How McKinney was paid
$2.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Paul D. McKinneyChief Executive Officer and Chairman of the Board | $626,667 | $1,473,306 | $753,984 | $31,000 | $2,884,957 |
| Travis T. ThomasFormer Executive Vice President and Chief Financial Officer | $308,221 | $1,341,994 | $222,688 | $823,429 | $2,696,332 |
| Rocky P. KwonVice President, Chief Accounting Officer and Former Interim CFO | $255,925 | $94,078 | $155,585 | $15,428 | $521,016 |
| Alexander DyesExecutive Vice President, Chief Operations Officer | $436,667 | $446,822 | $403,920 | $23,500 | $1,310,909 |
| James J. ParrExecutive Vice President, Chief Exploration Officer | $395,000 | $446,822 | $359,040 | $18,982 | $1,219,844 |
| Phillip B. FeinerSenior Vice President, General Counsel | $369,167 | $205,297 | $314,160 | $22,222 | $910,846 |
What changed and why
- $2.9MPaul D. McKinney received total compensation of $2,884,957 in 2025, representing a decrease from his 2024 total of $3,403,046.
- 35%Sales volumes reached a record 20,253 Boe per day, while capital spending was reduced by 35%.
- The Compensation Committee chose net Boe production, internal rate of return, and net lifting costs as performance measures for the annual incentive plan.
- The ratio of CEO to median employee annual total compensation was 18 to 1.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.