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The bulk of Jim Flores’s compensation was from more than $69 million in stock awards, in addition to a $1.3 million salary and $3.9 million bonus.
Sable Offshore CEO Jim Flores received a $76 million pay package in 2025 despite no crude sales.
KEY POINTS
- Flores's $69 million stock award dwarfed compensation for Exxon and Chevron CEOs, whose firms were profitable.
- Sable's share price dropped 61% in 2025 amid delayed production and federal investigation into disclosure practices.
- In March, President Trump used a war-time law to force Sable's oil production, overruling California opposition.
- Sable paid $540,000 to Holland & Knight, a law firm linked to the White House, in early 2026.
COMPANIES
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