Birchcliff Energy Management
Management criteria checks 4/4
Birchcliff Energy's CEO is Chris Carlsen, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is CA$1.75M, comprised of 29.8% salary and 70.2% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth CA$1.87M. The average tenure of the management team and the board of directors is 6.5 years and 7.3 years respectively.
Key information
Chris Carlsen
Chief executive officer
CA$1.8m
Total compensation
| CEO salary percentage | 29.8% |
| CEO tenure | 2.9yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6.5yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Return Trends At Birchcliff Energy (TSE:BIR) Aren't Appealing
Nov 29
Investors Still Waiting For A Pull Back In Birchcliff Energy Ltd. (TSE:BIR)
Oct 04Birchcliff Energy (TSE:BIR) Has A Somewhat Strained Balance Sheet
Sep 07Here's What's Concerning About Birchcliff Energy's (TSE:BIR) Returns On Capital
Jun 01We Think Birchcliff Energy (TSE:BIR) Is Taking Some Risk With Its Debt
May 09Birchcliff Energy's (TSE:BIR) Dividend Will Be Reduced To CA$0.10
Feb 22The Returns At Birchcliff Energy (TSE:BIR) Aren't Growing
Feb 09Birchcliff Energy Ltd.'s (TSE:BIR) Business Is Trailing The Industry But Its Shares Aren't
Dec 20Is Birchcliff Energy (TSE:BIR) A Risky Investment?
Nov 11Investors Will Want Birchcliff Energy's (TSE:BIR) Growth In ROCE To Persist
Oct 24A Look At The Intrinsic Value Of Birchcliff Energy Ltd. (TSE:BIR)
Aug 25Here's Why Birchcliff Energy (TSE:BIR) Can Manage Its Debt Responsibly
Aug 04Birchcliff Energy (TSE:BIR) Is Achieving High Returns On Its Capital
Jul 15Birchcliff Energy (TSE:BIR) Ticks All The Boxes When It Comes To Earnings Growth
May 28Some Analysts Just Cut Their Birchcliff Energy Ltd. (TSE:BIR) Estimates
May 13Birchcliff Energy Ltd.'s (TSE:BIR) Intrinsic Value Is Potentially 71% Above Its Share Price
Apr 27Returns On Capital Are A Standout For Birchcliff Energy (TSE:BIR)
Mar 28Birchcliff Energy (TSE:BIR) Has A Pretty Healthy Balance Sheet
Mar 06Birchcliff Energy (TSE:BIR) Will Pay A Larger Dividend Than Last Year At CA$0.20
Feb 17Birchcliff Energy (TSE:BIR) Has Announced That It Will Be Increasing Its Dividend To CA$0.20
Jan 26We Ran A Stock Scan For Earnings Growth And Birchcliff Energy (TSE:BIR) Passed With Ease
Jan 08Investors Shouldn't Overlook Birchcliff Energy's (TSE:BIR) Impressive Returns On Capital
Dec 06Does Birchcliff Energy (TSE:BIR) Have A Healthy Balance Sheet?
Oct 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$15m |
| Jun 30 2024 | n/a | n/a | CA$41m |
| Mar 31 2024 | n/a | n/a | CA$37m |
| Dec 31 2023 | CA$2m | CA$523k | CA$10m |
| Sep 30 2023 | n/a | n/a | CA$85m |
| Jun 30 2023 | n/a | n/a | CA$314m |
| Mar 31 2023 | n/a | n/a | CA$485m |
| Dec 31 2022 | CA$2m | CA$523k | CA$654m |
| Sep 30 2022 | n/a | n/a | CA$690m |
| Jun 30 2022 | n/a | n/a | CA$584m |
| Mar 31 2022 | n/a | n/a | CA$414m |
| Dec 31 2021 | CA$2m | CA$523k | CA$310m |
| Sep 30 2021 | n/a | n/a | CA$245m |
| Jun 30 2021 | n/a | n/a | CA$89m |
| Mar 31 2021 | n/a | n/a | CA$5m |
| Dec 31 2020 | CA$1m | CA$523k | -CA$62m |
| Sep 30 2020 | n/a | n/a | -CA$121m |
| Jun 30 2020 | n/a | n/a | -CA$151m |
| Mar 31 2020 | n/a | n/a | -CA$121m |
| Dec 31 2019 | CA$2m | CA$505k | -CA$60m |
| Sep 30 2019 | n/a | n/a | CA$30m |
| Jun 30 2019 | n/a | n/a | CA$84m |
| Mar 31 2019 | n/a | n/a | CA$100m |
| Dec 31 2018 | CA$1m | CA$481k | CA$98m |
| Sep 30 2018 | n/a | n/a | CA$52m |
| Jun 30 2018 | n/a | n/a | -CA$77m |
| Mar 31 2018 | n/a | n/a | -CA$66m |
| Dec 31 2017 | CA$2m | CA$438k | -CA$51m |
Compensation vs Market: Chris's total compensation ($USD1.22M) is below average for companies of similar size in the Canadian market ($USD1.83M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris Carlsen
2.9yrs
Tenure
CA$1,754,728
Compensation
Mr. Christopher Andrew Carlsen, also known as Chris, is President of Birchcliff Energy Ltd. from January 01, 2022 and served as its Chief Operating Officer since January 01, 2022 until January 1, 2024 and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.9yrs | CA$1.75m | 0.15% CA$ 1.9m | |
| CFO & Executive VP | 20.4yrs | CA$1.90m | 0.31% CA$ 3.9m | |
| Chief Operating Officer | less than a year | no data | no data | |
| Manager of General Accounting | 19.6yrs | no data | no data | |
| Controller & Manager of Investor Relations | 20.2yrs | no data | no data | |
| VP of Legal | 10yrs | no data | 0.0083% CA$ 106.0k | |
| Vice President of Business Development & Marketing | 2.9yrs | no data | 0.030% CA$ 379.7k | |
| Manager of Human Resources & Corporate Services | no data | no data | no data | |
| Manager of Geology | no data | no data | no data | |
| Vice President of Operations | less than a year | no data | no data |
6.5yrs
Average Tenure
Experienced Management: BIR's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Lead Independent Director | 9.6yrs | CA$284.36k | 0.050% CA$ 636.9k | |
| Chairman of the Board | 20.4yrs | CA$4.55m | 0.55% CA$ 7.0m | |
| Non-Independent Director | 7.6yrs | CA$325.08k | 0.84% CA$ 10.7m | |
| Independent Director | 6yrs | CA$293.27k | 0.011% CA$ 141.3k | |
| Independent Director | 1.2yrs | CA$146.53k | 0.063% CA$ 800.7k | |
| Independent Director | 7.1yrs | CA$292.40k | 0.041% CA$ 518.1k |
7.3yrs
Average Tenure
67yo
Average Age
Experienced Board: BIR's board of directors are considered experienced (7.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Birchcliff Energy Ltd. is covered by 28 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 |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Randy Ollenberger | BMO Capital Markets Equity Research |
| Michael Mueller | Canaccord Genuity |