Horizon Oil Management
Management criteria checks 3/4
Horizon Oil's CEO is Richard Beament, appointed in Jul 2022, has a tenure of 2.42 years. total yearly compensation is $996.30K, comprised of 35.4% salary and 64.6% bonuses, including company stock and options. directly owns 0.79% of the company’s shares, worth A$2.32M. The average tenure of the management team and the board of directors is 2.4 years and 4.3 years respectively.
Key information
Richard Beament
Chief executive officer
US$996.3k
Total compensation
| CEO salary percentage | 35.4% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.4yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Results: Horizon Oil Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 31
Horizon Oil (ASX:HZN) Could Become A Multi-Bagger
Apr 19Calculating The Fair Value Of Horizon Oil Limited (ASX:HZN)
Feb 01Horizon Oil Limited's (ASX:HZN) 29% Dip In Price Shows Sentiment Is Matching Earnings
Sep 01Horizon Oil (ASX:HZN) Has Debt But No Earnings; Should You Worry?
Feb 26Horizon Oil (ASX:HZN) Share Prices Have Dropped 46% In The Last Year
Dec 15
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | US$996k | US$353k | US$26m |
| Mar 31 2024 | n/a | n/a | US$35m |
| Dec 31 2023 | n/a | n/a | US$43m |
| Sep 30 2023 | n/a | n/a | US$44m |
| Jun 30 2023 | US$1m | US$336k | US$44m |
| Mar 31 2023 | n/a | n/a | US$40m |
| Dec 31 2022 | n/a | n/a | US$35m |
| Sep 30 2022 | n/a | n/a | US$30m |
| Jun 30 2022 | US$539k | US$319k | US$24m |
| Dec 31 2021 | n/a | n/a | US$11m |
| Sep 30 2021 | n/a | n/a | US$8m |
| Jun 30 2021 | US$480k | US$312k | US$5m |
| Dec 31 2020 | n/a | n/a | US$10m |
| Sep 30 2020 | n/a | n/a | US$13m |
| Jun 30 2020 | US$384k | US$294k | US$16m |
| Mar 31 2020 | n/a | n/a | US$19m |
| Dec 31 2019 | n/a | n/a | US$23m |
| Sep 30 2019 | n/a | n/a | US$30m |
| Jun 30 2019 | US$435k | US$304k | US$36m |
Compensation vs Market: Richard's total compensation ($USD996.30K) is above average for companies of similar size in the Australian market ($USD688.78K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Beament
2.4yrs
Tenure
US$996,297
Compensation
Mr. Richard Beament serves as Chief Executive Officer, Managing Director and Director of Horizon Oil Limited since July 01, 2022. He served as Chief Financial Officer at Horizon Oil Ltd since July 1, 2018...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.4yrs | US$996.30k | 0.79% A$ 2.3m | |
| CFO & Assistant Company Secretary | 2.4yrs | US$605.24k | 0.30% A$ 864.4k | |
| Group Chief Operating Officer | 2.4yrs | US$667.72k | 0.36% A$ 1.1m | |
| Company Secretary & Group Tax Manager | 2.4yrs | no data | no data |
2.4yrs
Average Tenure
Experienced Management: HZN's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.4yrs | US$996.30k | 0.79% A$ 2.3m | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Chairman of the Board | 4.3yrs | US$57.94k | no data | |
| Non-Executive Director | 3.4yrs | US$57.94k | no data | |
| Non-Executive Director | 7.8yrs | US$57.94k | 0.061% A$ 180.0k | |
| Non-Executive Independent Director | 8.8yrs | US$57.94k | no data | |
| Alternate Non-Executive Director | 7.8yrs | no data | no data |
4.3yrs
Average Tenure
67yo
Average Age
Experienced Board: HZN's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 21:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| 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
Horizon Oil Limited is covered by 14 analysts. 1 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 |
|---|---|
| Johan Hedstrom | Bell Potter |
| James Bullen | BofA Global Research |
| Alva DeVoy | CGS International |