Alvarez & Marsal's (A&M’s) Compensation and Benefits Practice  is pleased to share the results of its 2020/2021 Oil and Gas Exploration & Production (E&P) Compensation Report. This year, we partnered with Equilar, who added commentary on their research and observations regarding compensation trends across numerous industries. 

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, and bankruptcy.

To understand compensation practices in the energy sector, specifically for Exploration & Production (E&P) companies, the Compensation and Benefits Practice of Alvarez & Marsal (A&M) examined the 2020 proxy statements of the largest E&P companies in the U.S.

This report reviews the value of CEO, CFO, and Board of Director compensation packages, annual and long-term incentive pay practices, CEO pay ratios, and the prevalence and value of change in control benefits to which these executives are entitled. We also address compensation arrangements at distressed E&P companies, as well as initial public offerings in the E&P sector.

Click here to download the report >   Contact us for assistance with your company’s executive compensation needs: jivy@alvarezandmarsal.com, bcumberland@alvarezandmarsal.com and ahoeinghaus@alvarezandmarsal.com.