CES Energy Solutions Corp.

TSX:CEU Stock Report

Market Cap: CA$2.0b

CES Energy Solutions Management

Management criteria checks 3/4

CES Energy Solutions' CEO is Ken Zinger, appointed in Oct 2021, has a tenure of 3.33 years. total yearly compensation is CA$6.61M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 0.95% of the company’s shares, worth CA$19.07M. The average tenure of the management team and the board of directors is 6.3 years and 6.2 years respectively.

Key information

Ken Zinger

Chief executive officer

CA$6.6m

Total compensation

CEO salary percentage10.6%
CEO tenure3.3yrs
CEO ownership1.0%
Management average tenure6.3yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

Here's Why We Think CES Energy Solutions (TSE:CEU) Might Deserve Your Attention Today

Jan 28
Here's Why We Think CES Energy Solutions (TSE:CEU) Might Deserve Your Attention Today

CES Energy Solutions (TSE:CEU) Could Become A Multi-Bagger

Nov 22
CES Energy Solutions (TSE:CEU) Could Become A Multi-Bagger

Market Still Lacking Some Conviction On CES Energy Solutions Corp. (TSE:CEU)

Oct 19
Market Still Lacking Some Conviction On CES Energy Solutions Corp. (TSE:CEU)

If EPS Growth Is Important To You, CES Energy Solutions (TSE:CEU) Presents An Opportunity

Sep 25
If EPS Growth Is Important To You, CES Energy Solutions (TSE:CEU) Presents An Opportunity

CES Energy Solutions Corp. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Aug 11
CES Energy Solutions Corp. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

CES Energy Solutions (TSE:CEU) Is Investing Its Capital With Increasing Efficiency

Aug 09
CES Energy Solutions (TSE:CEU) Is Investing Its Capital With Increasing Efficiency

Is There An Opportunity With CES Energy Solutions Corp.'s (TSE:CEU) 33% Undervaluation?

Jul 19
Is There An Opportunity With CES Energy Solutions Corp.'s (TSE:CEU) 33% Undervaluation?

CES Energy Solutions (TSE:CEU) Is Due To Pay A Dividend Of CA$0.03

Jun 16
CES Energy Solutions (TSE:CEU) Is Due To Pay A Dividend Of CA$0.03

CES Energy Solutions (TSE:CEU) Is Paying Out A Dividend Of CA$0.03

May 28
CES Energy Solutions (TSE:CEU) Is Paying Out A Dividend Of CA$0.03

CES Energy Solutions Corp. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

May 11
CES Energy Solutions Corp. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Why The 21% Return On Capital At CES Energy Solutions (TSE:CEU) Should Have Your Attention

Apr 30
Why The 21% Return On Capital At CES Energy Solutions (TSE:CEU) Should Have Your Attention

CES Energy Solutions' (TSE:CEU) Upcoming Dividend Will Be Larger Than Last Year's

Mar 14
CES Energy Solutions' (TSE:CEU) Upcoming Dividend Will Be Larger Than Last Year's

We Ran A Stock Scan For Earnings Growth And CES Energy Solutions (TSE:CEU) Passed With Ease

Mar 02
We Ran A Stock Scan For Earnings Growth And CES Energy Solutions (TSE:CEU) Passed With Ease

CES Energy Solutions Corp. (TSE:CEU) Shares Could Be 42% Below Their Intrinsic Value Estimate

Feb 06
CES Energy Solutions Corp. (TSE:CEU) Shares Could Be 42% Below Their Intrinsic Value Estimate

CES Energy Solutions (TSE:CEU) Could Become A Multi-Bagger

Jan 16
CES Energy Solutions (TSE:CEU) Could Become A Multi-Bagger

CES Energy Solutions' (TSE:CEU) Dividend Will Be CA$0.025

Sep 19
CES Energy Solutions' (TSE:CEU) Dividend Will Be CA$0.025

Shareholders Would Enjoy A Repeat Of CES Energy Solutions' (TSE:CEU) Recent Growth In Returns

Sep 13
Shareholders Would Enjoy A Repeat Of CES Energy Solutions' (TSE:CEU) Recent Growth In Returns

CES Energy Solutions (TSE:CEU) Is Increasing Its Dividend To CA$0.025

May 25
CES Energy Solutions (TSE:CEU) Is Increasing Its Dividend To CA$0.025

CES Energy Solutions' (TSE:CEU) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 14
CES Energy Solutions' (TSE:CEU) Shareholders Will Receive A Bigger Dividend Than Last Year

CEO Compensation Analysis

How has Ken Zinger's remuneration changed compared to CES Energy Solutions's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$198m

Jun 30 2024n/an/a

CA$190m

Mar 31 2024n/an/a

CA$176m

Dec 31 2023CA$7mCA$700k

CA$155m

Sep 30 2023n/an/a

CA$146m

Jun 30 2023n/an/a

CA$132m

Mar 31 2023n/an/a

CA$118m

Dec 31 2022CA$6mCA$700k

CA$95m

Sep 30 2022n/an/a

CA$80m

Jun 30 2022n/an/a

CA$68m

Mar 31 2022n/an/a

CA$55m

Dec 31 2021CA$3mCA$471k

CA$50m

Sep 30 2021n/an/a

CA$66m

Jun 30 2021n/an/a

CA$40m

Mar 31 2021n/an/a

CA$8m

Dec 31 2020CA$2mCA$367k

-CA$223m

Sep 30 2020n/an/a

-CA$251m

Jun 30 2020n/an/a

-CA$231m

Mar 31 2020n/an/a

-CA$198m

Dec 31 2019CA$3mCA$400k

CA$30m

Sep 30 2019n/an/a

CA$34m

Jun 30 2019n/an/a

CA$32m

Mar 31 2019n/an/a

CA$37m

Dec 31 2018CA$2mCA$400k

CA$48m

Compensation vs Market: Ken's total compensation ($USD4.62M) is above average for companies of similar size in the Canadian market ($USD2.07M).

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

CEO

Ken Zinger (57 yo)

3.3yrs

Tenure

CA$6,610,426

Compensation

Mr. Kenneth E. Zinger, also known as Ken, has been President and Chief Executive Officer at CES Energy Solutions Corp. since October 15, 2021 and also has been its Director since October 29, 2021. He serve...

Leadership Team

NamePositionTenureCompensationOwnership
Kenneth Zinger
President3.3yrsCA$6.61m0.95%
CA$ 19.1m
Anthony Aulicino
Chief Financial Officer6.3yrsCA$4.95m0.45%
CA$ 9.0m
Richard Baxter
President Emeritus & Senior Advisor to AES Drilling Fluids11.1yrsCA$4.96mno data
Vernon Disney
President of US Production Chemicals6.5yrsCA$4.97m0.53%
CA$ 10.6m
Mihir Patel
President of Canadian Drilling Fluidsno dataCA$891.99kno data
Matthew Bell
Director of Legal & Corporate Secretary4.1yrsno data0.0062%
CA$ 124.6k
James Strickland
President of US Drilling Fluidsno datano data0.0041%
CA$ 81.6k
Michael Hallat
President of Sialco Materials Limitedno dataCA$1.05m0%
CA$ 0

6.3yrs

Average Tenure

Experienced Management: CEU's management team is seasoned and experienced (6.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kenneth Zinger
President3.3yrsCA$6.61m0.95%
CA$ 19.1m
Spencer Armour
Independent Director6.2yrsCA$280.92k0.15%
CA$ 3.0m
John Hooks
Independent Director19.2yrsCA$262.00k0.46%
CA$ 9.1m
Kyle Kitagawa
Independent Chairman of the Board19.2yrsCA$261.00k0.58%
CA$ 11.7m
Ian Hardacre
Independent Director3.1yrsCA$251.00k0.089%
CA$ 1.8m
Edwin Wright
Independent Director3.1yrsCA$293.07k0.061%
CA$ 1.2m
Stella Cosby
Independent Director7.4yrsCA$265.50k0.15%
CA$ 3.1m

6.2yrs

Average Tenure

64yo

Average Age

Experienced Board: CEU's board of directors are considered experienced (6.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 23:11
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

CES Energy Solutions Corp. is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim MonachelloATB Capital Markets
John GibsonBMO Capital Markets Equity Research
Randy OllenbergerBMO Capital Markets Equity Research