Comet Ridge Limited

ASX:COI Stock Report

Market Cap: AU$161.0m

Comet Ridge Management

Management criteria checks 4/4

Comet Ridge's CEO is Tor McCaul, appointed in Apr 2009, has a tenure of 15.75 years. total yearly compensation is A$581.41K, comprised of 76.8% salary and 23.2% bonuses, including company stock and options. directly owns 0.97% of the company’s shares, worth A$1.57M. The average tenure of the management team and the board of directors is 13.8 years and 15.8 years respectively.

Key information

Tor McCaul

Chief executive officer

AU$581.4k

Total compensation

CEO salary percentage76.8%
CEO tenure15.8yrs
CEO ownership1.0%
Management average tenure13.8yrs
Board average tenure15.8yrs

Recent management updates

Recent updates

Is Comet Ridge (ASX:COI) Using Too Much Debt?

Nov 23
Is Comet Ridge (ASX:COI) Using Too Much Debt?

Is Comet Ridge (ASX:COI) Using Too Much Debt?

Mar 16
Is Comet Ridge (ASX:COI) Using Too Much Debt?

We're Not Very Worried About Comet Ridge's (ASX:COI) Cash Burn Rate

Feb 02
We're Not Very Worried About Comet Ridge's (ASX:COI) Cash Burn Rate

We're Hopeful That Comet Ridge (ASX:COI) Will Use Its Cash Wisely

Sep 29
We're Hopeful That Comet Ridge (ASX:COI) Will Use Its Cash Wisely

How Much Is Comet Ridge's (ASX:COI) CEO Getting Paid?

Dec 31
How Much Is Comet Ridge's (ASX:COI) CEO Getting Paid?

CEO Compensation Analysis

How has Tor McCaul's remuneration changed compared to Comet Ridge's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$581kAU$446k

-AU$7m

Mar 31 2024n/an/a

-AU$8m

Dec 31 2023n/an/a

-AU$9m

Sep 30 2023n/an/a

-AU$8m

Jun 30 2023AU$591kAU$444k

-AU$7m

Mar 31 2023n/an/a

-AU$8m

Dec 31 2022n/an/a

-AU$10m

Sep 30 2022n/an/a

-AU$9m

Jun 30 2022AU$532kAU$408k

-AU$9m

Mar 31 2022n/an/a

-AU$8m

Dec 31 2021n/an/a

-AU$6m

Sep 30 2021n/an/a

-AU$7m

Jun 30 2021AU$451kAU$389k

-AU$7m

Mar 31 2021n/an/a

-AU$9m

Dec 31 2020n/an/a

-AU$11m

Sep 30 2020n/an/a

-AU$11m

Jun 30 2020AU$433kAU$349k

-AU$10m

Mar 31 2020n/an/a

-AU$7m

Dec 31 2019n/an/a

-AU$4m

Sep 30 2019n/an/a

-AU$4m

Jun 30 2019AU$408kAU$380k

-AU$4m

Mar 31 2019n/an/a

-AU$4m

Dec 31 2018n/an/a

-AU$3m

Sep 30 2018n/an/a

-AU$3m

Jun 30 2018AU$542kAU$378k

-AU$2m

Compensation vs Market: Tor's total compensation ($USD359.78K) is about average for companies of similar size in the Australian market ($USD282.85K).

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

CEO

Tor McCaul

15.8yrs

Tenure

AU$581,410

Compensation

Mr. Tor McCaul, B.E. (Hons/Petroleum), B.Econ, MBA, has been Managing Director of Comet Ridge Limited since April 16, 2009. Mr. McCaul has extensive oil and gas experience. Mr. McCaul served as Chief Execu...

Leadership Team

NamePositionTenureCompensationOwnership
Tor McCaul
MD & Director15.8yrsAU$581.41k0.97%
A$ 1.6m
Christopher John Pieters
Executive Director9.6yrsAU$82.11k0.14%
A$ 228.5k
Phil Hicks
Chief Financial Officer4.5yrsno datano data
Dale Aaskow
Chief Operating Officer13.8yrsAU$212.08kno data
Ashley Edgar
General Manager of Exploration & Sub-Surfaceno datano datano data
Stephen Rodgers
Company Secretary15.8yrsAU$209.53kno data

13.8yrs

Average Tenure

Experienced Management: COI's management team is seasoned and experienced (13.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Tor McCaul
MD & Director15.8yrsAU$581.41k0.97%
A$ 1.6m
Christopher John Pieters
Executive Director15.8yrsAU$82.11k0.14%
A$ 228.5k
Gillian Swaby
Non-Executive Director21yrsAU$92.25k0.027%
A$ 42.8k
James Allan McKay
Non-Executive Chairman15.8yrsAU$161.18k3.43%
A$ 5.5m
Shaun Scott
Independent Non-Executive Director5.3yrsAU$90.22k0.093%
A$ 150.5k
James Riley
Independent Non-Executive Director5.8yrsAU$93.26k0.077%
A$ 123.4k

15.8yrs

Average Tenure

57.5yo

Average Age

Experienced Board: COI's board of directors are seasoned and experienced ( 15.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 00:23
End of Day Share Price 2025/01/10 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Comet Ridge Limited is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stuart HoweBell Potter
James BullenCanaccord Genuity
Adrian PrendergastMorgans Financial Limited