CEO Total Pay
$9.6M
FY2022 Summary Compensation
2026 data Public-data reference. official source
NEXTIER OILFIELD SOLUTIONS INC.
Open-data reference.
Oil & Gas Extraction · DE · FY2022
CEO-to-Worker Pay Ratio
79:1
Moderate (Scale: 0–1000:1)
CEO Pay
$9.6M
Median Worker
$122,035
Compensation Pillar
CEO compensation breakdown — pay ratio 79× median worker (Dodd-Frank §953(b) disclosure)
NEXTIER OILFIELD SOLUTIONS INC., a oil & gas extraction company, reported a CEO-to-worker pay ratio of 79:1 in FY2022. CEO received total compensation of $9.6M, while the median employee earned $122,035 annually. This is above the Oil & Gas Extraction industry median of 52:1 across 42 companies. Data sourced from SEC EDGAR proxy (DEF 14A) filings.
CEO Compensation Breakdown — FY2022
Detailed breakdown not available.
| Component | Amount (USD) |
|---|---|
| Base Salary | — |
| Bonus | — |
| Stock Awards | — |
| Option Awards | — |
| Non-Equity Incentive Plan | — |
| Pension Value Change | — |
| Other Compensation | — |
| Total Compensation | $9.6M |
Source: SEC EDGAR Form DEF 14A — CIK 1688476, FY2022 Summary Compensation Table.
Industry Comparison — Oil & Gas Extraction
This Company's Ratio
79:1
Industry Median Ratio
52:1
Industry Median CEO Pay
$6.2M
This CEO's Pay
$9.6M
Companies in Industry
42
vs. Industry Median
Above
Understanding This Pay Ratio
NEXTIER OILFIELD SOLUTIONS INC.'s CEO-to-worker pay ratio of 79:1 means that earned 79 times more than the company's median employee in FY2022.
The median employee at NEXTIER OILFIELD SOLUTIONS INC. earned $122,035 annually. At that wage, it would take a median employee approximately 79 years to earn what the CEO earned in a single year.
Pay Ratio
79:1
Near industry median
Disclosure Transparency
1.0/5
Limited pay component reporting
Pay-Versus-Performance Disclosure
Under 17 CFR §229.402(v) (the Pay-Versus-Performance rule effective for fiscal years ending after December 16, 2022), issuers must reconcile Compensation Actually Paid (CAP) to Total Shareholder Return (TSR) over a multi-year window. The chart below visualizes the relationship between NEXTIER OILFIELD SOLUTIONS INC.'s reported CAP and TSR for FY2022.
Pay vs Performance — FY2022 (Dodd-Frank §953(a) PvP disclosure)
Pay Composition
Equity-based pay (stock + options) 0.0%
Performance-linked (incentive + bonus) 0.0%
Fixed compensation (base salary) 0.0%
ISS QualityScore and Glass-Lewis voting guidelines weight performance-linked share of pay. The CII (Council of Institutional Investors) recommends ≥50% of CEO pay be tied to multi-year performance metrics.
What This 2022 Filing Tells Us About NEXTIER OILFIELD SOLUTIONS INC.
According to the 2022 DEF 14A proxy statement filed with the SEC, NEXTIER OILFIELD SOLUTIONS INC. (, CIK 1688476) reported CEO 's total compensation at $9.6M. That figure is an aggregate of base salary (N/A). The median employee at the firm — the reference point mandated by Section 953(b) of the Dodd-Frank Act — earned $122,035 over the same fiscal year, producing the headline CEO-to-worker pay ratio of 79:1 that this page tracks.
Context matters when reading this ratio. NEXTIER OILFIELD SOLUTIONS INC. operates in the Oil & Gas Extraction sector and is headquartered in DE. Across the Oil & Gas Extraction industry (SIC 13), 42 SEC-reporting companies disclosed pay ratios in FY2023, with a median of 52:1 and an average of 61:1. Median industry CEO pay was $6.2M, so NEXTIER OILFIELD SOLUTIONS INC.'s $9.6M sits above that typical figure. That comparison is the fastest way to separate "the CEO is paid like peers" from "this company is an outlier."
Finally, a note on what these SEC numbers do and do not include. Total compensation reported under Item 402 of Regulation S-K reflects grant-date fair value for equity awards, not realized pay, so a CEO may eventually cash in more — or less — depending on stock performance and vesting. The pay ratio itself is calculated against a single median employee chosen under rules that allow statistical sampling, and companies may update methodology year to year. This proxy was filed on 2023-04-28; all figures on this page come directly from that public filing and can be verified against the DEF 14A on the SEC EDGAR system.
Key Data — FY2022
- CEO
- Total Compensation
- $9.6M
- Base Salary
- N/A
- Median Employee Pay
- $122,035
- Pay Ratio
- 79:1
- Filing Date
- 2023-04-28
Company Info
- Ticker
- CIK
- 1688476
- Industry
- Oil & Gas Extraction
- SIC Code
- 1389
- State
- DE
Guides
Explore More
Data Source: This data is sourced from SEC EDGAR proxy statement (DEF 14A) filings. PlainCEOPay provides this publicly available information for informational purposes only. Not investment or financial advice. Verify with official SEC filings at sec.gov.
Frequently Asked Questions
What is the CEO pay ratio at NEXTIER OILFIELD SOLUTIONS INC.? ▼
NEXTIER OILFIELD SOLUTIONS INC.'s CEO-to-worker pay ratio is 79:1. CEO null earned $9.6M in FY2022, while the median employee earned $122,035.
How much does NEXTIER OILFIELD SOLUTIONS INC.'s CEO earn? ▼
null, CEO of NEXTIER OILFIELD SOLUTIONS INC. (null), earned total compensation of $9.6M in fiscal year 2022, according to SEC proxy filings.
How does NEXTIER OILFIELD SOLUTIONS INC.'s pay ratio compare to its industry? ▼
NEXTIER OILFIELD SOLUTIONS INC.'s pay ratio of 79:1 is above the Oil & Gas Extraction industry median of 52:1. The industry has 42 companies reporting pay ratios.
Where does NEXTIER OILFIELD SOLUTIONS INC.'s CEO pay data come from? ▼
All executive compensation data is sourced from SEC EDGAR DEF 14A proxy statement filings. Companies are required by the Dodd-Frank Act to disclose CEO-to-median-worker pay ratios annually. PlainCEOPay aggregates this publicly available data for easy comparison.
What is included in null's total compensation? ▼
Total compensation of $9.6M includes base salary, stock awards, option awards, non-equity incentive plan compensation, pension value changes, and other compensation as reported in the proxy filing summary compensation table.
How long would it take a median NEXTIER OILFIELD SOLUTIONS INC. employee to earn the CEO's pay? ▼
At a median salary of $122,035, it would take the typical NEXTIER OILFIELD SOLUTIONS INC. employee approximately 79 years to earn what CEO null earned in a single year ($9.6M in FY2022).
Read our methodology — how this data is sourced, computed, and verified.
All federal data sources used on this page
- U.S. Census Bureau ACS — demographic + housing + income data. census.gov/programs-surveys/acs
- BLS Occupational Employment and Wage Statistics (OEWS) — wage + employment by occupation. bls.gov/oes
- BEA Regional Economic Accounts — GDP + personal income by state/metro. bea.gov/data/regional
- U.S. Census Bureau County Business Patterns — establishment + employment by industry. census.gov/cbp
- IRS Statistics of Income (SOI) — tax-return aggregate data. irs.gov/statistics
- data.gov — U.S. federal open-data portal — discovery layer for additional federal sources. data.gov
Related
Data sourced from $official public datasets. See our methodology for details. Retrieved and formatted by PlainCEOPay Editorial
