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Oasis Petroleum Announces New Executive Compensation Program Better Aligned with Shareholder Interests
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HOUSTON, Jan. 21, 2021 /PRNewswire/ Oasis Petroleum Inc. (Nasdaq: OAS) ( Oasis or the Company ) announced today that its Board of Directors has approved and implemented a peer-leading compensation program specifically designed to better align management compensation with value creation, shareholder interests and the Company s new strategic objectives. Oasis has updated its investor presentation on its website www.oasispetroleum.com to include a summary of the new plan.
Compensation Program Highlights:
Strong pay for performance alignment with equity compensation tied to absolute and relative shareholder returns to be awarded in three equity vehicles;