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Click on the graph below to explore historical trends in executive compensation at the largest E&P and OFS companies in the United States.
To understand compensation practices in the energy sector, the Compensation and Benefits Practice of Alvarez & Marsal examined the 2024 proxy statements of the largest E&P and OFS companies listed on U.S. based exchanges. Explore some of our key findings below:
The most common AIP metric for E&P companies is Health / Safety / Environmental and Strategic Plan at 80% respectively, while at OFS companies Health / Safety / Environmental is the most prevalent at 90%. The most common LTI metric is Relative TSR with a negative TSR cap at 60% and 50% for E&P and OFS companies, respectively.
In 2024, the average ESG weighting has been 21% and 14% of Annual Incentive Plans for E&P and OFS companies, respectively.
To understand compensation practices in the energy sector, the Compensation and Benefits Practice of Alvarez & Marsal examined the 2024 proxy statements of the largest E&P and OFS companies listed on U.S. based exchanges. Explore some of our key findings below:
Effective compensation programs are critical to attract, retain, and drive performance of executives. Companies should ensure that their executive compensation programs are aligned with the market throughout each potential phase of a company’s life cycle, including initial public offering (IPO), transaction / merger, steady state, bankruptcy, and recovery upon emergence.
Compensation for Clean Energy companies can vary widely from the E&P and OFS companies. A&M analyzed compensation data for the top 15 Clean Energy companies, as summarized to the right.
Compensation for Clean Energy companies can vary widely from the E&P and OFS companies. A&M analyzed compensation data for the top 15 Clean Energy companies, as summarized below.
The Compensation and Benefits Practice of Alvarez & Marsal assists companies in designing compensation and benefits plans, evaluating and enhancing existing plans, benchmarking compensation and reviewing programs for compliance with changing laws and regulations. We do so in a manner that manages risks associated with tax, financial and regulatory burdens related to such plans. Through our services, we help companies lower costs, improve performance, boost the bottom line, and attract / retain key performers.
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