Empire Energy Group Limited

ASX:EEG Stock Report

Market Cap: AU$203.5m

Empire Energy Group Management

Management criteria checks 3/4

Empire Energy Group's CEO is Alex Underwood, appointed in Aug 2018, has a tenure of 6.25 years. total yearly compensation is A$649.48K, comprised of 69.2% salary and 30.8% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth A$549.99K. The average tenure of the management team and the board of directors is 2.5 years and 4.5 years respectively.

Key information

Alex Underwood

Chief executive officer

AU$649.5k

Total compensation

CEO salary percentage69.2%
CEO tenure6.3yrs
CEO ownership0.3%
Management average tenure2.5yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Is Empire Energy Group (ASX:EEG) Using Debt Sensibly?

Dec 05
Is Empire Energy Group (ASX:EEG) Using Debt Sensibly?

Is Empire Energy Group (ASX:EEG) A Risky Investment?

Jun 01
Is Empire Energy Group (ASX:EEG) A Risky Investment?

Shareholders May Be More Conservative With Empire Energy Group Limited's (ASX:EEG) CEO Compensation For Now

May 20
Shareholders May Be More Conservative With Empire Energy Group Limited's (ASX:EEG) CEO Compensation For Now

Is Empire Energy Group (ASX:EEG) Using Too Much Debt?

Apr 01
Is Empire Energy Group (ASX:EEG) Using Too Much Debt?

Can You Imagine How Empire Energy Group's (ASX:EEG) Shareholders Feel About The 89% Share Price Increase?

Jan 28
Can You Imagine How Empire Energy Group's (ASX:EEG) Shareholders Feel About The 89% Share Price Increase?

CEO Compensation Analysis

How has Alex Underwood's remuneration changed compared to Empire Energy Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-AU$24m

Mar 31 2024n/an/a

-AU$23m

Dec 31 2023AU$649kAU$450k

-AU$22m

Sep 30 2023n/an/a

-AU$15m

Jun 30 2023n/an/a

-AU$10m

Mar 31 2023n/an/a

-AU$8m

Dec 31 2022AU$714kAU$406k

-AU$6m

Sep 30 2022n/an/a

-AU$7m

Jun 30 2022n/an/a

-AU$7m

Mar 31 2022n/an/a

-AU$9m

Dec 31 2021AU$690kAU$369k

-AU$11m

Sep 30 2021n/an/a

-AU$10m

Jun 30 2021n/an/a

-AU$8m

Mar 31 2021n/an/a

-AU$8m

Dec 31 2020AU$721kAU$369k

-AU$8m

Sep 30 2020n/an/a

-AU$12m

Jun 30 2020n/an/a

-AU$17m

Mar 31 2020n/an/a

-AU$17m

Dec 31 2019AU$569kAU$398k

-AU$17m

Jun 30 2019n/an/a

-AU$9m

Mar 31 2019n/an/a

-AU$8m

Dec 31 2018AU$379kAU$298k

-AU$7m

Compensation vs Market: Alex's total compensation ($USD423.06K) is above average for companies of similar size in the Australian market ($USD298.55K).

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

CEO

Alex Underwood (41 yo)

6.3yrs

Tenure

AU$649,478

Compensation

Mr. Alexander Underwood LLB, BCom (Hons), also known as Alex, has been Chief Executive Officer and Managing Director of Empire Energy Group Limited since August 2018 and serves as its Director. He joined t...

Leadership Team

NamePositionTenureCompensationOwnership
Alexander Underwood
CEO, MD & Director6.3yrsAU$649.48k0.27%
A$ 550.0k
Robin Polson
Chief Financial Officer2.3yrsAU$420.10kno data
Chris White
Chief Operating Officerless than a yearno datano data
Alex Bruce
Chief Geoscientist4.7yrsno datano data
Ben Johnston
Company Secretary & VP of Business Development2.5yrsAU$273.62kno data

2.5yrs

Average Tenure

Experienced Management: EEG's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Alexander Underwood
CEO, MD & Director6.3yrsAU$649.48k0.27%
A$ 550.0k
Louis Rozman
Independent Non-Executive Director3.7yrsAU$38.68k0.083%
A$ 168.0k
Peter Cleary
Independent Chairman4.5yrsAU$63.57k0.16%
A$ 333.9k
John Warburton
Independent Non-Executive Director5.8yrsAU$85.18k0.14%
A$ 275.5k
Karen Green
Independent Non-Executive Directorless than a yearno data0.061%
A$ 125.0k

4.5yrs

Average Tenure

65yo

Average Age

Experienced Board: EEG's board of directors are considered experienced (4.5 years average tenure).