ProPetro Holding Management
Management criteria checks 2/4
ProPetro Holding's CEO is Sam Sledge, appointed in Aug 2021, has a tenure of 2.67 years. total yearly compensation is $5.79M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $1.61M. The average tenure of the management team and the board of directors is 2 years and 4.8 years respectively.
Key information
Sam Sledge
Chief executive officer
US$5.8m
Total compensation
CEO salary percentage | 13.8% |
CEO tenure | 2.7yrs |
CEO ownership | 0.2% |
Management average tenure | 2yrs |
Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Drilling Deep Into ProPetro Holding
Mar 08ProPetro Holding In Holding Pattern
Dec 11These 4 Measures Indicate That ProPetro Holding (NYSE:PUMP) Is Using Debt Reasonably Well
Dec 07ProPetro Shifts Focus To Capital Return As Permian Activity Sags
Nov 30ProPetro: The Worst Is Over But Don't Chase The Rally
Sep 07Does ProPetro Holding (NYSE:PUMP) Have A Healthy Balance Sheet?
Aug 09ProPetro Holding: Still Much To Get From Oil And Gas
Jul 29ProPetro Holding (NYSE:PUMP) Has A Pretty Healthy Balance Sheet
Apr 18ProPetroEPS of $0.12, revenue of $348.92M beats by $2.92M
Feb 21ProPetro Holding: Hold The Pumps
Dec 22ProPetro buys Silvertip in push to boost presence in Permian Basin
Nov 01ProPetro Holdings: Solid Company Selling At Discount
Aug 17ProPetroEPS of -$0.32, revenue of $315M beats by $4.38M
Aug 03Here's Why We're Not At All Concerned With ProPetro Holding's (NYSE:PUMP) Cash Burn Situation
Jun 22ProPetro Holding Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 06ProPetro Holding: Path Is Higher, Entry Points Are Critical
Apr 08ProPetro Holding: A Fleet Upgrade Should Pay In The Medium Term
Jan 05ProPetro Holding: Gradually Moving Towards A Peak
Sep 09CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | US$6m | US$800k | US$86m |
Sep 30 2023 | n/a | n/a | US$116m |
Jun 30 2023 | n/a | n/a | US$91m |
Mar 31 2023 | n/a | n/a | US$19m |
Dec 31 2022 | US$5m | US$700k | US$2m |
Sep 30 2022 | n/a | n/a | -US$31m |
Jun 30 2022 | n/a | n/a | -US$46m |
Mar 31 2022 | n/a | n/a | -US$22m |
Dec 31 2021 | US$3m | US$456k | -US$54m |
Compensation vs Market: Sam's total compensation ($USD5.79M) is above average for companies of similar size in the US market ($USD3.43M).
Compensation vs Earnings: Sam's compensation has been consistent with company performance over the past year.
CEO
Sam Sledge (36 yo)
2.7yrs
Tenure
US$5,787,960
Compensation
Mr. Samuel D. Sledge, also known as Sam, has been the Director and the Chief Executive Officer of ProPetro Holding Corp. since August 31, 2021. He had been the President at ProPetro Holding Corp. since Apr...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 2.7yrs | US$5.79m | 0.17% $ 1.6m | |
President & COO | 3.3yrs | US$3.23m | 0.094% $ 878.1k | |
Chief Financial Officer | 3.5yrs | US$2.48m | 0.10% $ 946.1k | |
General Counsel & Corporate Secretary | 1.3yrs | US$1.54m | 0.013% $ 124.8k | |
Chief Commercial Officer | less than a year | US$7.68m | 0.022% $ 208.0k | |
Chief Accounting Officer | less than a year | no data | 0.010% $ 98.1k | |
Senior Manager of Corporate Development & Investor Relations | no data | no data | no data |
2.0yrs
Average Tenure
40.5yo
Average Age
Experienced Management: PUMP's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 2.7yrs | US$5.79m | 0.17% $ 1.6m | |
Director | 5.2yrs | no data | 0.011% $ 107.0k | |
Independent Director | 1.3yrs | US$225.70k | 0.023% $ 215.7k | |
Independent Director | 11.2yrs | US$230.00k | 0.092% $ 864.6k | |
Non-Executive Chairman | 4.8yrs | US$280.00k | 0.18% $ 1.7m | |
Lead Independent Director | 6.3yrs | US$267.50k | 0.086% $ 811.0k | |
Independent Director | 7.1yrs | US$242.50k | 0.092% $ 864.6k | |
Independent Director | 3.3yrs | US$230.00k | 0.051% $ 479.9k | |
Independent Director | 4.2yrs | US$245.00k | 0.024% $ 223.8k |
4.8yrs
Average Tenure
68yo
Average Age
Experienced Board: PUMP's board of directors are considered experienced (4.8 years average tenure).