These 36 Top Executives had Total Compensation Combined in the most recent year disclosed of $634.5 mil, or an average of $17,625,000 for each of them, which was pretty consistent with the $17,676,000 like average for the Dow Industrial companies.
My hunch is that the average pay of full-time employees of all US businesses is probably about $45,000 per year. Thus, that above $17,625,000 Oil & Gas top executives total compensation average is 392 times the $45,000 earned by the average US employee.
And the underemployed working three part-time jobs, totaling 2,000 hours for the year, and getting paid just above the minimum wage make about $20,000 per year. Thus, that above $17,625,000 top executive total compensation average is 881 times the $20,000 earned by that full-time underemployed worker.
And the many unfortunate unemployed for the full year get about $10,000 per year. Thus, that above $17,625,000 top executive total compensation average is 1,762 times the $10,000 of unemployed compensation of the average unemployed person who can't find a job.
It is pretty clear to me that the US has a serious problem with income inequality, and where the economic gap between the very wealthy and everyone else has continued to widely expand in each year since 2001.
Below here is the Total Compensation for each of these 36 Top Executives of Oil & Gas Companies in the most recent year disclosed:
| Total | ||
| Compensation | ||
| Big Oil & Gas | Most Recent | |
| Company | Executive | Year |
| $000s | ||
| Anadarko Petroleum | Hackett | 23,170 |
| Apache | Farris | 15,643 |
| Baker Hughes | Deaton | 11,255 |
| Chesapeake Energy | McClendon | 17,868 |
| Chesapeake Energy | Dixon | 12,230 |
| Chesapeake Energy | Jacobson | 10,484 |
| Chevron | Watson | 24,727 |
| Chevron | Kirkland | 16,513 |
| Chevron | Wirth | 11,379 |
| Chevron | Yarrington | 11,289 |
| ConocoPhillips | Mulva | 27,714 |
| Devon Energy | Richels | 18,011 |
| EOG Resources | Papa | 14,814 |
| ExxonMobil | Tillerson | 34,921 |
| ExxonMobil | Humphreys | 18,486 |
| ExxonMobil | Dolan | 15,207 |
| ExxonMobil | Albers | 13,637 |
| ExxonMobil | Pryor | 10,944 |
| Halliburton | Lesar | 15,839 |
| Halliburton | Brown | 10,204 |
| Hess | J Hess | 17,475 |
| Linn Energy | M Linn | 10,701 |
| Marathon Oil | Cazalot | 31,529 |
| Marathon Petroleum | Heminger | 19,165 |
| Murphy Oil | Wood | 13,748 |
| Nabor Industries | Isenberg | 19,497 |
| Nabor Industries | Petrello | 15,996 |
| Noble Energy | Davidson | 11,492 |
| Oxy Petroleum | Irani | 49,767 |
| Oxy Petroleum | Chazen | 31,727 |
| Plains Exploration & Production | Flores | 10,495 |
| Schlumberger | Gould | 17,878 |
| Schlumberger | Kibsgaard | 12,238 |
| Valero Energy | Klesse | 11,027 |
| Weatherford | Duroc-Danner | 17,317 |
| Weatherford | Hoyer | 10,110 |
| Total all 36 | 634,497 | |
| Average | 17,625 |
