Michael D. Watford

Ultra Petroleum

Former Chairman of the Board, Chief Executive Officer and President

Overview

Michael D. Watford made an average of $6.2M in compensation at Ultra Petroleum from 2006 to 2018.

Annual data

2018

In 2018, Michael D. Watford earned a total compensation of $8.9M as Former Chairman of the Board, Chief Executive Officer and President at Ultra Petroleum.

Ranking590 out of 8,692
Percentile93.2%

Michael D. Watford's 2018 compensation ranked 590th out of 8,692 executive pay records tracked by us this year.

Watford earned more than 93.2% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking8 out of 175
Percentile95.4%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 8th out of 175 executive pay records tracked by us in 2018.

Watford earned more than 95.4% of executives in this group.

Salary$136,667
Other$8,732,484
Total$8,869,151

Watford received $8.7M in other compensation, which accounts for 98.46% of total compensation.

Watford also received $136.7K in salary.

Michael D. Watford's Pay$8,869,151
Median Employee's Pay$134,599
Pay Ratio66 : 1

For fiscal year 2018, the annual total compensation for Michael D. Watford was $8,869,151 and for the median employee at Ultra Petroleum was $134,599. The resulting ratio of Michael D. Watford's pay to the pay of median employee was 66 to one.

2017

In 2017, Michael D. Watford earned a total compensation of $23.5M as Former Chairman of the Board, Chief Executive Officer and President at Ultra Petroleum.

Ranking94 out of 13,224
Percentile99.3%

Michael D. Watford's 2017 compensation ranked 94th out of 13,224 executive pay records tracked by us this year.

Watford earned more than 99.3% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking2 out of 299
Percentile99.3%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 2nd out of 299 executive pay records tracked by us in 2017.

Watford earned more than 99.3% of executives in this group.

Non-Equity Incentive Plan$1,064,000
Salary$800,000
Stock Awards$21,542,600
Other$51,293
Total$23,457,893

Watford received $21.5M in stock awards, which accounts for 91.84% of total compensation.

Watford also received $1.1M in non-equity incentive plan, $800K in salary and $51.3K in other compensation.

2016

In 2016, Michael D. Watford earned a total compensation of $4.1M as Former Chairman of the Board, Chief Executive Officer and President at Ultra Petroleum.

Ranking2,120 out of 13,877
Percentile84.7%

Michael D. Watford's 2016 compensation ranked 2,120th out of 13,877 executive pay records tracked by us this year.

Watford earned more than 84.7% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking70 out of 309
Percentile77.3%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 70th out of 309 executive pay records tracked by us in 2016.

Watford earned more than 77.3% of executives in this group.

Non-Equity Incentive Plan$3,252,595
Salary$800,000
Other$41,311
Total$4,093,906

Watford received $3.3M in non-equity incentive plan, which accounts for 79.45% of total compensation.

Watford also received $800K in salary and $41.3K in other compensation.

2015

In 2015, Michael D. Watford earned a total compensation of $3.1M as Chairman of the Board, Chief Executive Officer and President at Ultra Petroleum.

Ranking3,096 out of 13,574
Percentile77.2%

Michael D. Watford's 2015 compensation ranked 3,096th out of 13,574 executive pay records tracked by us this year.

Watford earned more than 77.2% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking103 out of 307
Percentile66.4%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 103rd out of 307 executive pay records tracked by us in 2015.

Watford earned more than 66.4% of executives in this group.

Non-Equity Incentive Plan$1,200,000
Salary$800,000
Stock Awards$1,020,000
Other$40,718
Total$3,060,718

Watford received $1.2M in non-equity incentive plan, which accounts for 39.21% of total compensation.

Watford also received $800K in salary, $1M in stock awards and $40.7K in other compensation.

2014

In 2014, Michael D. Watford earned a total compensation of $3.4M as Chairman of the Board, Chief Executive Officer and President at Ultra Petroleum.

Ranking2,621 out of 12,876
Percentile79.6%

Michael D. Watford's 2014 compensation ranked 2,621st out of 12,876 executive pay records tracked by us this year.

Watford earned more than 79.6% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking109 out of 322
Percentile66.1%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 109th out of 322 executive pay records tracked by us in 2014.

Watford earned more than 66.1% of executives in this group.

Non-Equity Incentive Plan$1,500,000
Salary$800,000
Stock Awards$1,020,000
Other$40,145
Total$3,360,145

Watford received $1.5M in non-equity incentive plan, which accounts for 44.64% of total compensation.

Watford also received $800K in salary, $1M in stock awards and $40.1K in other compensation.

2013

In 2013, Michael D. Watford earned a total compensation of $3.5M as Chairman of the Board, Chief Executive Officer and President at Ultra Petroleum.

Ranking2,105 out of 11,965
Percentile82.4%

Michael D. Watford's 2013 compensation ranked 2,105th out of 11,965 executive pay records tracked by us this year.

Watford earned more than 82.4% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking89 out of 307
Percentile71.0%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 89th out of 307 executive pay records tracked by us in 2013.

Watford earned more than 71.0% of executives in this group.

Non-Equity Incentive Plan$1,600,000
Salary$800,000
Stock Awards$1,020,000
Other$40,099
Total$3,460,099

Watford received $1.6M in non-equity incentive plan, which accounts for 46.24% of total compensation.

Watford also received $800K in salary, $1M in stock awards and $40.1K in other compensation.

2012

In 2012, Michael D. Watford earned a total compensation of $3.5M as Chairman of the Board, Chief Executive Officer and President at Ultra Petroleum.

Ranking1,924 out of 10,951
Percentile82.4%

Michael D. Watford's 2012 compensation ranked 1,924th out of 10,951 executive pay records tracked by us this year.

Watford earned more than 82.4% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking77 out of 292
Percentile73.6%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 77th out of 292 executive pay records tracked by us in 2012.

Watford earned more than 73.6% of executives in this group.

Non-Equity Incentive Plan$1,600,000
Salary$800,000
Stock Awards$1,020,000
Other$42,826
Total$3,462,826

Watford received $1.6M in non-equity incentive plan, which accounts for 46.21% of total compensation.

Watford also received $800K in salary, $1M in stock awards and $42.8K in other compensation.

2011

In 2011, Michael D. Watford earned a total compensation of $5.8M as Chairman of the Board, Chief Executive Officer and President at Ultra Petroleum.

Ranking849 out of 10,040
Percentile91.5%

Michael D. Watford's 2011 compensation ranked 849th out of 10,040 executive pay records tracked by us this year.

Watford earned more than 91.5% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking41 out of 267
Percentile84.6%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 41st out of 267 executive pay records tracked by us in 2011.

Watford earned more than 84.6% of executives in this group.

Bonus$475,000
Non-Equity Incentive Plan$1,450,000
Salary$725,000
Stock Awards$3,081,250
Other$46,267
Total$5,777,517

Watford received $3.1M in stock awards, which accounts for 53.33% of total compensation.

Watford also received $475K in bonus, $1.5M in non-equity incentive plan, $725K in salary and $46.3K in other compensation.

2010

In 2010, Michael D. Watford earned a total compensation of $5.4M as Chairman of the Board, Chief Executive Officer and President at Ultra Petroleum.

Ranking887 out of 9,488
Percentile90.7%

Michael D. Watford's 2010 compensation ranked 887th out of 9,488 executive pay records tracked by us this year.

Watford earned more than 90.7% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking32 out of 234
Percentile86.3%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 32nd out of 234 executive pay records tracked by us in 2010.

Watford earned more than 86.3% of executives in this group.

Bonus$300,000
Non-Equity Incentive Plan$1,450,000
Salary$725,000
Stock Awards$2,900,000
Other$31,997
Total$5,406,997

Watford received $2.9M in stock awards, which accounts for 53.63% of total compensation.

Watford also received $300K in bonus, $1.5M in non-equity incentive plan, $725K in salary and $32K in other compensation.

2009

In 2009, Michael D. Watford earned a total compensation of $6.6M as Chairman, Chief Executive Officer and President at Ultra Petroleum.

Ranking447 out of 8,717
Percentile94.9%

Michael D. Watford's 2009 compensation ranked 447th out of 8,717 executive pay records tracked by us this year.

Watford earned more than 94.9% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking17 out of 194
Percentile91.2%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 17th out of 194 executive pay records tracked by us in 2009.

Watford earned more than 91.2% of executives in this group.

Bonus$2,000,000
Salary$725,000
Stock Awards$3,800,000
Other$31,989
Total$6,556,989

Watford received $3.8M in stock awards, which accounts for 57.95% of total compensation.

Watford also received $2M in bonus, $725K in salary and $32K in other compensation.

2008

In 2008, Michael D. Watford earned a total compensation of $4.2M as Chairman, Chief Executive Officer and President at Ultra Petroleum.

Ranking922 out of 7,751
Percentile88.1%

Michael D. Watford's 2008 compensation ranked 922nd out of 7,751 executive pay records tracked by us this year.

Watford earned more than 88.1% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking22 out of 154
Percentile85.7%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 22nd out of 154 executive pay records tracked by us in 2008.

Watford earned more than 85.7% of executives in this group.

Bonus$1,750,000
Option Awards$900,000
Salary$600,000
Stock Awards$960,000
Other$29,670
Total$4,239,670

Watford received $1.8M in bonus, which accounts for 41.28% of total compensation.

Watford also received $900K in option awards, $600K in salary, $960K in stock awards and $29.7K in other compensation.

2007

In 2007, Michael D. Watford earned a total compensation of $3.9M as Chairman, Chief Executive Officer and President at Ultra Petroleum.

Ranking968 out of 7,022
Percentile86.2%

Michael D. Watford's 2007 compensation ranked 968th out of 7,022 executive pay records tracked by us this year.

Watford earned more than 86.2% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking18 out of 143
Percentile87.4%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 18th out of 143 executive pay records tracked by us in 2007.

Watford earned more than 87.4% of executives in this group.

Bonus$1,500,000
Option Awards$900,000
Salary$587,500
Stock Awards$900,000
Other$29,420
Total$3,916,920

Watford received $1.5M in bonus, which accounts for 38.30% of total compensation.

Watford also received $900K in option awards, $587.5K in salary, $900K in stock awards and $29.4K in other compensation.

2006

In 2006, Michael D. Watford earned a total compensation of $5M as Chairman, Chief Executive Officer and President at Ultra Petroleum.

Ranking491 out of 5,396
Percentile90.9%

Michael D. Watford's 2006 compensation ranked 491st out of 5,396 executive pay records tracked by us this year.

Watford earned more than 90.9% of all executives tracked by us in 2018.

Industry groupCrude Petroleum And Natural Gas
Ranking11 out of 144
Percentile92.4%

In the industry group of Crude Petroleum And Natural Gas, Watford's pay ranked 11th out of 144 executive pay records tracked by us in 2006.

Watford earned more than 92.4% of executives in this group.

Bonus$500,000
Option Awards$468,677
Salary$493,750
Stock Awards$3,554,900
Other$28,770
Total$5,046,097

Watford received $3.6M in stock awards, which accounts for 70.45% of total compensation.

Watford also received $500K in bonus, $468.7K in option awards, $493.8K in salary and $28.8K in other compensation.