Paul D. McKinney is a seasoned leader in the oil and gas industry, currently serving as the CEO of SandRidge Energy, Inc. since January 2019. With a Bachelor’s degree in Petroleum Engineering from Louisiana Tech University, he brings over 30...

Paul D. McKinney is a seasoned leader in the oil and gas industry, currently serving as the CEO of SandRidge Energy, Inc. since January 2019. With a Bachelor’s degree in Petroleum Engineering from Louisiana Tech University, he brings over 30 years of experience to the table. Before joining SandRidge, he was the President and COO of Yuma Energy, Inc. His career started at Anadarko Petroleum, where he steadily climbed the ranks to become Vice President of Reservoir Engineering. McKinney has also held key positions at Apache Corporation, overseeing operations in the Gulf Coast region. Under his leadership, SandRidge focuses on performance metrics tied to health, safety, and environmental goals. In 2023, his total compensation was approximately $999,461, which included a salary, performance bonuses, and stock grants as part of a plan to align executive pay with shareholder interests. His insider trading activity and holdings represent his commitment to the company. McKinney’s strategic vision and vast operational knowledge fuel SandRidge's goals, highlighting his hands-on approach to leadership in an ever-changing industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other SandRidge Energy CEOs

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Paul D. McKinney

CEO of SandRidge Energy

Education

Bachelor of Science in Petroleum Engineering from Louisiana Tech University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Energy

Born

January 1, 1958 - 67 years ago

CEO of SandRidge Energy for

6 years 4 months (Jan 2019 - Present)

Previous Experience

President and Chief Operating Officer at Yuma Energy; Various roles at Apache Corporation; Vice President of Reservoir Engineering at Anadarko Petroleum Corporation.

Rivals

Competitors/colleagues of Paul D. McKinney

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Kelly Hoffman

CEO of Ring Energy

2013 Compensation

Stock

$0.00

Salary

$175.00K

Bonus

$5.00K

Other

$122.50K

Total Holdings

$373.94K

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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

$26.93M

P

James H. Walter

CEO of Permian Resources

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$4.30K

Total Holdings

$163.30M

P

William M. Hickey III

CEO of Permian Resources

2023 Compensation

Stock

$15.00M

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$166.35M

S

Javan D. Ottoson

CEO of SM Energy

2022 Compensation

Stock

$0.00

Salary

$773.08K

Bonus

$1.10M

Other

$167.84K

Total Holdings

$12.79M

O

Brendan McCracken

CEO of Ovintiv

2023 Compensation

Stock

$3.86M

Salary

$1.10M

Bonus

$2.54M

Other

$407.55K

Total Holdings

$7.62M

Holdings

See how much did Paul D. McKinney make over time.

Paul McKinney, as CEO of SandRidge Energy, has seen significant changes in his holdings. His wealth fluctuated notably during his tenure, especially in 2020, when he received over $1.8 million in compensation, driven mostly by stock awards. His stock options,...

Paul McKinney, as CEO of SandRidge Energy, has seen significant changes in his holdings. His wealth fluctuated notably during his tenure, especially in 2020, when he received over $1.8 million in compensation, driven mostly by stock awards. His stock options, specifically 250,000 granted upon joining, signify a strong tie to company performance. By 2021, his total wealth was closely connected to these stock options, reflecting both risk and reward in his leadership role. His position has since evolved with strategic decisions in capex and production metrics as part of his credibility in the stock market, emphasizing the importance of aligning personal financial success with company prosperity.

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Insider Trading

See recent insider trades of Paul D. McKinney.

No insider trades found for this CEO.

Compensation History

See how much did Paul D. McKinney make over time.

In 2023, Paul D. McKinney's reported total compensation reached $999,461. This includes his base salary of $343,269 and a performance-based bonus of $186,365. The bonus reflects the company's success on various financial and operational metrics over the past year. Additionally, he received $108,334 from vested stock units and $46,067 in other forms of compensation like life insurance and retirement contributions. His pay structure is designed to motivate performance and retain key talent, aligning closely with shareholder interests. This strategic approach illustrates how McKinney’s financial incentives are tied directly to the operational success of SandRidge Energy, highlighting a clear alignment of interests between him and the company’s shareholders.

Year

2023

Total Compensation

$684.04K

Salary

$343.27K

Board Justification

The compensation philosophy focuses on aligning executive compensation with shareholder interests, emphasizing performance-based metrics and retention of key personnel.

Bonus

$186.37K

Board Justification

Based on performance metrics achieved under the 2023 annual incentive program, which included financial and operational metrics.

Other

$46.07K

Board Justification

Includes life insurance premiums, company matching contributions to 401(k) plan, and dividend equivalents.

Restricted Stock

$108.33K(7.08K RSU)

Board Justification

Restricted Stock Units (RSUs) granted on April 5, 2023, vesting in equal installments over three years, subject to continued service.

Performance Metrics

The performance metrics for 2023 included health, safety, environmental goals, drilling and completion CAPEX, base production within CAPEX, lease operating expenses, and adjusted general and administrative expenses.

Other SandRidge Energy CEOs

Here are other CEOs of SandRidge Energy

William M. Griffin, Jr.

Ex-CEO of SandRidge Energy

September 2018 - January 2019

Carl F. Giesler, Jr.

CEO of SandRidge Energy

July 2020 - Present