The Idiot Index

Sector
Executive ExtractionApplied to integrated oil, gas, and energy producers. COGS captures upstream extraction and downstream refining/distribution. Markup ratios in this sector are highly cyclical with commodity prices; sector medians normalize across cycles, so the composite z-score is more stable…

Executive Extraction in Energy · FY 2023

32 of 38 companies · highest first
  1. 1
    BKRBaker Hughes
    CEO earns 311× the median worker
    sector median 81.73Top 2%
    311.2
    × CEO / median worker
  2. 2
    NRGNRG Energy
    CEO earns 177× the median worker
    sector median 81.73Top 5%
    177.3
    × CEO / median worker
  3. 3
    SLBSchlumberger
    CEO earns 154× the median worker
    sector median 81.73Top 8%
    154.5
    × CEO / median worker
  4. 4
    CVXChevron
    CEO earns 151× the median worker
    sector median 81.73Top 11%
    150.8
    × CEO / median worker
  5. 5
    WMBWilliams
    CEO earns 139× the median worker
    sector median 81.73Top 14%
    139.3
    × CEO / median worker
  6. 6
    MPCMarathon Petroleum
    CEO earns 137× the median worker
    sector median 81.73Top 17%
    136.5
    × CEO / median worker
  7. 7
    ARAntero Resources
    CEO earns 126× the median worker
    sector median 81.73Top 20%
    126.2
    × CEO / median worker
  8. 8
    PSXPhillips 66
    CEO earns 124× the median worker
    sector median 81.73Top 23%
    124.0
    × CEO / median worker
  9. 9
    RIGTransocean
    CEO earns 108× the median worker
    sector median 81.73Median range
    108.0
    × CEO / median worker
  10. 10
    TRGPTarga Resources
    CEO earns 107× the median worker
    sector median 81.73Median range
    106.6
    × CEO / median worker

Not yet covered (6)

These companies are in the Energy cohort but don't have a Executive Extraction computed for FY 2023. Either the underlying inputs aren't tagged in their XBRL filings, the DEF 14A pay-ratio narrative didn't parse cleanly, or this fiscal year hasn't been ingested for them yet.

What this measures

Full methodology →

How many times a CEO out-earns the median employee.

Ratio
Executive Extraction
Sector
Energy
Methodology version
v1.0.0
Formula
CEOTotalCompensation / MedianEmployeeCompensation
Sector context

Applied to integrated oil, gas, and energy producers. COGS captures upstream extraction and downstream refining/distribution. Markup ratios in this sector are highly cyclical with commodity prices; sector medians normalize across cycles, so the composite z-score is more stable than any single-year ratio.

Required disclosure under Dodd-Frank Section 953(b) since 2018. Filed in DEF 14A proxy statements. The dashboard aggregates the disclosure across the top 50 and ranks.

Source data: CEO total compensation and median employee compensation, both as filed in the company's most recent DEF 14A. When the ratio is XBRL-tagged we use the tagged value; otherwise the narrative disclosure is parsed (~99% accuracy).