Metgasco Limited

ASX:MEL Stock Report

Market Cap: AU$5.8m

Metgasco Management

Management criteria checks 3/4

Metgasco's CEO is Ken Aitken, appointed in Sep 2018, has a tenure of 6.25 years. total yearly compensation is A$262.80K, comprised of 90.1% salary and 9.9% bonuses, including company stock and options. directly owns 0.91% of the company’s shares, worth A$52.91K. The average tenure of the management team and the board of directors is 0.9 years and 3.4 years respectively.

Key information

Ken Aitken

Chief executive officer

AU$262.8k

Total compensation

CEO salary percentage90.1%
CEO tenure6.3yrs
CEO ownership0.9%
Management average tenureless than a year
Board average tenure3.4yrs

Recent management updates

Recent updates

Is Metgasco (ASX:MEL) Weighed On By Its Debt Load?

Mar 21
Is Metgasco (ASX:MEL) Weighed On By Its Debt Load?

CEO Compensation Analysis

How has Ken Aitken's remuneration changed compared to Metgasco's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$263kAU$237k

-AU$13m

Mar 31 2024n/an/a

-AU$7m

Dec 31 2023n/an/a

-AU$594k

Sep 30 2023n/an/a

-AU$1m

Jun 30 2023AU$271kAU$245k

-AU$2m

Mar 31 2023n/an/a

-AU$4m

Dec 31 2022n/an/a

-AU$6m

Sep 30 2022n/an/a

-AU$6m

Jun 30 2022AU$477kAU$269k

-AU$6m

Mar 31 2022n/an/a

-AU$4m

Dec 31 2021n/an/a

-AU$3m

Sep 30 2021n/an/a

-AU$2m

Jun 30 2021AU$333kAU$258k

-AU$1m

Mar 31 2021n/an/a

-AU$4m

Dec 31 2020n/an/a

-AU$7m

Sep 30 2020n/an/a

-AU$7m

Jun 30 2020AU$294kAU$225k

-AU$7m

Mar 31 2020n/an/a

-AU$7m

Dec 31 2019n/an/a

-AU$6m

Sep 30 2019n/an/a

-AU$10m

Jun 30 2019AU$231kAU$170k

-AU$14m

Compensation vs Market: Ken's total compensation ($USD163.42K) is below average for companies of similar size in the Australian market ($USD288.99K).

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

CEO

Ken Aitken

6.3yrs

Tenure

AU$262,800

Compensation

Mr. Ken J. Aitken, BSc, MICD, serves as Managing Director & Director at Metgasco Limited since July 23, 2021. Mr. Aitken had been the Chief Executive Officer at Empire Oil & Gas NL since May 5, 2014 until...

Leadership Team

NamePositionTenureCompensationOwnership
Ken Aitken
MD & Director6.3yrsAU$262.80k0.91%
A$ 52.9k
Harpreet Cheema
Chief Financial Officer1.5yrsno datano data
Henko Vos
Joint Company Secretaryless than a yearno datano data
Flynn Blackburn
Joint Company Secretaryless than a yearno datano data

0.9yrs

Average Tenure

Experienced Management: MEL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ken Aitken
MD & Director3.4yrsAU$262.80k0.91%
A$ 52.9k
Robbert Willink
Independent Non-Executive Director6.8yrsAU$60.00k1.24%
A$ 72.4k
Michael Glennon
Independent Non-Executive Chairmanless than a yearno data14.86%
A$ 866.2k

3.4yrs

Average Tenure

Experienced Board: MEL's board of directors are considered experienced (3.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 16:09
End of Day Share Price 2024/12/27 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

Metgasco Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adrian PrendergastEL&C Baillieu