Strike Energy Management

Management criteria checks 4/4

Strike Energy's CEO is Stuart Nicholls, appointed in Apr 2017, has a tenure of 7.58 years. total yearly compensation is A$1.40M, comprised of 53.8% salary and 46.2% bonuses, including company stock and options. directly owns 0.42% of the company’s shares, worth A$2.61M. The average tenure of the management team and the board of directors is 7.3 years and 5.9 years respectively.

Key information

Stuart Nicholls

Chief executive officer

AU$1.4m

Total compensation

CEO salary percentage	53.8%
CEO tenure	7.6yrs
CEO ownership	0.4%
Management average tenure	7.3yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

Strike Energy Limited's (ASX:STX) Intrinsic Value Is Potentially 37% Above Its Share Price

Aug 18

Strike Energy Limited (ASX:STX) Shares Could Be 28% Above Their Intrinsic Value Estimate

Apr 21

A Look At The Intrinsic Value Of Strike Energy Limited (ASX:STX)

Jan 06

Is Strike Energy (ASX:STX) A Risky Investment?

Jun 16

Is Strike Energy (ASX:STX) Using Too Much Debt?

Mar 02

CEO Compensation Analysis

How has Stuart Nicholls's remuneration changed compared to Strike Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$1m	AU$753k	AU$9m
Mar 31 2024	n/a	n/a	AU$5m
Dec 31 2023	n/a	n/a	AU$2m
Sep 30 2023	n/a	n/a	-AU$8m
Jun 30 2023	AU$1m	AU$642k	-AU$18m
Mar 31 2023	n/a	n/a	-AU$18m
Dec 31 2022	n/a	n/a	-AU$18m
Sep 30 2022	n/a	n/a	-AU$17m
Jun 30 2022	AU$651k	AU$606k	-AU$16m
Mar 31 2022	n/a	n/a	-AU$16m
Dec 31 2021	n/a	n/a	-AU$16m
Sep 30 2021	n/a	n/a	-AU$5m
Jun 30 2021	AU$2m	AU$558k	AU$7m
Mar 31 2021	n/a	n/a	-AU$36m
Dec 31 2020	n/a	n/a	-AU$79m
Sep 30 2020	n/a	n/a	-AU$88m
Jun 30 2020	AU$969k	AU$512k	-AU$97m
Mar 31 2020	n/a	n/a	-AU$51m
Dec 31 2019	n/a	n/a	-AU$5m
Sep 30 2019	n/a	n/a	-AU$4m
Jun 30 2019	AU$501k	AU$274k	-AU$3m
Mar 31 2019	n/a	n/a	-AU$2m
Dec 31 2018	n/a	n/a	-AU$1m
Sep 30 2018	n/a	n/a	AU$369k
Jun 30 2018	AU$573k	AU$275k	AU$2m

Compensation vs Market: Stuart's total compensation ($USD910.58K) is about average for companies of similar size in the Australian market ($USD910.58K).

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

CEO

Stuart Nicholls

7.6yrs

Tenure

AU$1,400,475

Compensation

Mr. Stuart Nicholls, B.Comm (Acct & Fin), has been the Managing Director and Executive Director of Strike Energy Limited since August 18, 2017 and its Chief Executive Officer since April 10, 2017. Mr. Nich...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stuart Nicholls	MD, CEO & Executive Director	7.6yrs	AU$1.40m	0.42% A$ 2.6m
Justin Ferravant	CFO & Company Secretary	7.3yrs	AU$811.58k	0.35% A$ 2.1m
Kevin Craig	Chief Operating Officer	3.6yrs	AU$758.37k	0.20% A$ 1.2m
Lucy Gauvin	General Counsel	7.6yrs	AU$769.48k	0.14% A$ 854.5k
Anthony Collier	Chief Development & Marketing Officer	3.3yrs	AU$771.95k	no data
Georgina Fraser	Investor Relations Manager	no data	no data	no data

7.3yrs

Average Tenure

Experienced Management: STX's management team is seasoned and experienced (7.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Stuart Nicholls	MD, CEO & Executive Director	7.3yrs	AU$1.40m	0.42% A$ 2.6m
Stephen Bizzell	Non-Executive Director	5.9yrs	AU$133.29k	0.55% A$ 3.4m
Andrew Seaton	Non-Executive Director	7.3yrs	AU$151.47k	0.15% A$ 952.5k
Neville Power	Independent Non-Executive Deputy Chairman	5.2yrs	AU$133.29k	0.42% A$ 2.6m
John Poynton	Non-Independent Non-Executive Chairman	7.6yrs	AU$822.20k	0.57% A$ 3.5m
Jillian Hoffmann	Independent Non-Executive Director	1.5yrs	AU$717.24k	0.0087% A$ 53.7k
Mary Hackett	Independent Non-Executive Director	4.1yrs	AU$151.47k	0.029% A$ 178.1k

5.9yrs

Average Tenure

62yo

Average Age

Experienced Board: STX's board of directors are considered experienced (5.9 years average tenure).

Strike Energy Management

Management criteria checks 4/4

Key information

Recent management updates

Strike Energy Limited, Annual General Meeting, Nov 28, 2024

Independent Non-Executive Director recently bought AU$53k worth of stock

Non-Executive Director recently sold AU$284k worth of stock

Non-Independent Non-Executive Chairman recently bought AU$76k worth of stock

MD, CEO & Executive Director recently sold AU$552k worth of stock

Strike Energy Limited, Annual General Meeting, Nov 23, 2023

Recent updates

Consensus EPS estimates fall by 31%

Strike Energy (ASX:STX) Has A Somewhat Strained Balance Sheet

Strike Energy Limited, Annual General Meeting, Nov 28, 2024

New minor risk - Share price stability

Strike Energy Limited to Report Q1, 2025 Results on Oct 24, 2024

New Zealand Oil & Gas Limited, Triangle Energy (Global) Limited and Strike Energy Limited Provides Drilling Update Booth Well in L7 Permit Perth Basin

Independent Non-Executive Director recently bought AU$53k worth of stock

Triangle Energy Global Ltd and New Zealand Oil and Gas Ltd. Commence Drilling of the Booth-1 Well in the North Perth Basin

Non-Executive Director recently sold AU$284k worth of stock

Is Strike Energy (ASX:STX) A Risky Investment?

New minor risk - Share price stability

Non-Independent Non-Executive Chairman recently bought AU$76k worth of stock

Price target decreased by 8.1% to AU$0.47

New major risk - Financial position

Strike Energy Limited to Report Q2, 2024 Results on Jan 29, 2024

Strike Energy Limited to Report Q2, 2024 Results on Jan 29, 2024

Is Strike Energy (ASX:STX) Using Too Much Debt?

Strike Energy Limited Confirms Continuity of South Erregulla Gas Field

Strike Energy Reportedly Out of Race for Oil, Gas Assets

Strike Energy Reportedly Out of Race for Oil, Gas Assets

MD, CEO & Executive Director recently sold AU$552k worth of stock

Strike Energy Limited, Annual General Meeting, Nov 23, 2023

Strike Energy Limited's (ASX:STX) Intrinsic Value Is Potentially 37% Above Its Share Price

New major risk - Financial position

Price target increased by 13% to AU$0.52

Less than half of directors are independent

Strike Energy Limited Provides Update on Eneabba Deep

Strike Energy Limited (ASX:STX) Shares Could Be 28% Above Their Intrinsic Value Estimate

Consensus EPS estimates fall by 11%

A Look At The Intrinsic Value Of Strike Energy Limited (ASX:STX)

Strike Energy Limited Provides Erregulla Domestic Gas Strategy Update

Consensus EPS estimates fall by 75%

Strike Energy Limited Updates on the Forward Drilling Activities At the Broader West Erregulla Gas Field on Behalf of the Ep469 JV

Price target increased to AU$0.44

Strike Energy Limited (ASX:STX) acquired an additional 12.27% stake in Warrego Energy Limited (ASX:WGO) for AUD 50.85 million.

Hancock Energy (PB) Pty Ltd offered to acquire Warrego Energy Limited (ASX:WGO) from the group of shareholders for approximately AUD 280 million.

Hancock Energy (PB) Pty Ltd offered to acquire Warrego Energy Limited (ASX:WGO) from the group of shareholders for approximately AUD 280 million.

Consensus revenue estimates increase by 31%

Strike Energy Limited Identifies Significant Extension of Perth Basin Permian Trend

Strike Energy Limited Announces Independent Certification of South Erregulla Wagina Discovery

Strike Energy Limited Announces Independent Certification of Ocean Hill Gas Resource

Strike Energy Limited, Annual General Meeting, Nov 24, 2022

Strike Energy Limited Provides South Erregulla Update

Strike Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million.

Strike Energy Limited Provides an Update on the Development Activities At the Company's 100% Owned Mid West Low Carbon Manufacturing Precinct

Strike Energy Limited Provides South Erregulla Update

Strike Energy Provides the Final Results of the Flow Testing Activities At WE3 from the West Erregulla Gas Field on Behalf of the EP469 JV

Strike Energy Limited Provides an Interim Update on the Flow Testing Activities at WE3 in the West Erregulla Gas Field

Strike Energy Limited Provides an Update on the Flow Testing Activities At We3

Non-Executive Director exercised options to buy AU$1.5m worth of stock.

Strike Energy Limited Announces Successful Walyering-6 Flow Test

Independent Non-Executive Chairman exercised options to buy AU$1.4m worth of stock.

Strike Energy Limited Provides Update on Results for WE3 At the West Erregulla Gas Field

Strike Energy Limited Provides West Erregulla Update

Strike Energy Limited and Warrego Energy Provide Update on the Appraisal Drilling Activities At the West Erregulla Gas Field

Is Strike Energy (ASX:STX) A Risky Investment?

Non-Executive Director exercised options to buy AU$1.5m worth of stock.

Strike Energy Limited Launches Mid West Low Carbon Manufacturing Precinct

Strike Energy Limited Provides Update on the Production Testing Activities and Operations At 100% Owned South Erregulla Gas Discovery in EP503

Strike Energy Limited Provides West Erregulla Update

Price target increased to AU$0.42

Strike Energy Limited Provides South Erregulla Update

Less than half of directors are independent

Strike Energy Limited Provides an Interim Update on the Testing and Development Activities At the Walyering Gas Field

Strike Energy Limited Provides Walyering Update

Key Executive recently bought AU$1.2m worth of stock

Strike Energy Limited Provides South Erregulla Update

Is Strike Energy (ASX:STX) Using Too Much Debt?

Strike Energy Limited Provides an Update on the Drilling Operations At South Erregulla Target in EP503