By Peter Brailey | Tuesday 16 June 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having most enjoyed the time I spent reviewing the accounts of various UK onshore oil & gas listed companies at the weekend to review the rewards CEO Steve Sanderson receives from UK Oil & Gas (UKOG), I thought it was worth also looking how he compares to offshore UK operators. With those having a far more capital intensive and complex operating environment, one would have thought his costs would be far below the CEOs/Exec Chairs of such a comparator group... but that is not the conclusion I reached...
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