Even as shareholders and corporate governance experts are decrying Nabors Industries’ $100 million severance for former chief executive Eugene Isenberg, the company history of lavish executive perks are drawing the attention of regulators. Nabors, it seems, may have a private jet problem. In a filing with the Securities and Exchange Commission Wednesday, the oil drilling [...]  More »

A decade ago this month Houston-based Dynegy was in a position to save rival Enron Corp. from collapse. Monday evening some units of the company filed for bankruptcy.  More »

Energy Transfer fought tooth-and-nail with Williams for Southern Union Co. this summer. That doesn’t mean they aren’t willing to make a deal with them, however.  More »

Back in 2007 Nabors Industries Chairman Eugene Isenberg talked to the Houston Chronicle about his pay package, which was eye catching even back then.  More »

The good news is Nabors shareholders will get to vote every year on executive pay at the company. The bad news is the votes can be ignored.  More »

Eugene Isenberg’s $100 million pay deal for stepping down as CEO yet staying on as chairman “defies logic,” says shareholders.  More »

The financial performance for Nabors Industries has underperformed compared to the broader market and other energy firms. The pay package for Chairman Eugene Isenberg — including his $100 million parting gift — is a case of overperformance versus the peers.  More »

You wouldn’t expect Houston’s most over-compensated chief executive to go cheaply into retirement, and Nabors Industries’ Eugene Isenberg didn’t disappoint. As the Chronicle’s Tom Fowler pointed out, Isenberg will get a $100 million cash send off as he relinquishes the CEO title to his hand-picked successor, Anthony Petrello. Isenberg will remain the company’s chairman. Nabors [...]  More »

Eugene Isenberg, the former Chairman and CEO of Nabors Industries, will be paid a $100 million cash bonus as he drops his CEO title.  More »

There used to be a lot of gray area surrounding just how much companies needed to tell their investors about threats from cyber attack. A new interpretation of the existing rules lowers the bar threshold for what needs to be reported significantly.  More »

Dril-Quip co-founder, Chairman and CEO Mike Walker has stepped down from the company unexpectedly, leading analysts to wonder if the company may now become a takeover target.  More »

Sometimes, bankruptcy may be the better option. That seems to be what Dynegy’s bondholders are thinking. Earlier this week they spurned a plan by the struggling Houston-based power company to replace existing bonds with ones that have a lower face value. Fewer than 10 percent of the face value of the existing $1.25 billion worth [...]  More »