Advantage Energy Management
Management criteria checks 3/4
Advantage Energy's CEO is Mike Belenkie, appointed in Nov 2019, has a tenure of 4.42 years. total yearly compensation is CA$2.59M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 0.62% of the company’s shares, worth CA$10.39M. The average tenure of the management team and the board of directors is 6 years and 2.9 years respectively.
Key information
Mike Belenkie
Chief executive officer
CA$2.6m
Total compensation
| CEO salary percentage | 17.0% |
| CEO tenure | 4.4yrs |
| CEO ownership | 0.6% |
| Management average tenure | 6yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
Is Advantage Energy (TSE:AAV) A Risky Investment?
Apr 10
Investors Don't See Light At End Of Advantage Energy Ltd.'s (TSE:AAV) Tunnel
Feb 12A Look At The Fair Value Of Advantage Energy Ltd. (TSE:AAV)
Jan 28Here's Why Advantage Energy (TSE:AAV) Has A Meaningful Debt Burden
Nov 01Is There An Opportunity With Advantage Energy Ltd.'s (TSE:AAV) 48% Undervaluation?
Sep 16We Think Advantage Energy (TSE:AAV) Can Stay On Top Of Its Debt
May 19An Intrinsic Calculation For Advantage Energy Ltd. (TSE:AAV) Suggests It's 39% Undervalued
Feb 21Advantage Energy (TSE:AAV) Has A Pretty Healthy Balance Sheet
Jan 30Here's Why We Think Advantage Energy (TSE:AAV) Might Deserve Your Attention Today
Dec 30Advantage Energy (TSE:AAV) Seems To Use Debt Quite Sensibly
Oct 10We Ran A Stock Scan For Earnings Growth And Advantage Energy (TSE:AAV) Passed With Ease
Aug 23Advantage Energy (TSE:AAV) Has A Pretty Healthy Balance Sheet
Jul 06Estimating The Fair Value Of Advantage Energy Ltd. (TSE:AAV)
Apr 14We Believe Advantage Energy's (TSE:AAV) Earnings Are A Poor Guide For Its Profitability
Mar 03Advantage Energy (TSE:AAV) Seems To Use Debt Quite Sensibly
Jan 20An Intrinsic Calculation For Advantage Energy Ltd. (TSE:AAV) Suggests It's 25% Undervalued
Dec 03Here's Why Advantage Energy (TSE:AAV) Can Manage Its Debt Responsibly
Aug 25Is Advantage Oil & Gas (TSE:AAV) Using Too Much Debt?
May 26Here's Why Shareholders Should Examine Advantage Oil & Gas Ltd.'s (TSE:AAV) CEO Compensation Package More Closely
Apr 30Estimating The Fair Value Of Advantage Oil & Gas Ltd. (TSE:AAV)
Apr 28Advantage Oil & Gas Ltd. (TSE:AAV) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Feb 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$3m | CA$442k | CA$102m |
| Sep 30 2023 | n/a | n/a | CA$175m |
| Jun 30 2023 | n/a | n/a | CA$187m |
| Mar 31 2023 | n/a | n/a | CA$349m |
| Dec 31 2022 | CA$3m | CA$400k | CA$339m |
| Sep 30 2022 | n/a | n/a | CA$585m |
| Jun 30 2022 | n/a | n/a | CA$587m |
| Mar 31 2022 | n/a | n/a | CA$432m |
| Dec 31 2021 | CA$2m | CA$355k | CA$412m |
| Sep 30 2021 | n/a | n/a | CA$76m |
| Jun 30 2021 | n/a | n/a | CA$11m |
| Mar 31 2021 | n/a | n/a | -CA$18m |
| Dec 31 2020 | CA$2m | CA$355k | -CA$284m |
| Sep 30 2020 | n/a | n/a | -CA$310m |
| Jun 30 2020 | n/a | n/a | -CA$315m |
| Mar 31 2020 | n/a | n/a | -CA$292m |
| Dec 31 2019 | CA$2m | CA$340k | -CA$25m |
| Sep 30 2019 | n/a | n/a | CA$2m |
| Jun 30 2019 | n/a | n/a | CA$20m |
| Mar 31 2019 | n/a | n/a | CA$2m |
| Dec 31 2018 | CA$991k | CA$68k | CA$11m |
Compensation vs Market: Mike's total compensation ($USD1.90M) is about average for companies of similar size in the Canadian market ($USD2.26M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Belenkie (48 yo)
4.4yrs
Tenure
CA$2,591,173
Compensation
Mr. Michael E. Belenkie, also known as Mike, P. Eng., B.Sc., serves as President & Chief Executive Officer, Board Member at Entropy Inc. He serves as Chief Executive Officer and Director at Advantage Energ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.4yrs | CA$2.59m | 0.62% CA$ 10.4m | |
| Chief Financial Officer | 10.7yrs | CA$1.62m | 0.64% CA$ 10.8m | |
| VP of Corporate Development | 2.3yrs | CA$930.85k | 0.048% CA$ 810.1k | |
| Senior Vice President | 10.1yrs | CA$1.53m | 0.91% CA$ 15.4m | |
| Vice President of Geosciences | 2.3yrs | CA$939.65k | 0.098% CA$ 1.7m | |
| Vice President of Marketing & Commercial | 6yrs | CA$930.51k | 0.30% CA$ 5.0m | |
| Director of Commodities & Capital Markets | less than a year | no data | no data | |
| Controller | 19.6yrs | no data | no data | |
| Corporate Secretary | 23yrs | no data | no data |
6.0yrs
Average Tenure
54yo
Average Age
Experienced Management: AAV's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | CA$2.59m | 0.62% CA$ 10.4m | |
| Independent Director | less than a year | no data | 0.025% CA$ 418.9k | |
| Director | 17.8yrs | CA$125.00k | 0.44% CA$ 7.4m | |
| Independent Director | 8.9yrs | CA$125.00k | 0.022% CA$ 376.9k | |
| Independent Director | 2.9yrs | CA$125.00k | 0.062% CA$ 1.0m | |
| Independent Chairman of the Board | 16.7yrs | CA$190.00k | 0.041% CA$ 690.5k | |
| Independent Director | 1.5yrs | CA$132.50k | 0% CA$ 0 | |
| Independent Director | 3.8yrs | CA$125.00k | 0.050% CA$ 837.6k | |
| Independent Director | 2.9yrs | CA$130.21k | 0.038% CA$ 638.6k |
2.9yrs
Average Tenure
61yo
Average Age
Experienced Board: AAV's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.