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 6.33 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$577.49K. The average tenure of the management team and the board of directors is 2.6 years and 4.6 years respectively.
Key information
Alex Underwood
Chief executive officer
AU$649.5k
Total compensation
| CEO salary percentage | 69.2% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.6yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Is Empire Energy Group (ASX:EEG) Using Debt Sensibly?
Dec 05
Is Empire Energy Group (ASX:EEG) A Risky Investment?
Jun 01Shareholders May Be More Conservative With Empire Energy Group Limited's (ASX:EEG) CEO Compensation For Now
May 20Is Empire Energy Group (ASX:EEG) Using Too Much Debt?
Apr 01Can You Imagine How Empire Energy Group's (ASX:EEG) Shareholders Feel About The 89% Share Price Increase?
Jan 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -AU$24m |
| Mar 31 2024 | n/a | n/a | -AU$23m |
| Dec 31 2023 | AU$649k | AU$450k | -AU$22m |
| Sep 30 2023 | n/a | n/a | -AU$15m |
| Jun 30 2023 | n/a | n/a | -AU$10m |
| Mar 31 2023 | n/a | n/a | -AU$8m |
| Dec 31 2022 | AU$714k | AU$406k | -AU$6m |
| Sep 30 2022 | n/a | n/a | -AU$7m |
| Jun 30 2022 | n/a | n/a | -AU$7m |
| Mar 31 2022 | n/a | n/a | -AU$9m |
| Dec 31 2021 | AU$690k | AU$369k | -AU$11m |
| Sep 30 2021 | n/a | n/a | -AU$10m |
| Jun 30 2021 | n/a | n/a | -AU$8m |
| Mar 31 2021 | n/a | n/a | -AU$8m |
| Dec 31 2020 | AU$721k | AU$369k | -AU$8m |
| Sep 30 2020 | n/a | n/a | -AU$12m |
| Jun 30 2020 | n/a | n/a | -AU$17m |
| Mar 31 2020 | n/a | n/a | -AU$17m |
| Dec 31 2019 | AU$569k | AU$398k | -AU$17m |
| Jun 30 2019 | n/a | n/a | -AU$9m |
| Mar 31 2019 | n/a | n/a | -AU$8m |
| Dec 31 2018 | AU$379k | AU$298k | -AU$7m |
Compensation vs Market: Alex's total compensation ($USD406.20K) is above average for companies of similar size in the Australian market ($USD291.28K).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 6.3yrs | AU$649.48k | 0.27% A$ 577.5k | |
| Chief Financial Officer | 2.4yrs | AU$420.10k | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Geoscientist | 4.8yrs | no data | no data | |
| Company Secretary & VP of Business Development | 2.6yrs | AU$273.62k | no data |
2.6yrs
Average Tenure
Experienced Management: EEG's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 6.3yrs | AU$649.48k | 0.27% A$ 577.5k | |
| Independent Non-Executive Director | 3.8yrs | AU$38.68k | 0.083% A$ 176.4k | |
| Independent Chairman | 4.6yrs | AU$63.57k | 0.16% A$ 350.6k | |
| Independent Non-Executive Director | 5.8yrs | AU$85.18k | 0.14% A$ 289.3k | |
| Independent Non-Executive Director | 1.1yrs | no data | 0.061% A$ 131.3k |
4.6yrs
Average Tenure
65yo
Average Age
Experienced Board: EEG's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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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
Empire Energy Group Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adrian Prendergast | Morgans Financial Limited |
| Andrew Williams | RaaS Advisory Pty Ltd |