Tuesday, September 10, 2019

Houston, Texas-Based Patterson-UTI Energy Inc's Top-Tier Executives Average Pay Raise Was a Clean, Robust 14.0% Per Year During the Past Ten Years (2009-2018)

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart below shows Patterson-UTI Energy Inc's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past ten years.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Patterson-UTI Energy  2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Hendricks CEO       9,765     14,254     14,254       6,228       6,228       6,218       6,218       7,282       7,282       7,171
Smith CFO  N/A   N/A 
Siegel Chairman of the Board       7,315     12,818     12,818       2,864       2,864       4,833       4,833       9,245       9,245       9,112
Berns Chief Commercial Officer       3,788       5,976       5,976       3,251       3,251       3,711       3,711       4,712       4,712       4,646
Holcomb President Drilling Company       2,583       3,175       3,175       1,351       1,351       1,336       1,336       1,748       1,748       1,399
Vollmer Former CFO  N/A   N/A        3,346       3,806       3,806       4,808       4,808       4,741
 Totals      23,451     36,223     36,223     13,694     17,040     19,904     19,904     27,795     27,795     27,069
Annual % Change vs Prior Year -35.3% 164.5% -14.4% -28.4% 2.7%
5 Year Average Per Year % Change 17.8%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Patterson-UTI Energy  2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Hendricks CEO  N/A   N/A 
Smith CFO
Siegel Chairman of the Board       9,112       8,229       8,229       9,769       9,769       6,171       6,171       4,627       4,627       6,902
Berns Chief Commercial Officer       4,646       4,205       4,205       4,975       4,975       3,176       3,176       2,404       2,404       3,541
Holcomb President Drilling Company       1,399       1,134
Vollmer Former CFO       4,741       4,300       4,300       5,069       5,069       3,270       3,270       2,499       2,499       3,612
Wall Former CEO  N/A   N/A        7,667       4,976       4,976       3,818       3,818       5,523
Wexler General Counsel       1,093          782  N/A   N/A     
 Totals      19,898     17,868     16,734     19,813     28,573     18,375     17,593     13,348     13,348     19,578
Annual % Change vs Prior Year 11.4% -15.5% 55.5% 31.8% -31.8%
5 Year Average Per Year % Change 10.3%
10 Year Average Per Year % Change 14.0%