Halliburton’s Executive Pay Shows Forecasting Oil Price Is Hard


It seems not even the board of Halliburton Co. thought the price of oil would remain depressed this long.

The company’s five top executives missed out on at least $12.2 million in cash bonuses last year after Halliburton posted cash value added — a metric it uses to determine bonus payouts — that was off target by more than 60 percent, according to a Tuesday proxy statement. The board’s compensation committee set that target in early 2015.

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