This company has been acquired
Oasis Petroleum Management
Management criteria checks 3/4
Key information
Lynn Peterson
Chief executive officer
US$7.4m
Total compensation
| CEO salary percentage | 8.7% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.4yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Whiting Petroleum: Positive Cash Flow Projections For 2022 Increases To Near $700 Million
Feb 19Whiting Petroleum: Potential For Over $500 Million In Positive Cash Flow During 2022
Dec 08Whiting Petroleum: Looks Fairly Valued For Long-Term $65 WTI Oil
Oct 02Whiting Petroleum: A Look At Its Williston Basin Acquisition And Redtail Divestiture
Jul 29Whiting Petroleum: Remaining Upside Depends On Distribution Of Reserved Shares And Status Of DAPL
Jul 01Whiting Petroleum: Guidance Points Towards Significant Cash Flow Generation In 2021
Feb 03Whiting Petroleum guides 2021 capex of $240M
Jan 05Whiting Petroleum: High-$40s Oil Is Favorable For 2021 Plans
Dec 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2022 | n/a | n/a | US$391m |
| Dec 31 2021 | US$7m | US$650k | US$428m |
| Sep 30 2021 | n/a | n/a | US$135m |
| Jun 30 2021 | n/a | n/a | US$214m |
| Mar 31 2021 | n/a | n/a | -US$299m |
| Dec 31 2020 | US$2m | US$220k | -US$4b |
| Sep 30 2020 | n/a | n/a | -US$4b |
| Jun 30 2020 | n/a | n/a | -US$4b |
| Mar 31 2020 | n/a | n/a | -US$4b |
| Dec 31 2019 | n/a | n/a | -US$241m |
| Sep 30 2019 | n/a | n/a | US$110m |
| Jun 30 2019 | n/a | n/a | US$251m |
| Mar 31 2019 | n/a | n/a | US$259m |
| Dec 31 2018 | n/a | n/a | US$342m |
| Sep 30 2018 | n/a | n/a | -US$660m |
| Jun 30 2018 | n/a | n/a | -US$1b |
| Mar 31 2018 | n/a | n/a | -US$1b |
| Dec 31 2017 | n/a | n/a | -US$1b |
| Sep 30 2017 | n/a | n/a | -US$613m |
| Jun 30 2017 | n/a | n/a | -US$1b |
| Mar 31 2017 | n/a | n/a | -US$1b |
| Dec 31 2016 | n/a | n/a | -US$1b |
| Sep 30 2016 | n/a | n/a | -US$1b |
| Jun 30 2016 | n/a | n/a | -US$2b |
| Mar 31 2016 | n/a | n/a | -US$2b |
| Dec 31 2015 | US$68k | n/a | -US$2b |
Compensation vs Market: Lynn's total compensation ($USD7.44M) is about average for companies of similar size in the US market ($USD6.91M).
Compensation vs Earnings: Lynn's compensation has been consistent with company performance over the past year.
CEO
Lynn Peterson (69 yo)
1.8yrs
Tenure
US$7,435,298
Compensation
Mr. Lynn Alan Peterson serves as Chief Executive Officer and Director of Whiting Petroleum Corporation since September 1, 2020 and serves as its President since September 2020. He serves as the Chief Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.8yrs | US$7.44m | 0.18% $ 4.8m | |
| Executive VP of Finance & CFO | 1.8yrs | US$3.33m | 0.089% $ 2.4m | |
| Executive VP of Operations & COO | 3.7yrs | US$3.39m | 0.089% $ 2.4m | |
| VP of Legal | 1.7yrs | US$1.83m | 0.011% $ 294.2k | |
| VP of Accounting & Controller | 7.3yrs | US$813.62k | 0.0043% $ 115.1k | |
| Investor Relations Manager | no data | no data | no data | |
| Vice President of Human Resources | 2.9yrs | no data | no data | |
| Chief Restructuring Officer | no data | no data | no data |
2.4yrs
Average Tenure
55yo
Average Age
Experienced Management: WLL's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.8yrs | US$7.44m | 0.18% $ 4.8m | |
| Independent Director | 1.8yrs | US$304.71k | 0.037% $ 992.0k | |
| Independent Director | 1.8yrs | US$294.71k | 0.026% $ 686.1k | |
| Independent Director | 1.8yrs | US$289.71k | 0.026% $ 684.8k | |
| Independent Chairman of the Board | 1.8yrs | US$384.71k | 0.058% $ 1.5m | |
| Independent Director | 1.8yrs | US$289.71k | 0.026% $ 686.4k | |
| Independent Director | 1.8yrs | US$289.71k | 0.064% $ 1.7m |
1.8yrs
Average Tenure
65yo
Average Age
Experienced Board: WLL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.