Energy Insights

Current filters:Energy Insights

The BP Shareholder Vote: A Cautionary Tale

Despite using the "correct" process, BP shareholders still took issue with the company's compensation programs.

Posted by on

Compensation is often more about the message than the money. BP’s recent shareholder vote offered some valuable lessons for other energy companies about sending the right messages to shareholders when commodity prices impact business results. On April 14th, nearly 60%…

ISS’s Say on Pay Vote Recommendations Surprisingly Similar to Last Year

Some experts expected more "against" votes for the energy industry this year, but that did not come to fruition.

Posted by on

Heading into this recently past proxy season, experts speculated that ISS might recommend “against” say on pay proposals among the energy industry at a higher rate compared to last year assuming the dramatic decline in stock prices, driven by the…

ISS Continues its Unpredictability

While ISS Remains Influential, Some of its Decisions are Inconsistent From Company to Company

Posted by on

The 2014 proxy season is almost over for calendar year companies. Based on our analysis, ISS continues to play an influential role and the energy industry continues to be one of their favorite targets, but it’s getting more difficult to…

Dealing with Dissent

What to do if You Receive an Against Vote Recommendation from ISS

Posted by on

The proxy season is shifting into high gear as most companies file their 2013 proxy statements. Companies will anxiously await shareholder advisor recommendations hoping for support on various compensation matters (e.g., Say on Pay, equity plans). Energy companies should have…

What to Learn from Shareholder Activism

A Review of Recent Shareholder Activism in the Energy Industry

Posted by on

Energy boards and management have paid close attention to activist shareholders this proxy season, including current proxy battles and investor activism at Hess Corporation (Elliott Associates), SandRidge Energy (TPG-Axon Capital) and Nabors (Pamplona Capital). Each has included a discussion of…