Energy Secretary Chris Wright has gotten approval to sell his stock in the oil field services firm he founded in 2011, along with stakes in eight other energy companies.
All of the stocks listed in a divestiture certificate — dated last Tuesday from the U.S. Office of Government Ethics — are tied to oil and gas companies. The document was signed by David Apol, the office’s general counsel.
The lion’s share of what Wright and his wife are selling is nearly 3 million shares of stock in Liberty Energy, the Denver-based hydraulic fracturing services firm he created and led before joining the Trump administration this year. That quantity of Liberty holdings would have been worth more than $53 million as of Friday’s closing price.
Wright is also selling 63,459 common units of Energy Transfer. The Dallas-based pipeline giant was co-founded by Kelcy Warren, a top donor in the effort to elect President Donald Trump.
