Empire Petroleum Beheer

Beheer criteriumcontroles 3/4

De CEO Empire Petroleum is Mike Morrisett, benoemd in Jan2015, heeft een ambtstermijn van 9.83 jaar. De totale jaarlijkse vergoeding van { bedraagt $ 541.69K, bestaande uit 48% salaris en 52% bonussen, inclusief aandelen en opties van het bedrijf. bezit rechtstreeks 1.59% van de aandelen van het bedrijf, ter waarde $ 3.05M. De gemiddelde ambtstermijn van het managementteam en de raad van bestuur bedraagt respectievelijk 1.8 jaar en 3.1 jaar.

Belangrijke informatie

Mike Morrisett

Algemeen directeur

US$541.7k

Totale compensatie

Percentage CEO-salaris	48.0%
Dienstverband CEO	9.8yrs
Eigendom CEO	1.6%
Management gemiddelde ambtstermijn	1.8yrs
Gemiddelde ambtstermijn bestuur	3.1yrs

Recente managementupdates

Recent updates

Analyse CEO-vergoeding

Hoe is Mike Morrisett's beloning veranderd ten opzichte van Empire Petroleum's winst?
Datum	Totale vergoeding	Salaris	Bedrijfswinsten
Sep 30 2024	n/a	n/a	-US$17m
Jun 30 2024	n/a	n/a	-US$16m
Mar 31 2024	n/a	n/a	-US$14m
Dec 31 2023	US$542k	US$260k	-US$12m
Sep 30 2023	n/a	n/a	-US$10m
Jun 30 2023	n/a	n/a	-US$7m
Mar 31 2023	n/a	n/a	US$1m
Dec 31 2022	US$1m	US$260k	US$7m
Sep 30 2022	n/a	n/a	US$754k
Jun 30 2022	n/a	n/a	-US$3m
Mar 31 2022	n/a	n/a	-US$14m
Dec 31 2021	US$405k	US$250k	-US$19m
Sep 30 2021	n/a	n/a	-US$24m
Jun 30 2021	n/a	n/a	-US$22m
Mar 31 2021	n/a	n/a	-US$19m
Dec 31 2020	US$1m	US$227k	-US$17m
Sep 30 2020	n/a	n/a	-US$6m
Jun 30 2020	n/a	n/a	-US$5m
Mar 31 2020	n/a	n/a	-US$4m
Dec 31 2019	US$1m	US$216k	-US$7m
Sep 30 2019	n/a	n/a	-US$4m
Jun 30 2019	n/a	n/a	-US$3m
Mar 31 2019	n/a	n/a	-US$1m
Dec 31 2018	US$156k	n/a	-US$1m
Sep 30 2018	n/a	n/a	-US$1m
Jun 30 2018	n/a	n/a	-US$1m
Mar 31 2018	n/a	n/a	-US$972k
Dec 31 2017	US$55k	US$55k	-US$830k

Compensatie versus markt: De totale vergoeding ($USD 541.69K ) Mike } ligt onder het gemiddelde voor bedrijven van vergelijkbare omvang in de US markt ($USD 1.46M ).

Compensatie versus inkomsten: De vergoeding van Mike is het afgelopen jaar in lijn geweest met de bedrijfsprestaties.

CEO

Mike Morrisett (60 yo)

9.8yrs

Tenure

US$541,688

Compensatie

Mr. Michael R. Morrisett, also known as Mike, has been the President and Director of Empire Petroleum Corporation since January 19, 2015 and Treasurer since September 13, 2018 and served as its Chief Accou...

Leiderschapsteam

Naam	Positie	Tenure	Compensatie	Eigendom
Michael Morrisett	CEO, COO	9.8yrs	US$541.69k	1.59% $ 3.0m
Matthew Watson	Chief Accounting Officer	less than a year	geen gegevens	geen gegevens
William West	Senior Vice Presidnet of Operations	1.8yrs	geen gegevens	geen gegevens

1.8yrs

Gemiddelde duur

Ervaren management: Het managementteam van EP wordt niet als ervaren beschouwd (gemiddelde ambtstermijn 1.8 jaar), wat duidt op een nieuw team.

Bestuursleden

Naam	Positie	Tenure	Compensatie	Eigendom
Michael Morrisett	CEO, COO	9.8yrs	US$541.69k	1.59% $ 3.0m
Phil Mulacek	Independent Chairman of the Board	3.1yrs	US$674.50k	15.53% $ 29.9m
Mason Matschke	Independent Director	3.6yrs	US$674.50k	2.23% $ 4.3m
Benjamin Marchive	Independent Director	3.1yrs	US$665.50k	0.15% $ 291.7k
J. Vann	Independent Director	1.6yrs	US$766.10k	0.054% $ 103.6k
Andrew Lewis	Independent Director	2.6yrs	US$665.50k	0.099% $ 190.0k

3.1yrs

Gemiddelde duur

60.5yo

Gemiddelde leeftijd

Ervaren bestuur: De raad van bestuur van EP wordt beschouwd als ervaren (gemiddelde ambtstermijn 3.1 jaar).

Empire Petroleum Beheer

Beheer criteriumcontroles 3/4

Belangrijke informatie

Recente managementupdates

Independent Director exercised options to buy US$206k worth of stock.

Independent Chairman of the Board recently bought US$201k worth of stock

Empire Petroleum Corporation, Annual General Meeting, Jun 14, 2024

CEO, COO exercised options to buy US$341k worth of stock.

Empire Petroleum Corporation Announces Stephen L. Faulkner, Jr. (Larry) Resigns as Chief Accounting Officer

Empire Petroleum Corporation Announces Resignation of Eugene J. Sweeney as Chief Operating Officer

Recent updates

Independent Director exercised options to buy US$206k worth of stock.

Third quarter 2024 earnings released: US$0.12 loss per share (vs US$0.12 loss in 3Q 2023)

Empire Petroleum Corporation has completed a Follow-on Equity Offering in the amount of $10 million.

Second quarter 2024 earnings released: US$0.15 loss per share (vs US$0.11 loss in 2Q 2023)

Independent Chairman of the Board recently bought US$201k worth of stock

New minor risk - Share price stability

First quarter 2024 earnings released: US$0.15 loss per share (vs US$0.11 loss in 1Q 2023)

Empire Petroleum Corporation, Annual General Meeting, Jun 14, 2024

CEO, COO exercised options to buy US$341k worth of stock.

Full year 2023 earnings released: US$0.55 loss per share (vs US$0.34 profit in FY 2022)

Empire Petroleum Corporation Announces Stephen L. Faulkner, Jr. (Larry) Resigns as Chief Accounting Officer

Empire Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $25.000004 million.

Empire Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $25.000004 million.

Empire Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $25.000004 million.

Empire Petroleum Corporation announced that it has received $10.054656 million in funding

Third quarter 2023 earnings released: US$0.12 loss per share (vs US$0.01 profit in 3Q 2022)

New minor risk - Share price stability

Empire Petroleum Commences 2023 Development Program

New major risk - Financial position

Second quarter 2023 earnings released: US$0.11 loss per share (vs US$0.27 profit in 2Q 2022)

Empire Petroleum Corporation (NYSEAM:EP) acquired Additional Interests in Eunice Monument South Unit A, Eunice Monument South Unit B, and Arrowhead Grayburg Unit from Coert Holdings 1 LLC for approximately $6.7 million.

Empire Petroleum Corporation Announces Resignation of Eugene J. Sweeney as Chief Operating Officer

Independent Chairman of the Board recently bought US$229k worth of stock

First quarter 2023 earnings released: US$0.11 loss per share (vs US$0.18 profit in 1Q 2022)

Empire Petroleum Names Stephen Faulkner CFO

Investor sentiment deteriorates as stock falls 16%

High number of new and inexperienced directors

Independent Chairman of the Board recently bought US$942k worth of stock

Third quarter 2022 earnings released: EPS: US$0.01 (vs US$0.23 loss in 3Q 2021)

Empire Petroleum Corporation Resigns as Chief Accounting Officer, Effective November 30, 2022

Empire Petroleum Corporation to Report Q3, 2022 Results on Nov 14, 2022

Independent Chairman of the Board recently bought US$1.6m worth of stock

Second quarter 2022 earnings released: EPS: US$0.27 (vs US$0.35 loss in 2Q 2021)

Empire Petroleum Corporation to Report Q2, 2022 Results on Aug 16, 2022

Empire Petroleum Corporation, Annual General Meeting, Aug 26, 2022

Chairman of the Board recently bought US$714k worth of stock

Insider recently sold US$5.9m worth of stock

First quarter 2022 earnings released: EPS: US$0.18 (vs US$0.13 loss in 1Q 2021)

Empire Petroleum Appoints Andrew Lewis as Board Member

Less than half of directors are independent

Empire Petroleum Corporation (NYSEAM:EP) acquired Operated and Non-operated Oil and Natural Gas Assets in North Dakota.

Full year 2021 earnings released: US$1.27 loss per share (vs US$2.97 loss in FY 2020)

No independent directors

Empire Petroleum Corporation Appoints Eugene Sweeney as Chief Operating Officer

Empire Petroleum Corporation announced delayed 10-Q filing

Empire Petroleum Corporation announced that it has received $0.525 million in funding from Petroleum Independent and Exploration Corporation

Empire Petroleum Corporation announced that it expects to receive $0.525 million in funding from Petroleum Independent and Exploration Corporation

Analyse CEO-vergoeding

CEO

Tenure

Compensatie

Leiderschapsteam

Gemiddelde duur

Bestuursleden

Gemiddelde duur

Gemiddelde leeftijd