Brookside Energy Management

Management criteria checks 3/4

Brookside Energy's CEO is David Prentice, appointed in Apr 2004, has a tenure of 20.08 years. total yearly compensation is A$276.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.33% of the company’s shares, worth A$1.44M. The average tenure of the management team and the board of directors is 0.4 years and 12.2 years respectively.

Key information

David Prentice

Chief executive officer

AU$276.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	20.1yrs
CEO ownership	2.3%
Management average tenure	less than a year
Board average tenure	12.2yrs

Recent management updates

Recent updates

Returns On Capital Are Showing Encouraging Signs At Brookside Energy (ASX:BRK)

Mar 29

Brookside Energy Limited (ASX:BRK) Shares Fly 27% But Investors Aren't Buying For Growth

Mar 29

CEO Compensation Analysis

How has David Prentice's remuneration changed compared to Brookside Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	AU$276k	AU$276k	AU$17m
Sep 30 2023	n/a	n/a	AU$16m
Jun 30 2023	n/a	n/a	AU$16m
Mar 31 2023	n/a	n/a	AU$15m
Dec 31 2022	AU$1m	AU$276k	AU$15m
Sep 30 2022	n/a	n/a	AU$10m
Jun 30 2022	n/a	n/a	AU$4m
Mar 31 2022	n/a	n/a	AU$700k
Dec 31 2021	AU$1m	AU$204k	-AU$3m
Sep 30 2021	n/a	n/a	-AU$3m
Jun 30 2021	n/a	n/a	-AU$3m
Mar 31 2021	n/a	n/a	-AU$3m
Dec 31 2020	AU$205k	AU$130k	-AU$2m
Sep 30 2020	n/a	n/a	-AU$2m
Jun 30 2020	n/a	n/a	-AU$724k
Mar 31 2020	n/a	n/a	AU$97k
Dec 31 2019	AU$180k	AU$180k	AU$918k
Sep 30 2019	n/a	n/a	AU$107k
Jun 30 2019	n/a	n/a	-AU$703k
Mar 31 2019	n/a	n/a	-AU$960k
Dec 31 2018	AU$180k	AU$180k	-AU$1m
Sep 30 2018	n/a	n/a	-AU$941k
Jun 30 2018	n/a	n/a	-AU$664k
Mar 31 2018	n/a	n/a	-AU$880k
Dec 31 2017	AU$255k	AU$175k	-AU$1m

Compensation vs Market: David's total compensation ($USD181.51K) is below average for companies of similar size in the Australian market ($USD295.42K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Prentice (59 yo)

20.1yrs

Tenure

AU$276,000

Compensation

Mr. David Prentice, Grad. Dip BA, MBA, serves as an Independent Non-Executive Chairman at Noronex Limited since July 1, 2016. Mr. Prentice had been an Independent Non-Executive Director at Comet Resources...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Prentice	CEO, MD & Executive Director	20.1yrs	AU$276.00k	2.33% A$ 1.4m
Shane Gray	Chief Financial Officer	less than a year	no data	no data
Lee Francis	Executive Vice President of Operations	less than a year	AU$359.13k	no data
Christopher Girouard	Executive Vice President of Land & New Ventures	less than a year	AU$424.74k	no data
John Schumer	Executive Vice President of Reservoir Engineering	less than a year	no data	no data
Katherine Garvey	Group Secretary	3.6yrs	no data	no data

0.4yrs

Average Tenure

Experienced Management: BRK's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
David Prentice	CEO, MD & Executive Director	20.1yrs	AU$276.00k	2.33% A$ 1.4m
Michael Fry	Independent Non Executive Chairman	20.1yrs	AU$80.00k	0.59% A$ 364.0k
Richard Homsany	Independent Non-Executive Director	4.3yrs	AU$40.00k	0.10% A$ 62.4k
Christopher Robertson	Independent Non-Executive Director	less than a year	no data	1.69% A$ 1.0m

12.2yrs

Average Tenure

59yo

Average Age

Experienced Board: BRK's board of directors are seasoned and experienced ( 12.2 years average tenure).

Brookside Energy Management

Management criteria checks 3/4

Key information

Recent management updates

Brookside Energy Limited, Annual General Meeting, May 24, 2024

Brookside Energy Limited and Black Mesa Energy, LLC Appoints Shane Gray as Chief Financial Officer

Brookside Energy Limited and Black Mesa Energy, LLC Appoints Shane Gray as Chief Financial Officer

Insufficient new directors

Less than half of directors are independent

Independent Non Executive Chairman exercised options to buy AU$80k worth of stock.

Recent updates

Brookside Energy Limited, Annual General Meeting, May 24, 2024

Returns On Capital Are Showing Encouraging Signs At Brookside Energy (ASX:BRK)

Brookside Energy Limited (ASX:BRK) Shares Fly 27% But Investors Aren't Buying For Growth

Full year 2023 earnings released: EPS: AU$0.003 (vs AU$0.004 in FY 2022)

Brookside Energy Limited to Report Q4, 2023 Results on Feb 06, 2024

New minor risk - Share price stability

New minor risk - Share price stability

Returns on Capital Paint A Bright Future For Brookside Energy (ASX:BRK)

Brookside Energy Limited and Black Mesa Energy, LLC Appoints Shane Gray as Chief Financial Officer

Brookside Energy Limited and Black Mesa Energy, LLC Appoints Shane Gray as Chief Financial Officer

Brookside Energy Limited to Report Q3, 2023 Results on Oct 31, 2023

Brookside Energy Limited to Report Q3, 2023 Results on Oct 31, 2023

First half 2023 earnings released: EPS: AU$0.001 (vs AU$0.001 in 1H 2022)

Brookside Energy (ASX:BRK) Knows How To Allocate Capital Effectively

Full year 2022 earnings released: EPS: AU$0.004 (vs AU$0.001 loss in FY 2021)

Insufficient new directors

Brookside Energy Limited Provides Update on Operations from Brookside's Phase Two Development Drilling in the SWISH Area of Interest

Brookside Energy Limited Announces Wolf Pack Completion Operations Update

Brookside Energy Limited Provides Juanita Well Operations Update

Brookside Energy Limited Provides Wolf Pack Well Completion Operations

Brookside Energy Limited Provides Juanita Well Operations Update

Here's What's Concerning About Brookside Energy's (ASX:BRK) Returns On Capital

Brookside Energy Limited Provides Juanita Well Operations Update

Brookside Energy Limited Provides Wolf Pack Operations Update

Brookside Energy Limited Provides Wolf Pack Operations Update

Brookside Energy Limited Announces Wolf Pack Operations Update

Brookside Energy Limited Provides Wolf Pack Well Operations Report

Brookside Energy Limited Provides Wolf Pack Operations Update

Brookside Energy Limited Provides an Update on Operations from Brookside's Second Well in the SWISH Area of Interest in the World-Class Anadarko Basin

Brookside Energy Limited Provides Updates on Activity Form Expanded Bradbury Area of Interest Located Within the Arbuckle Uplift - Ardmore Basin in Oklahoma

Less than half of directors are independent

Brookside Energy Limited Provides Update on Operations from Brookside's Phase Two Development Drilling in the SWISH Area of Interest

Brookside Energy Limited Provides Update on Juanita Well Operations

Brookside Energy Limited Provides Shareholders and Investors with an Update on Operation

Brookside Energy Limited Announces Flames Well Records Second Highest IP24 in Woodford

Brookside Energy Limited Announces Wolf Pack Well Operations Report

Brookside Energy Limited Provides Update on Activity Form Brookside's Expanded Bradbury Area of Interest Located Within the Arbuckle Uplift Ardmore Basin in Oklahoma

Brookside Energy Limited Provides Update on Operations from Brookside's Phase Two Development Drilling in the SWISH Area of Interest

We Think Brookside Energy (ASX:BRK) Can Stay On Top Of Its Debt

First half 2022 earnings released: EPS: AU$0.001 (vs AU$0.001 loss in 1H 2021)

Brookside Energy Limited Updates on Operations from Brookside's Third Well in the Swish Area of Interest in Anadarko Basin

Brookside Energy Limited Provides Shareholders and Investors with an Update on Operations from Brookside's Second Well in the Swish Area of Interest in the World-Class Anadarko Basin

Independent Non Executive Chairman exercised options to buy AU$80k worth of stock.

CEO, MD & Executive Director exercised options to buy AU$1.4m worth of stock.

Brookside Energy Limited Announces Flames Well Operations Update

Brookside Energy Limited Provides Update on Operations from Brookside's Second Well

Brookside Energy Limited Announces Flames Well Operations Update

Brookside Energy Limited Provides Flames Well Operations Update

Brookside Energy Limited Provides Flames Well Operations Update

Brookside Energy Limited Provides an Update on Operations from It's Second Well in the Swish Area of Interest

Less than half of directors are independent

Brookside Energy Limited Provides Update on Operations from Brookside's Third Well in the SWISH Area of Interest in Anadarko Basin

Brookside Energy Limited Announces Rangers Well in Production

Brookside Energy Limited Announces Flames Well Operations Update

Brookside Energy Limited Provides Rangers Well Operations Update

Full year 2021 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in FY 2020)

Brookside Energy Limited Provides Flames Well Operations Update

Brookside Energy Limited Provides Rangers Well Operations Update

Brookside Energy Limited Provides Rangers Operations Update

Brookside Energy Limited Provides Update on Operations from Brookside's Second Well in the Swish Area of Interest

Brookside Energy Limited provides an update on the completion of its second well in the SWISH Area of Interest

Brookside Energy Limited Reports Flames Well Operations

Brookside Energy Limited Provides Shareholders and Investors with an Update on Operations from Brookside's Second Well in the Swish Area of Interest in the World-Class Anadarko Basin, the High-Impact Rangers 36-25 SXH 1 Well

Brookside Energy Limited Provides Update on Operations from Brookside's Second Well in the SWISH Area of Interest

Brookside Energy Limited Provides Rangers Well Operations Report

Brookside Energy Limited Provides Rangers Well Operations Report

Brookside Energy Limited Announces Rangers Well Operations - Drill Rig Mobilisation

Brookside Energy Limited's Jewell Well Early Flow Exceeds Pre-Drill Estimates

Brookside Energy Limited Announces Jewell Well in Production