Tuesday, February 25, 2020

The Median of 52 of the Largest Texas Oil & Gas Companies' Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Blistering 21.3% Per Year During the Predominately Past Ten Years

Here's a summary of 52 of the largest Texas Oil & Companies' Top-Tier Executives Average Annual Pay and Employee Benefits Increase per year.  When you click in the chart on the first Company Tellurian, you will see an individual post for Tellurian including Compensation Tables, and then about half way down on the right side of the screen under September in the Blog Archive,  you can also access individual posts on the other 51 Texas Oil & Gas Companies including Compensation Tables.   

  1. Tellurian +421.0% per year for the past ten years 
  2. RSP Permian Inc +281.7% per year for four years
  3. Kosmos Energy +264.0% per year for the past eight years
  4. Cactus Inc +243.0% per year for the past two years
  5. ProPetro Holding Corp +241.9% per year for the past three years
  6. Apergy +146.9%per year for the past two years
  7. Cheniere Energy Inc +141.9% per year for the past ten years
  8. Talos Energy +118.9% per year for the past two years
  9. Kinder Martin +115.8% per year for the past ten years
  10. Parsley Energy +72.8% per year for the past six years.
  11. Buckeye Partners +60.9% per year for the past ten years
  12. Texas Pacific Land Trust +57.5% per year for the past ten years
  13. Diamondback Energy +52.9% per year for the past seven years
  14. Oasis Petroleum +50.5% per year for the past nine years
  15. Targa Resources +46.9% per year for the past ten years
  16. Matador Resources +38.4% per year for the past eight years
  17. Blackstone Minerals LP +36.1% per year for the past five years
  18. Enlink Midstream +35.7% per year for the past seven years
  19. USA Compression Partners LP +32.9% per year for the past eight years
  20. Concho Resources +31.2% per year for the past ten years
  21. Western Refining +25.8% per year for eight years
  22. Columbia Pipeline Group +25.2% per year for three years
  23. Enterprise Products Partners +25.1% per year for the past five years
  24. Western Gas Partners +23.5% per year for the past five years
  25. Marathon Oil +23.3% per year for the past ten years
  26. CVR Energy +21.9% per year for the past ten years
  27. Andeavor Logistics LP +20.6% per year for the past seven years
  28. Energy Transfer Companies +19.2% per year for the past ten years 
  29. Andeavor +18.1% per year for nine years
  30. NuStar Energy LP +17.6% per year for the past ten years
  31. FMC Technologies +17.1% per year for seven years
  32. Spectra Energy Corp +16.4% per year for seven years
  33. ConocoPhillips +14.8% per year for the past ten years
  34. Pioneer Natural Resources +14.4% per year for the past ten years
  35. Halliburton +14.3% per year for the past ten years
  36. Occidental Petroleum +14.3% per year for the past ten years
  37. Patterson-UTI Energy +14.0% per year for the past ten years
  38. National Oilwell Varco+13.1% per year for the past ten years
  39. Newfield Exploration +12.8% per year for nine years 
  40. The New Baker Hughes, a GE Company +12.2% per year for the past three years  
  41. HollyFrontier Corp +11.2% per year for the past ten years.
  42. Plains All America Pipeline +10.4% per year for the past ten years
  43. Cabot Oil & Gas +10.3% per year for the past ten years
  44. Valero Energy Corp +10.1% per year for the past ten years
  45. The Old Baker Hughes Inc +9.9% per year for eight years excluding Golden Parachutes Pay
  46. Schlumberger Limited +9.6% per year for the past ten yearss a New York Times
  47. Apache Corp +8.4% per year for the past ten years
  48. Noble Energy Inc +6.5% per year for the past ten years
  49. Phillips 66 +5.4% per year for the past five years
  50. EOG Resources +5.1% per year for the past ten years
  51. Exxon Mobil +1.2% per year for the past ten years
  52. Anadarko Petroleum +1.1% per year for the past ten years
Median Increase of all 52 Companies ..... 21.3% Per Year

When you review the above chart, it's pretty clear that Texas has a massive problem with huge, continuing pay income inequality expansion.

And this has been happening for more than forty years.

So why has it not been fixed by the US Government?  Because both the Republican and Democratic US Presidential Administrations and the members of the US Congress either don't want to fix this horrific problem or the ones who want to fix it don't have the requisite skill set to get it done.  

The only 2020 Democratic Presidential candidate who doesn't want to fix it is Michael Bloomberg.  He says he wants to fix it but he is lying through his teeth.  He accumulated his $60 bil of wealth predominately on the backs of the middle and lower economic classes and was strongly against all unions and strongly for this massive, continuing expansion of pay income inequality which like all the overwhelming majority of Republicans are.

The other Top Democratic Presidential candidates (Biden and Bernie) want to fix this problem but especially at their advanced age they have absolutely no clue how to fix it. 


There is only one of the Top Democratic Presidential candidates who can fix this very complicated problem ..... the contemporary data-savvy, financially-savvy Pete Buttigieg, who also has a keen understanding of how businesses operate.

These elderly people running for US President all have obsolete data and financial skills and also have an obsolete view of how businesses operate.  I know first hand that especially in your 60's, 70's and 80's, this obsolescence of the requisite skill set to fix this problem expands exponentially.

The end result is that if any of these elderly candidates gets elected US President, I am certain that this massive, continuing pay income inequality expansion will continue unabated and probably even accelerate sharply like it has in the past three years.


On another matter, the Nevada election caucus counts seem very strange to me.

I suggest that it is mathematically impossible for Pete Buttigieg to get a 17.3% Final Vote, which is already after the voter redistribution for the 15% threshold effect, which miraculously dropped down by 17% to only 14.3% in the Nevada County Convention Delegate Vote without some unfair actions to have occurred.

It is even more mathematically impossible for Amy Klobuchar to get a 7.3% Final Vote which dropped down by an amazing 42% to only 4.3% in the Nevada County Convention Delegate Vote without some unfair actions to have occurred.

So, Joe Biden got a Not First Vote but Final Vote of 18.9% in Nevada just edging out Pete Buttigieg's Not First Vote but Final Vote of 17.3%.  But unlike Pete's 17% dramatic drop in the Nevada County Convention Delegate Vote, for some strange reason Biden's Nevada County Convention Vote increased by 7%.

End result, Biden got 9 delegates and Pete only got 3 delegates, even though Biden got a final vote  of 18.9% and barely edged Pete's final vote of 17.3%.  

What you have here is massive vote count corruption in the Nevada Democratic establishment in favor of Democratic establishment candidate Joe Biden.  And the Democratic establishment is asserting that Russia is subverting the US election when it's a drop in the bucket as compared to how the US State Democratic establishments including Nevada are corrupting the vote count.

And all of the Nevada election workers have to sign Non Disclosure Agreements to work there.  I now understand why.

What you have here is massive Nevada Democratic Party corruption in Sin City.

This is why many people have so little trust in the Democratic Party establishment and now realize that the deck is stacked against any Democratic Presidential candidate other than Joe Biden and thus it only makes sense that some of them will probably react by not voting for Democratic establishment darling Joe Biden in US States all over the country on Super Tuesday.

And for someone to loudly assert many times during the South Carolina primary, where 67% of the voters are black, that he was arrested for Nelson Mandela like Joe Biden did when he actually didn't get arrested for Nelson Mandela, it reveals that Joe Biden is either an opportunistic liar or senile and either way, he has no business being US President.