121% better to be lucky than good
8 replies (most recent on top)
Nailed it at 156.34%
I heard from people at P66 theirs was 120%. Lowest since it was spun out in 2012.
Target raise for the year 3.5%. but over half from last year.
Midpoint salary ranges increase 2.5%. largest move since COVID.
Taking a wag at some of the numbers my guess is 138-142%. Hopefully it's higher and I'm wrong, but I have a hard time logically getting there.
Looking at the metrics, it might surprise you.
Looks like 100% for barrels (60%)
Just below target on EBITA (18%)
Just below max DCF (38%)
Max or beat max costs (35%)
Wildcard non financial (30%)
Swagged on the non financial as we did well on injuries and environment. No idea on human capital.
My guess is in line with prior years. Call it 150-160% of target.
Not as good as last year!
Does it matter? The top level gets the cream and the bottom dwellers get the leftover cr-p.