Baytex Energy Management
Management criteria checks 3/4
Baytex Energy's CEO is Eric Greager, appointed in Nov 2022, has a tenure of 2.08 years. total yearly compensation is CA$3.55M, comprised of 16.2% salary and 83.8% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth CA$3.84M. The average tenure of the management team and the board of directors is 2.1 years and 4.4 years respectively.
Key information
Eric Greager
Chief executive officer
CA$3.5m
Total compensation
| CEO salary percentage | 16.2% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.1yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
Baytex Energy's (TSE:BTE) Dividend Will Be CA$0.0225
Dec 04
Baytex Energy (TSE:BTE) Is Paying Out A Dividend Of CA$0.0225
Nov 07Investors Aren't Buying Baytex Energy Corp.'s (TSE:BTE) Revenues
Nov 04Baytex Energy (TSE:BTE) Has Affirmed Its Dividend Of CA$0.0225
Aug 19Baytex Energy (TSE:BTE) Is Paying Out A Dividend Of CA$0.0225
Jul 30Baytex Energy Corp.'s (TSE:BTE) Revenues Are Not Doing Enough For Some Investors
Jul 15Market Might Still Lack Some Conviction On Baytex Energy Corp. (TSE:BTE) Even After 25% Share Price Boost
Apr 11Baytex Energy Corp. (TSE:BTE) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 28Is Baytex Energy (TSE:BTE) A Risky Investment?
Nov 29Baytex Energy Corp.'s (TSE:BTE) Intrinsic Value Is Potentially 63% Above Its Share Price
Nov 08We Think Baytex Energy (TSE:BTE) Is Taking Some Risk With Its Debt
Aug 31Baytex Energy (TSE:BTE) Takes On Some Risk With Its Use Of Debt
Apr 08New Forecasts: Here's What Analysts Think The Future Holds For Baytex Energy Corp. (TSE:BTE)
Mar 03Are Baytex Energy Corp. (TSE:BTE) Investors Paying Above The Intrinsic Value?
Dec 27Here's Why Baytex Energy (TSE:BTE) Can Manage Its Debt Responsibly
Dec 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$351m |
| Jun 30 2024 | n/a | n/a | -CA$409m |
| Mar 31 2024 | n/a | n/a | -CA$299m |
| Dec 31 2023 | CA$4m | CA$575k | -CA$233m |
| Sep 30 2023 | n/a | n/a | CA$745m |
| Jun 30 2023 | n/a | n/a | CA$883m |
| Mar 31 2023 | n/a | n/a | CA$850m |
| Dec 31 2022 | CA$3m | CA$90k | CA$856m |
Compensation vs Market: Eric's total compensation ($USD2.47M) is about average for companies of similar size in the Canadian market ($USD2.15M).
Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.
CEO
Eric Greager (54 yo)
2.1yrs
Tenure
CA$3,548,328
Compensation
Mr. Eric Thomas Greager served as an Independent Director of Amplify Energy Corp. since April 2022. He serves as President, CEO & Director at Baytex Energy Corp. since November 4, 2022. He served as Presid...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.1yrs | CA$3.55m | 0.15% CA$ 3.8m | |
| Executive VP & CFO | 2.1yrs | CA$1.58m | 0.044% CA$ 1.2m | |
| Chief Operating Officer | 3.4yrs | CA$1.75m | 0.065% CA$ 1.7m | |
| Senior VP of Capital Markets & Investor Relations | 10.8yrs | CA$1.12m | 0.045% CA$ 1.2m | |
| Senior VP & GM of Canadian Heavy Oil Operations | 1.5yrs | CA$401.46 | 0.064% CA$ 1.7m | |
| Chief Legal Officer & Corporate Secretary | 6.3yrs | CA$787.79k | 0.011% CA$ 286.5k | |
| VP of Finance & Treasurer | 1.5yrs | no data | 0.0028% CA$ 73.4k |
2.1yrs
Average Tenure
44yo
Average Age
Experienced Management: BTE's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.1yrs | CA$3.55m | 0.15% CA$ 3.8m | |
| Independent Director | 4.8yrs | CA$206.00k | 0.010% CA$ 276.7k | |
| Independent Director | 8.4yrs | CA$205.00k | 0.020% CA$ 538.4k | |
| Independent Director | 6.3yrs | CA$190.00k | 0.032% CA$ 855.8k | |
| Independent Director | 1.5yrs | CA$165.00k | 0.019% CA$ 513.0k | |
| Independent Director | 4.1yrs | CA$200.00k | 0.012% CA$ 305.0k | |
| Independent Director | 1.8yrs | CA$184.80k | 0.0063% CA$ 167.4k | |
| Independent Director | 1.5yrs | CA$166.50k | 0.011% CA$ 283.3k | |
| Independent Director | 5.3yrs | CA$211.00k | 0.021% CA$ 567.7k | |
| Independent Chairman of the Board | 7.1yrs | CA$309.13k | 0.069% CA$ 1.8m |
4.4yrs
Average Tenure
61.5yo
Average Age
Experienced Board: BTE's board of directors are considered experienced (4.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:01 |
| 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 |
| |
| 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
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Analyst Sources
Baytex Energy Corp. is covered by 29 analysts. 5 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 |
| Laique Ahmad Amir Arif | ATB Capital Markets |
| Grant Hofer | Barclays |