D Common Stock 4,363 20.65 90.1K 288,872
2021-11-08 Lasher Stephen L Officer A-Award A Common Stock 155,666 0.00 458,123
2021-11-08 Lasher Stephen Andrew Officer A-Award A Common Stock 155,666 0.00 458,123
2021-11-08 Corso Joy Officer A-Award A Common Stock 155,666 0.00 230,722
2021-11-01 LEVI DAVID Officer A-Award A Common Stock 9,422 0.00 95,286
2021-10-01 WARD JR STEPHEN M Director A-Award A Common Stock 1,753 0.00 4,312
2021-10-01 Tzuo Tien Director A-Award A Common Stock 1,753 0.00 8,356
2021-10-01 McConnell Michael J Director A-Award A Common Stock 1,753 0.00 42,267
2021-10-01 KATZ CAROLYN Director A-Award A Common Stock 1,753 0.00 121,074
2021-10-01 FISHER STEPHEN Director A-Award A Common Stock 1,753 0.00 56,998
2021-09-13 LALA VINOD Officer S-Sale D Common Stock 43,109 16.25 700.5K 140,934
2021-08-03 Corso Joy Officer F-InKind D Common Stock 2,110 14.48 30.6K 76,639
2021-07-01 Tzuo Tien Director A-Award A Common Stock 1,990 0.00 6,603
2021-07-01 READ RORY P Director / Officer F-InKind D Common Stock 147,834 14.40 2.13M 1,341,729
2021-07-01 McConnell Michael J Director A-Award A Common Stock 1,990 0.00 40,514
2021-07-01 KATZ CAROLYN Director A-Award A Common Stock 1,990 0.00 119,321
2021-07-01 FISHER STEPHEN Director A-Award A Common Stock 1,990 0.00 55,245
2021-06-23 WARD JR STEPHEN M Director D Common Stock 0 0.00 2,559
2021-04-01 Tzuo Tien Director A-Award A Common Stock 2,381 0.00 4,613
2021-04-01 Steele Gary Director A-Award A Common Stock 2,381 0.00 60,503
2021-04-01 McConnell Michael J Director A-Award A Common Stock 2,381 0.00 38,524
2021-04-01 KATZ CAROLYN Director A-Award A Common Stock 2,381 0.00 117,331
2021-04-01 FISHER STEPHEN Director A-Award A Common Stock 2,381 0.00 53,255
2021-03-15 READ RORY P Director / Officer F-InKind D Common Stock 65,242 12.25 799.2K 1,489,563
2021-03-15 LEVI DAVID Officer F-InKind D Common Stock 2,233 12.25 27.4K 85,864
2021-03-15 LALA VINOD Officer M-Exempt D Restricted Stock Unit 11,737 0.00 0
2021-03-15 Corso Joy Officer A-Award A Common Stock 33,258 0.00 78,749
2021-03-15 Cardenuto Rodolpho C Officer A-Award A Common Stock 54,422 0.00 139,204
2021-02-10 LEVI DAVID Officer F-InKind D Common Stock 5,143 14.75 75.9K 76,981
2021-02-10 LALA VINOD Officer A-Award A Common Stock 30,320 0.00 186,321
2021-02-01 Lasher Stephen L Officer A-Award A Common Stock 302,457 0.00 302,457
2021-02-01 Bellissimo Joseph Anthony Officer A-Award A Common Stock 340,264 0.00 340,264
2021-01-29 Lasher Stephen L Officer 0 0.00 0
2021-01-19 Bellissimo Joseph Anthony Officer 0 0.00 0
2021-01-04 Cardenuto Rodolpho C Officer F-InKind D Common Stock 12,253 12.60 154.4K 84,782
2021-01-01 Tzuo Tien Director A-Award A Common Stock 2,232 0.00 2,232
2021-01-01 Steele Gary Director A-Award A Common Stock 2,232 0.00 58,122
2021-01-01 McConnell Michael J Director A-Award A Common Stock 2,232 0.00 36,143
2021-01-01 KATZ CAROLYN Director A-Award A Common Stock 2,232 0.00 114,950
2021-01-01 FISHER STEPHEN Director A-Award A Common Stock 2,232 0.00 50,874
2020-12-01 LALA VINOD Officer M-Exempt D Employee Stock Option (Right to Buy) 37,500 3.76 141.0K 0
2020-10-01 Steele Gary Director A-Award A Common Stock 2,838 0.00 55,890
2020-10-01 McConnell Michael J Director A-Award A Common Stock 2,838 0.00 33,911
2020-10-01 KATZ CAROLYN Director A-Award A Common Stock 2,838 0.00 112,718
2020-10-01 FISHER STEPHEN Director A-Award A Common Stock 2,838 0.00 48,642
2020-08-26 READ RORY P Director / Officer P-Purchase A Common Stock 17,870 11.29 201.8K 1,554,805
2020-08-17 Shaughnessy Timothy S Officer 0 0.00 0
2020-08-14 READ RORY P Director / Officer P-Purchase A Common Stock 10,335 11.83 122.3K 1,536,935
2020-08-04 PEARSON DAVID T. Officer S-Sale D Common Stock 308,919 12.25 3.78M 133,180
2020-08-03 Corso Joy Officer A-Award A Common Stock 45,491 0.00 45,491
2020-07-31 Dave Rishi Officer 0 0.00 0
2020-07-31 Corso Joy Officer 0 0.00 0
2020-07-22 LALA VINOD Officer S-Sale D Common Stock 28,449 11.90 338.5K 156,001
2020-07-10 Tzuo Tien Director 0 0.00 0
2020-07-01 Steele Gary Director A-Award A Common Stock 2,846 0.00 53,052
2020-07-01 READ RORY P Director / Officer A-Award A Common Stock 1,520,000 0.00 1,520,000
2020-07-01 McConnell Michael J Director A-Award A Common Stock 2,846 0.00 31,073
2020-07-01 KATZ CAROLYN Director A-Award A Common Stock 2,846 0.00 109,880
2020-07-01 FISHER STEPHEN Director A-Award A Common Stock 2,846 0.00 45,794
2020-06-30 MASAREK ALAN Director / Officer D-Return D Restricted Stock Unit 75,118 0.00 0
2020-06-03 CHOPRA NAVEEN K. Director 0 0.00 0
2020-06-02 PEARSON DAVID T. Officer S-Sale D Common Stock 211,056 9.78 2.06M 442,099
2020-05-13 PATEL JAYESH Officer S-Sale D Common Stock 6,000 9.12 54.7K 124,391
2020-05-01 LEVI DAVID Officer M-Exempt A Common Stock 12,513 0.00 73,510
2020-04-01 Steele Gary Director A-Award A Common Stock 4,265 0.00 50,206
2020-04-01 McConnell Michael J Director A-Award A Common Stock 4,265 0.00 28,227
2020-04-01 KATZ CAROLYN Director A-Award A Common Stock 4,265 0.00 107,034
2020-04-01 FISHER STEPHEN Director A-Award A Common Stock 4,265 0.00 42,958
2020-04-01 CHOPRA NAVEEN K. Director A-Award A Common Stock 4,265 0.00 90,348
2020-03-15 PEARSON DAVID T. Officer F-InKind D Common Stock 27,997 6.52 182.5K 656,603
2020-03-15 PATEL JAYESH Officer A-Award A Common Stock 36,488 0.00 130,391
2020-03-15 MASAREK ALAN Director / Officer M-Exempt A Common Stock 139,573 0.00 854,619
2020-03-15 LEVI DAVID Officer A-Award A Common Stock 14,253 0.00 60,997
2020-03-15 LALA VINOD Officer F-InKind D Common Stock 4,243 6.52 27.7K 124,272
2020-03-15 Dave Rishi Officer A-Award A Common Stock 36,488 0.00 61,598
2020-02-14 PEARSON DAVID T. Officer A-Award A Common Stock 450,000 0.00 860,040
2020-02-11 PEARSON DAVID T. Officer F-InKind D Common Stock 60,556 9.14 553.5K 410,040
2020-02-11 MASAREK ALAN Director / Officer F-InKind D Common Stock 195,365 9.14 1.79M 715,046
2020-02-11 LALA VINOD Officer A-Award A Common Stock 56,118 0.00 124,527
2020-01-06 PATEL JAYESH Officer D Common Stock 0 0.00 100,205
2020-01-02 Cardenuto Rodolpho C Officer A-Award A Common Stock 97,035 0.00 97,035
2020-01-01 Steele Gary Director A-Award A Common Stock 3,879 0.00 45,941
2020-01-01 McConnell Michael J Director A-Award A Common Stock 3,879 0.00 23,962
2020-01-01 KATZ CAROLYN Director A-Award A Common Stock 3,879 0.00 102,769
2020-01-01 FISHER STEPHEN Director A-Award A Common Stock 3,879 0.00 38,693
2020-01-01 CHOPRA NAVEEN K. Director A-Award A Common Stock 3,879 0.00 86,083
2019-12-09 Cardenuto Rodolpho C Officer 0 0.00 0
2019-10-01 Steele Gary Director A-Award A Common Stock 2,594 0.00 42,062
2019-10-01 McConnell Michael J Director A-Award A Common Stock 2,594 0.00 20,083
2019-10-01 KATZ CAROLYN Director A-Award A Common Stock 2,594 0.00 98,890
2019-10-01 FISHER STEPHEN Director A-Award A Common Stock 2,594 0.00 34,814
2019-10-01 Dave Rishi Officer F-InKind D Common Stock 3,441 0.00 25,110
2019-10-01 CHOPRA NAVEEN K. Director A-Award A Common Stock 2,594 0.00 82,204
2019-08-21 LEVI DAVID Officer S-Sale D Common Stock 4,113 13.37 55.0K 27,476
2019-08-16 MASAREK ALAN Director / Officer S-Sale D Common Stock 200,000 13.34 2.67M 528,803
2019-08-15 MASAREK ALAN Director / Officer S-Sale D Common Stock 197,308 13.18 2.60M 728,803
2019-08-14 MASAREK ALAN Director / Officer S-Sale D Common Stock 161,855 13.15 2.13M 926,111
2019-08-06 FISHER STEPHEN Director G-Gift D Common Stock 49,880 0.00 32,220
2019-07-01 Steele Gary Director A-Award A Common Stock 2,489 0.00 39,468
2019-07-01 McConnell Michael J Director A-Award A Common Stock 2,489 0.00 17,489
2019-07-01 KATZ CAROLYN Director A-Award A Common Stock 2,489 0.00 96,296
2019-07-01 FISHER STEPHEN Director A-Award A Common Stock 2,489 0.00 82,100
2019-07-01 CHOPRA NAVEEN K. Director A-Award A Common Stock 2,489 0.00 79,610
2019-05-23 PEARSON DAVID T. Officer S-Sale D Common Stock 9,250 11.70 108.2K 320,946
2019-05-14 FISHER STEPHEN Director G-Gift D Common Stock 9,000 0.00 79,611
2019-05-08 LALA VINOD Officer S-Sale D Common Stock 16,458 11.00 181.0K 68,409
2019-05-01 LEVI DAVID Officer F-InKind D Common Stock 4,524 9.71 43.9K 31,589
2019-04-01 Steele Gary Director A-Award A Common Stock 2,857 0.00 36,979
2019-04-01 KATZ CAROLYN Director A-Award A Common Stock 2,857 0.00 93,807
2019-04-01 FISHER STEPHEN Director A-Award A Common Stock 2,857 0.00 88,611
2019-04-01 CHOPRA NAVEEN K. Director A-Award A Common Stock 2,857 0.00 77,121
2019-03-22 PEARSON DAVID T. Officer S-Sale D Common Stock 44,751 9.92 443.9K 330,196
2019-03-21 PEARSON DAVID T. Officer S-Sale D Common Stock 52,828 9.97 526.7K 374,947
2019-03-21 LALA VINOD Officer S-Sale D Common Stock 9,126 10.00 91.3K 84,867
2019-03-20 PEARSON DAVID T. Officer S-Sale D Common Stock 74,633 9.93 741.1K 427,775
2019-03-18 LALA VINOD Officer S-Sale D Common Stock 2,867 10.29 29.5K 93,993
2019-03-15 PEARSON DAVID T. Officer F-InKind D Common Stock 16,009 10.21 163.5K 333,327
2019-03-15 McConnell Michael J Director D Common Stock 0 0.00 15,000
2019-03-15 MASAREK ALAN Director / Officer M-Exempt A Common Stock 75,117 0.00 726,015
2019-03-15 LEVI DAVID Officer A-Award A Common Stock 16,233 0.00 23,601
2019-03-15 LALA VINOD Officer A-Award A Common Stock 39,960 0.00 96,860
2019-02-15 PEARSON DAVID T. Officer F-InKind D Common Stock 206,922 9.73 2.01M 318,038
2019-02-15 MASAREK ALAN Director / Officer F-InKind D Common Stock 457,799 9.73 4.45M 650,898
2019-02-15 LALA VINOD Officer F-InKind D Common Stock 41,346 9.73 402.3K 32,916
2019-01-01 Steele Gary Director A-Award A Common Stock 3,293 0.00 34,122
2019-01-01 KATZ CAROLYN Director A-Award A Common Stock 3,293 0.00 90,950
2019-01-01 FISHER STEPHEN Director A-Award A Common Stock 3,293 0.00 85,754
2019-01-01 CHOPRA NAVEEN K. Director A-Award A Common Stock 3,293 0.00 74,264
2018-10-01 Steele Gary Director A-Award A Common Stock 2,052 0.00 30,829
2018-10-01 KATZ CAROLYN Director A-Award A Common Stock 2,052 0.00 87,657
2018-10-01 FISHER STEPHEN Director A-Award A Common Stock 2,052 0.00 82,461
2018-10-01 Dave Rishi Officer 0 0.00 0
2018-10-01 CHOPRA NAVEEN K. Director A-Award A Common Stock 2,052 0.00 70,971
2018-09-21 PEARSON DAVID T. Officer S-Sale D Common Stock 53,001 13.40 710.2K 149,008
2018-09-20 PEARSON DAVID T. Officer S-Sale D Common Stock 53,000 13.47 713.9K 202,009
2018-09-19 PEARSON DAVID T. Officer S-Sale D Common Stock 52,999 13.56 718.7K 255,009
2018-08-23 MASAREK ALAN Director / Officer S-Sale D Common Stock 166,668 14.27 2.38M 161,855

Executive team

Top executives
EBIT / Employee
2.52M
Shares Outstanding
2.46B

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Michael Sabel Chief Executive Officer, Executive Co-Chairman and Founder 7.43M 28.00M 3.67M 39.10M 0.00%
2 2025 Robert Pender Executive Co-Chairman and Founder 3.43M 9.00M 51.5K 12.48M 0.00%
3 2025 Thomas Earl Chief Commercial Officer 1.50M 7.59M 36.0K 9.12M 0.00%
4 2025 Jonathan Thayer Chief Financial Officer 1.50M 7.56M 21.1K 9.08M 0.00%
5 2025 Keith Larson General Counsel and Secretary 1.50M 7.06M 21.1K 8.58M 0.00%
6 2024 Michael Sabel Chief Executive Officer, Executive Co-Chairman and Founder 7.50M 25.00M 3.79M 36.29M 0.00%
7 2024 Robert Pender Executive Co-Chairman and Founder 3.50M 25.00M 31.4K 28.53M 0.00%
8 2024 Thomas Earl Chief Commercial Officer 1.50M 4.81M 67.1K 6.38M 0.00%
9 2024 Keith Larson General Counsel and Secretary 1.50M 4.81M 21.5K 6.33M 0.00%
10 2024 Jonathan Thayer Chief Financial Officer 1.50M 4.81M 21.4K 6.33M 0.00%
11 2023 Michael Sabel Chief Executive Officer, Executive Co-Chairman and Founder 5.58M 26.00M 2.00M 33.58M 0.00%
12 2023 Robert Pender Executive Co-Chairman and Founder 2.50M 26.00M 38.0K 28.54M 0.00%
13 2023 Thomas Earl Chief Commercial Officer 1.50M 4.82M 37.6K 6.36M 0.00%
14 2023 Keith Larson General Counsel and Secretary 1.50M 4.00M 20.2K 5.52M 0.00%
15 2023 Jonathan Thayer Chief Financial Officer 1.50M 3.88M 20.2K 5.40M 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-08 DEFA14A
2026-04-08 DEF 14A
2025-04-03 DEFA14A
2025-04-03 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-04-24 S-8
2026-04-23 8-K
2026-04-21 4
2026-04-16 4
2026-04-10 8-K
2026-04-09 8-K
2026-04-08 DEFA14A
2026-04-08 DEF 14A
2026-04-08 ARS
2026-03-26 8-K

Executive team

NameTitleCompensationGender
Michael A. Sabel Founder, Executive Co-Chairman of the Board & Chief Executive Officer 39M male
Robert Pender Founder & Executive Co-Chairman of the Board 12M male
Thomas Earl Chief Commercial Officer 9M male
Jonathan W. Thayer Chief Financial Officer 9M male
Keith D. Larson General Counsel & Secretary 9M male
Michael Pasquarello Senior Vice President of Investor Relations
Fory L. Musser Senior Vice President of Development male
Brian Cothran Chief Operating Officer male
Ngoni Murandu Chief Information Officer male
Sarah Blake Senior Vice President & Chief Accounting Officer female
ESG Rating
B
OIL & GAS MIDSTREAM
Rank: 35 out of 66
2019
E (Environmental)
64.9 / 59.2
Company / Sector avg.
S (Social)
72.2 / 68.4
Company / Sector avg.
G (Governance)
72.8 / 62.9
Company / Sector avg.
ESG Total
70.0 / 63.5
Company / Sector avg.
ESG Score History OIL & GAS MIDSTREAM
Benchmark vs Sector
Political Trading Activity (25M)
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity
Transaction Date Disclosed Representative District Owner Type Amount Link
2026-03-19 2026-04-22 Maria Elvira Salazar FL27 Purchase $1,001 - $15,000
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits