Commodities
Oil Executives See Bigger Pay Checks by Prioritizing Cash Flow Over Growth
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What’s the best way for a shale executive to see a bigger pay check? Prove that you’re focused on cash flows and spending discipline, not drilling more oil.
That’s the latest finding from a study by consulting firm Oil & Gas Financial Analytics, which found that pay packages at the c-suite level increasingly depend on how well oil executives deliver on free cash flow targets and cash return on capital employed.