Sources of Income
Conaway receives oil and gas production royalties from Kidwell Exploration, an oil and gas company owned by his wife’s family. Conaway serves as vice president and director; his wife, Suzanne Kidwell Conaway, serves as president and director.
He also receives oil and gas production royalties from KMC, Inc., an investment firm. Conaway is the president of the firm’s board of directors.
Conaway and/or his wife own stock in CISCO Systems, Microsoft, Southwest Airlines and Clayton Williams Energy, among various other companies.
Conaway and/or his wife receive substantial payments from dividends and capital gains owned in several mutual funds.
Conaway serves as the chairman of the House Committee on Agriculture.
- Conaway served in the United States Army for two years. Afterward he became a certified CPA and a bank executive. He worked with George W. Bush as CFO of Bush Exploration. Bush also appointed Conaway to the Texas State Board of Public Accountancy, which he served on for seven years.
Residential property in Midland valued at $835,220
Residential property in Washington, D.C., valued at $789,780