The highest-paid executive in Houston last year was revealed to be the CEO of an oil company that sold no crude.
James ‘Jim’ Flores is the chairman and chief executive of Sable Offshore, and earned $76 million in 2025, securities filings obtained by the Houston Chronicle revealed.
However, the company, based in Texas but operating pipelines in California, sold no crude last year and reported a net loss of about $410.2 million…