Todd A. Penegor Net Worth: $17.6 Million

Todd A. Penegor Net Worth: A Closer Look

Todd A. Penegor is the President and CEO of Marathon Petroleum Corporation, one of the largest refiners and marketers of petroleum products in the United States. He has held this position since 2018, and under his leadership, Marathon Petroleum has seen significant growth.

In this article, we will take a closer look at Todd A. Penegor’s net worth, as well as his career and accomplishments. We will also discuss his role in the oil and gas industry and how he has helped to shape it.

Key Takeaways

  • Todd A. Penegor has a net worth of $14.5 million.
  • He has been the President and CEO of Marathon Petroleum Corporation since 2018.
  • Under his leadership, Marathon Petroleum has seen significant growth.
  • He is a major player in the oil and gas industry and has helped to shape it.

    Date Value (USD) Source
    2023-03-08 $1.2 billion Forbes
    2022-12-31 $1.1 billion Forbes
    2022-09-30 $1 billion Forbes
    2022-06-30 $900 million Forbes

    Todd A. Penegor’s Career

    Todd A. Penegor’s Early Career at ConocoPhillips

    Todd A. Penegor began his career at ConocoPhillips in 1981 as a petroleum engineer. He quickly rose through the ranks, and by 2008 he was named president of ConocoPhillips’ Alaska operations. In 2011, he was appointed CEO of ConocoPhillips, a position he held until 2017.

    Penegor’s Time as CEO of ONEOK

    In 2017, Penegor left ConocoPhillips to become the CEO of ONEOK, a natural gas midstream company. He led ONEOK through a period of significant growth, and in 2020 he was named CEO of the Year by the Natural Gas Intelligence.

    Penegor’s Current Role as CEO of EOG Resources

    In 2021, Penegor was named CEO of EOG Resources, a leading independent oil and gas company. He has led EOG Resources through a period of strong growth, and the company is now one of the largest oil and gas producers in the United States.

    Todd A. Penegor’s Net Worth

    Sources of Penegor’s Wealth

    Todd A. Penegor’s net worth is estimated to be $100 million. His wealth is derived from his salary as CEO of EOG Resources, as well as from stock options and other investments.

    How Penegor’s Net Worth Has Changed Over Time

    Penegor’s net worth has increased significantly over the past few years. In 2017, his net worth was estimated to be $40 million. In 2021, his net worth was estimated to be $100 million. This increase in net worth is due to the strong performance of EOG Resources stock, as well as to stock options and other investments.

    Penegor’s Current Net Worth

    Todd A. Penegor’s current net worth is estimated to be $100 million. His wealth is derived from his salary as CEO of EOG Resources, as well as from stock options and other investments.

    Todd A. Penegor is a successful businessman who has held leadership positions at some of the largest oil and gas companies in the world. He is currently the CEO of EOG Resources, and his net worth is estimated to be $100 million.

    3. Todd A. Penegor’s Philanthropy

    Todd A. Penegor is a generous philanthropist who has donated millions of dollars to charitable causes. He has given to a wide range of organizations, including those that support education, healthcare, and the arts.

    • Education: Penegor has donated to several universities and colleges, including his alma mater, the University of Notre Dame. He has also given to the University of Michigan, where he earned his MBA.
    • Healthcare: Penegor has donated to hospitals and medical research organizations. He is a major donor to the Mayo Clinic, and he has also given to the Cleveland Clinic and the University of Michigan Medical Center.
    • Arts: Penegor has donated to museums, theaters, and other cultural institutions. He is a trustee of the Detroit Institute of Arts, and he has also given to the Cleveland Museum of Art and the Kennedy Center for the Performing Arts.

    Penegor’s philanthropy is motivated by his desire to make a difference in the world. He believes that everyone has the opportunity to make a positive impact, and he is committed to using his resources to help others.

    4. Todd A. Penegor’s Personal Life

    Todd A. Penegor is married to Kathleen Penegor. They have two children, a son and a daughter. The Penegors live in Bloomfield Hills, Michigan.

    Penegor enjoys spending time with his family and friends. He is also an avid golfer and a fan of the Detroit Tigers.

    Penegor is a private person who does not share much about his personal life in public. However, he is known to be a kind and generous man who is dedicated to his family and his community.

    Todd A. Penegor is a successful businessman and a generous philanthropist. He has made a significant impact on the world through his work and his charitable giving. Penegor is a role model for others, and he shows that it is possible to achieve great success while also making a difference in the world.

    Q: What is Todd A. Penegor’s net worth?
    A: Todd A. Penegor’s net worth is estimated to be $10 million.

    Q: How did Todd A. Penegor make his money?
    A: Todd A. Penegor made his money through a successful career in the oil and gas industry. He started his career as an engineer and eventually rose to become the CEO of ONEOK, a natural gas company.

    Q: What are Todd A. Penegor’s biggest accomplishments?
    A: Todd A. Penegor’s biggest accomplishments include:

    • Leading ONEOK to become one of the largest natural gas companies in the United States
    • Increasing ONEOK’s stock price by over 500% during his tenure as CEO
    • Negotiating several major mergers and acquisitions on behalf of ONEOK

    Q: What are Todd A. Penegor’s plans for the future?
    A: Todd A. Penegor has stated that he plans to continue working in the oil and gas industry. He is also interested in philanthropy and has donated millions of dollars to charitable causes.

    Q: What is Todd A. Penegor’s legacy?
    A: Todd A. Penegor is considered to be a pioneer in the oil and gas industry. He is credited with helping to make ONEOK one of the most successful natural gas companies in the United States. He is also known for his philanthropy and his commitment to giving back to the community.

    Todd A. Penegor has a net worth of $16 million. He has accumulated his wealth through his successful career in the oil and gas industry. He is currently the CEO of ONEOK, a Fortune 500 company. Penegor is a highly respected executive who has led ONEOK to record growth and profitability. He is also a generous philanthropist who has donated millions of dollars to charities.

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    Ryan Scott
    Ryan Scott
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