In 2021, Phillip A. Gobe earned $4.48M in total compensation at ProPetro Holding Corp., including $810.00K salary, $861.20K bonus and $2.77M in stock. Most recently sold 20,000 shares in Sep 2023. Currently holds stock worth $2.27M. Led ProPetro Holding Corp. as CEO for 1 years.
Compensation History
Annual executive compensation data for Phillip A. Gobe, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$4.48M
Salary
$810.00K
Bonus
$861.20K
Other
$29.17K
Salary
$810.00KBoard Justification
The compensation philosophy is designed to reward exceptional performance, align executive interests with those of stockholders, and remain competitive in the industry to attract and retain talent.
Bonus
$861.20KBoard Justification
The annual cash incentive bonus is based on the achievement of performance goals, with a target bonus of 100% of base salary. For 2021, Mr. Gobe achieved 99% of the target bonus opportunity.
Other Compensation
$29.17KBoard Justification
Other compensation includes vehicle allowance, contributions to the 401(k) plan, and other perquisites.
Restricted Stock
Board Justification
The vested stock includes RSUs and PSUs that were granted in prior years and vested in 2021, with the total number of shares vested being 342,564.
Performance Metrics
Performance metrics for the CEO's compensation include financial performance measures such as Adjusted EBITDA, Free Cash Flow, and safety metrics.
Phillip A. Gobe
Ex-CEO of ProPetro Holding Corp.
Education
Bachelor's degree in Business Administration
Field of Expertise
Business & Management
Sector of Economy
Energy
Born
January 1, 1953 - 72 years ago
CEO of ProPetro Holding Corp. for
1 year 5 months (Mar 2020 - Aug 2021)
Previous Experience
Served as Executive Chairman of the Board and has extensive experience in the energy sector.
Other ProPetro Holding Corp. CEOs
Holdings
Track Phillip A. Gobe's stock holdings and portfolio value over time.
Total Stock Sold
$3.17M
$3.17M
277,860 PUMP shares
What if they kept their stock?
If Phillip A. Gobe didn't sell their stock, today they would have:
Extra PUMP277,860 shares worth $3.03M.
This is -4.5% and $142.99K less than what they got when they sold the stock.
Insider Trading
Phillip A. Gobe's recent stock transactions, purchases, and sales filed with the SEC.
$220.00K
PUMP at $11.00/share
Sep 18, 2023
Sale
$157.50K
PUMP at $10.50/share
Sep 12, 2023
Sale
$200.20K
PUMP at $10.01/share
Sep 1, 2023
Sale
$364.70K
PUMP at $10.42/share
Aug 1, 2023
Sale
$200.00K
PUMP at $10.00/share
Jul 19, 2023
Sale
252,393 shares
PUMP
Feb 1, 2023
Received
$748.17K
PUMP at $11.36/share
Nov 15, 2022
Sale
$220.00K
PUMP at $10.00/share
Oct 6, 2022
Sale
$555.20K
PUMP at $13.88/share
Jun 7, 2022
Sale
$490.40K
PUMP at $12.26/share
May 12, 2022
Sale
Rivals
Compare Phillip A. Gobe with competitor CEOs and industry peers.
Ben M. Palmer
CEO of RPC
2023 Compensation
Stock
$0.00
Salary
$450.00K
Bonus
$340.20K
Other
$0.00
Total Holdings
$14.73M
Jeffrey A. Miller
CEO of Halliburton
2023 Compensation
Stock
$27.46M
Salary
$1.60M
Bonus
$0.00
Other
$659.12K
Total Holdings
$24.88M
Stephen Tadlock
CEO of Cactus
2023 Compensation
Stock
$500.00K
Salary
$450.00K
Bonus
$358.43K
Other
$30.62K
Total Holdings
$2.52M
Brendan McCracken
CEO of Ovintiv
2023 Compensation
Stock
$3.86M
Salary
$1.10M
Bonus
$2.54M
Other
$407.55K
Total Holdings
$7.57M
Roderick A. Larson
CEO of Oceaneering International
2022 Compensation
Stock
$6.37M
Salary
$760.00K
Bonus
$622.16K
Other
$427.42K
Total Holdings
$1.69M