In 2019, Michael L. Hollis earned $1.05M in total compensation at Diamondback Energy, including $500.00K salary, $200.00K bonus and $300.00K in stock. Most recently acquired 12,854 shares in Nov 2022. Currently holds stock worth $69.45M. Led Diamondback Energy as CEO for 2 years.
Compensation History
Annual executive compensation data for Michael L. Hollis, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$1.05M
Salary
$500.00K
Bonus
$200.00K
Other
$50.00K
Salary
$500.00KBoard Justification
The compensation philosophy focuses on aligning executive pay with company performance, utilizing peer benchmarking to ensure competitiveness and retention of top talent.
Bonus
$200.00KBoard Justification
The bonus is based on the company's performance metrics including production growth and cost management for the year 2019.
Other Compensation
$50.00KBoard Justification
Other compensation includes retirement contributions and health benefits provided in 2019.
Restricted Stock
Board Justification
The stock that vested in 2019 was part of a long-term incentive plan that rewards performance over a three-year period, with vesting occurring upon achievement of specific performance targets.
Performance Metrics
Performance metrics include production growth, cost management, and shareholder return.
Michael L. Hollis
Ex-CEO of Diamondback Energy
Education
Bachelor of Science in Chemical Engineering from Louisiana State University
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Energy
Born
January 1, 1970 - 55 years ago
CEO of Diamondback Energy for
2 years 8 months (Jan 2017 - Sep 2019)
Previous Experience
Vice President-Drilling at Diamondback Energy, Inc.
Other Diamondback Energy CEOs
Holdings
Track Michael L. Hollis's stock holdings and portfolio value over time.
Total Stock Sold
$18.44M
$17.78M
213,043 FANG shares
$660.00K
40,000 HPK shares
What if they kept their stock?
If Michael L. Hollis didn't sell their stock, today they would have:
Extra FANG213,043 shares worth $33.96M and HPK40,000 shares worth $251.20K.
This is 85.53% and $15.77M more than what they got when they sold the stock.
Insider Trading
Michael L. Hollis's recent stock transactions, purchases, and sales filed with the SEC.
$288.43K
HPK at $22.44/share
Nov 17, 2022
Purchase
$161.98K
HPK at $16.48/share
Sep 19, 2023
Purchase
$12.00M
HPK at $10.50/share
Jul 19, 2023
Purchase
$695.76K
HPK at $21.86/share
Dec 6, 2022
Purchase
$955.31K
HPK at $22.22/share
Nov 21, 2022
Purchase
$70.72K
HPK at $20.21/share
Sep 23, 2022
Purchase
$350.02K
HPK at $21.61/share
Sep 2, 2022
Received
$650.01K
HPK at $21.61/share
Aug 22, 2022
Received
$66.06K
HPK at $13.21/share
Nov 30, 2021
Purchase
115,000 shares
HPK
Nov 4, 2021
Received
Rivals
Compare Michael L. Hollis with competitor CEOs and industry peers.
Joseph Wm. Foran
Founder and CEO of Matador Resources
2023 Compensation
Stock
$11.09M
Salary
$1.35M
Bonus
$3.11M
Other
$25.70K
Total Holdings
$248.76M
Ezra Y. Yacob
CEO of EOG Resources
2023 Compensation
Stock
$0.00
Salary
$1.17M
Bonus
$2.52M
Other
$373.14K
Total Holdings
$22.95M
Brendan McCracken
CEO of Ovintiv
2023 Compensation
Stock
$3.86M
Salary
$1.10M
Bonus
$2.54M
Other
$407.55K
Total Holdings
$7.57M
Douglas E. Brooks
CEO of Chord Energy
2023 Compensation
Stock
$1.01M
Salary
$850.00K
Bonus
$0.00
Other
$23.81K
Total Holdings
$6.68M
Travis D. Stice
CEO of Viper Energy
2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$4.08M