100 Best Companies 2020-Hilcorp
Courtesy of HilcorpCourtesy of Hilcorp

    The largest privately held oil and natural-gas production company in the U.S., Hilcorp challenges its employees to think in terms of Big Hairy Audacious Goals, the lofty performance goals it sets every five years. For every BHAG met, employees are rewarded with significant cash bonuses and even new cars. To meet these goals, CEO Greg Lalicker believes, total transparency is a must, from frontline employees to the CFO. All financials, cash flow, investments, oil- and gas-price impacts, BHAG progress reports, and other critical information are shared in monthly, companywide “lifting cost" meetings. “It blows your mind to be in your first lifting-cost meeting and hear supersecret information,” recalls one new hire. Read the Great Place to Work review.

    Company Info

    Rank last year-
    Years on list7
    HQ locationHouston
    Job openings (as of February 2020)15
    IndustryManufacturing & Production
    Revenue, 2019 or most recent year ($M)$3,990
    Year founded1989
    Type of organizationPrivate
    Number of work sites30


    100% health coverageNo
    Unlimited sick daysNo
    Job sharingNo
    Subsidized childcareNo
    Compressed work weeksNo
    Fully-paid sabbaticalsNo
    On-site fitness/subsidized gymYes
    On-site medical care facilityYes
    Non-discrimination policy includes sexual orientationYes
    Health insurance for part-timersYes
    Sick days for part-timersNo
    College tuition reimbursementYes
    Student loan debt repaymentNo
    Medical facility at all locationsNo


    % Women20.2%
    % Minorities20%
    % African-American/Black3.6%
    % Asian2.5%
    % Caucasian/White74.3%
    % Hispanic/Latino9.1%
    % Native American/Alaska Native3.1%
    % Native Hawaiian/Pacific Islander0.3%
    % Two or more races1.4%
    % Unknown ethnicity5.6%
    Date info providedAug. 27, 2019

    Paid Time Off

    PTO limit (days)30
    # Sick days-


    Most common job (for salaried employee)-
    Avg. base pay (salaried)-
    Avg. extra compensation (salaried)-
    Total pay for most common job (salaried)-

    Hiring/Staffing (Past 12 Months)

    Full-time and part-time job growth-
    # of job applicants8,183
    Avg. # of applicants per opening9
    # New graduates hired6