Triangle Energy (Global) Management

Management criteria checks 1/4

Triangle Energy (Global)'s CEO is Conrad Todd, appointed in Feb 2022, has a tenure of 2.75 years. total yearly compensation is A$714.96K, comprised of 51.5% salary and 48.5% bonuses, including company stock and options. directly owns 1.27% of the company’s shares, worth A$159.50K. The average tenure of the management team and the board of directors is 2.8 years and 2.8 years respectively.

Key information

Conrad Todd

Chief executive officer

AU$715.0k

Total compensation

CEO salary percentage	51.5%
CEO tenure	2.8yrs
CEO ownership	1.3%
Management average tenure	2.8yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Conrad Todd's remuneration changed compared to Triangle Energy (Global)'s earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$715k	AU$369k	-AU$2m
Dec 31 2023	n/a	n/a	-AU$16m
Sep 30 2023	n/a	n/a	-AU$7m
Jun 30 2023	AU$547k	AU$335k	AU$14m
Mar 31 2023	n/a	n/a	AU$3m
Dec 31 2022	n/a	n/a	AU$6m
Sep 30 2022	n/a	n/a	-AU$1m
Jun 30 2022	AU$348k	AU$126k	-AU$8m

Compensation vs Market: Conrad's total compensation ($USD463.30K) is above average for companies of similar size in the Australian market ($USD298.48K).

Compensation vs Earnings: Conrad's compensation has increased whilst the company is unprofitable.

CEO

Conrad Todd

2.8yrs

Tenure

AU$714,963

Compensation

Mr. Conrad Dante Todd, BSc (Geol), MSc (STRAT) has been Managing Director at Triangle Energy (Global) Limited since February 15, 2022 and has been its Director since February 14, 2022. He serves as Technic...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Conrad Todd	MD & Director	2.8yrs	AU$714.96k	1.27% A$ 159.5k
Marvin Chan	Chief Financial Officer	5yrs	AU$449.21k	0.15% A$ 18.9k
Henko Vos	Joint Company Secretary	2.8yrs	no data	no data
Geraldine Lee Holland	Joint Company Secretary	less than a year	no data	no data

2.8yrs

Average Tenure

Experienced Management: TEG's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Conrad Todd	MD & Director	2.8yrs	AU$714.96k	1.27% A$ 159.5k
Gregory Hancock	Non-Executive Chairman	2.8yrs	AU$139.82k	no data
Michael Collins	Non-Executive Director	2.8yrs	AU$145.36k	0.56% A$ 70.7k

2.8yrs

Average Tenure

Experienced Board: TEG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Triangle Energy (Global) Management

Management criteria checks 1/4

Key information

Recent management updates

Triangle Energy (Global) Limited, Annual General Meeting, Nov 14, 2024

Triangle Energy (Global) Limited Appoints Geraldine Holland as Joint Company Secretary

Triangle Energy (Global) Limited, Annual General Meeting, Apr 04, 2024

Triangle Energy (Global) Limited, Annual General Meeting, Nov 22, 2023

No independent directors

Triangle Energy (Global) Limited, Annual General Meeting, Nov 24, 2022

Recent updates

Triangle Energy (Global) Limited, Annual General Meeting, Nov 14, 2024

New major risk - Negative shareholders equity

Triangle Energy (Global) Limited Appoints Geraldine Holland as Joint Company Secretary

New major risk - Revenue and earnings growth

New major risk - Share price stability

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

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

First half 2024 earnings released: AU$0.004 loss per share (vs AU$0.009 profit in 1H 2023)

New minor risk - Profitability

Triangle Energy (Global) Limited, Annual General Meeting, Apr 04, 2024

Triangle Energy (Global) Limited has filed a Follow-on Equity Offering in the amount of AUD 5.06 million.

Triangle Energy (Global) Limited has filed a Follow-on Equity Offering in the amount of AUD 1.516749 million.

Triangle Energy (Global) Limited Identifies Significant Oil Exploration Potential in Its Perth Basin Acreage

Triangle Energy (Global) Limited, Annual General Meeting, Nov 22, 2023

Full year 2023 earnings released: EPS: AU$0.001 (vs AU$0.007 loss in FY 2022)

First half 2023 earnings released: EPS: AU$0.009 (vs AU$0.001 loss in 1H 2022)

No independent directors

Triangle Energy (Global) Limited, Annual General Meeting, Nov 24, 2022

Triangle Energy (Global) Limited (ASX:TEG) completed the acquisition of Production License L7 (R1) and Exploration Permit EP 437 from Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd for AUD 1.1 million.

Full year 2022 earnings released: AU$0.007 loss per share (vs AU$0.007 loss in FY 2021)

Triangle Energy (Global) Limited (ASX:TEG) agreed to acquire Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd from Key Petroleum Limited (ASX:KEY) for AUD 1,1 Million.

Triangle Energy (Global) SHS to Be Deleted from OTC Equity

Triangle Energy (Global) Limited and Pilot Energy Limited Provide Update on Cliff Head Joint Venture

Triangle Energy (Global) Limited Announces Completion of Perth Basin Permit L7 - 3D Seismic Survey

Triangle Energy (Global) Limited Announces L7 Permit Seismic Survey Commences

No independent directors

Triangle Energy (Global) Limited Reviews and Reworked the Highly Prospective L7 Permit

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Triangle Energy (Global) Limited Appoints Greg Hancock as Non-Executive Chairman of the Company

Triangle Energy (Global) Limited Board Appointments

Triangle Energy (Global) Limited Announces Resignation of Robert Towner as Chief Executive Officer

Full year 2021 earnings released: AU$0.007 loss per share (vs AU$0.011 loss in FY 2020)

Less than half of directors are independent

Triangle Energy (Global) Limited Provides Cliff Head Operations Update

Triangle Energy (Global) Limited Completes Review of the Prospects and Leads Portfolio Within the L7(R1) Licence (L7)

Triangle Energy (Global) Limited has completed a Follow-on Equity Offering in the amount of AUD 0.12 million.

Triangle Energy (Global) Limited announced that it expects to receive AUD 10 million in funding

Triangle Energy (Global) Limited (ASX:TEG) completed the acquisition of 78.75% stake in Offshore Perth Basin exploration permit WA-481-P from Pilot Energy Limited (ASX:PGY).

First half 2021 earnings released: AU$0.011 loss per share (vs AU$0.001 loss in 1H 2020)

Triangle Energy (Global) Limited Provides Cliff Head Resources, Well Planning and Farmout Update

Triangle Energy (Global) Limited (ASX:TEG) entered into a sale and purchase agreement to acquire unknown majority stake in Production Licence L7 (R1) and Exploration Permit EP 437 from Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd for AUD 0.6 million.

Triangle Energy (Global) Limited Announces Update in Relation to BP Kwinana Refinery

Triangle Energy (Global) Limited Announces CH-7 well Workover Complete and Production Resumes

Triangle Energy (Global) Limited Announces Production Resumes

Pilot Energy Limited and Triangle Energy (Global) Ltd Enters into a Joint Venture Agreement

Full year earnings released - AU$0.011 loss per share

Triangle Energy (Global) Limited announced that it has received AUD 2.2004 million in funding

Triangle Energy (Global) Limited announced that it expects to receive AUD 2.2004 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure