Essential Energy Services Management
Management criteria checks 3/4
Essential Energy Services' CEO is Garnet Amundson, appointed in Apr 2008, has a tenure of 15.58 years. total yearly compensation is CA$1.65M, comprised of 26% salary and 74% bonuses, including company stock and options. directly owns 1.06% of the company’s shares, worth CA$527.11K. The average tenure of the management team and the board of directors is 4.8 years and 11.5 years respectively.
Key information
Garnet Amundson
Chief executive officer
CA$1.6m
Total compensation
| CEO salary percentage | 26.0% |
| CEO tenure | 15.6yrs |
| CEO ownership | 1.1% |
| Management average tenure | 4.8yrs |
| Board average tenure | 11.5yrs |
Recent management updates
Recent updates
Essential Energy Services (TSE:ESN) Is Carrying A Fair Bit Of Debt
Sep 16
Essential Energy Services Ltd. (TSE:ESN) Might Not Be As Mispriced As It Looks
Aug 09Essential Energy Services' (TSE:ESN) Returns On Capital Are Heading Higher
May 11Is Essential Energy Services Ltd. (TSE:ESN) Trading At A 43% Discount?
Feb 04Estimating The Intrinsic Value Of Essential Energy Services Ltd. (TSE:ESN)
Aug 25Should Shareholders Reconsider Essential Energy Services Ltd.'s (TSE:ESN) CEO Compensation Package?
May 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | CA$952k |
| Mar 31 2023 | n/a | n/a | CA$4m |
| Dec 31 2022 | CA$2m | CA$429k | -CA$2m |
| Sep 30 2022 | n/a | n/a | -CA$5m |
| Jun 30 2022 | n/a | n/a | -CA$9m |
| Mar 31 2022 | n/a | n/a | -CA$13m |
| Dec 31 2021 | CA$2m | CA$383k | -CA$11m |
| Sep 30 2021 | n/a | n/a | -CA$11m |
| Jun 30 2021 | n/a | n/a | -CA$13m |
| Mar 31 2021 | n/a | n/a | -CA$14m |
| Dec 31 2020 | CA$1m | CA$278k | -CA$17m |
| Sep 30 2020 | n/a | n/a | -CA$16m |
| Jun 30 2020 | n/a | n/a | -CA$13m |
| Mar 31 2020 | n/a | n/a | -CA$8m |
| Dec 31 2019 | CA$1m | CA$322k | -CA$2m |
| Sep 30 2019 | n/a | n/a | -CA$12m |
| Jun 30 2019 | n/a | n/a | -CA$11m |
| Mar 31 2019 | n/a | n/a | -CA$12m |
| Dec 31 2018 | CA$1m | CA$372k | -CA$9m |
| Sep 30 2018 | n/a | n/a | CA$1m |
| Jun 30 2018 | n/a | n/a | CA$1m |
| Mar 31 2018 | n/a | n/a | -CA$1m |
| Dec 31 2017 | CA$2m | CA$372k | -CA$3m |
| Sep 30 2017 | n/a | n/a | -CA$9m |
| Jun 30 2017 | n/a | n/a | -CA$15m |
| Mar 31 2017 | n/a | n/a | -CA$17m |
| Dec 31 2016 | CA$1m | CA$297k | -CA$63m |
Compensation vs Market: Garnet's total compensation ($USD1.19M) is above average for companies of similar size in the Canadian market ($USD180.98K).
Compensation vs Earnings: Garnet's compensation has been consistent with company performance over the past year.
CEO
Garnet Amundson (61 yo)
15.6yrs
Tenure
CA$1,646,499
Compensation
Mr. Garnet K. Amundson has been the Chief Executive Officer, President and Director of Essential Energy Services Ltd. since April 2008. Mr. Amundson served as the Chief Executive Officer and President of E...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.6yrs | CA$1.65m | 1.06% CA$ 527.1k | |
| CFO & Controller | 1.8yrs | CA$364.03k | 0.023% CA$ 11.4k | |
| Director of Human Resources | 4.8yrs | CA$334.45k | no data | |
| Senior Vice President | less than a year | CA$1.09m | 0.29% CA$ 142.9k | |
| VP of Finance & Corporate Secretary | 10.8yrs | CA$904.53k | 0.21% CA$ 105.9k |
4.8yrs
Average Tenure
Experienced Management: ESN's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.6yrs | CA$1.65m | 1.06% CA$ 527.1k | |
| Independent Chairman | 15.6yrs | CA$145.78k | 0.62% CA$ 306.3k | |
| Independent Director | 2yrs | CA$97.11k | 0.020% CA$ 9.9k | |
| Independent Director | 10.4yrs | CA$114.96k | 0.13% CA$ 63.2k | |
| Independent Director | 12.5yrs | CA$107.03k | 0.034% CA$ 16.6k | |
| Independent Director | less than a year | CA$55.08k | 0.025% CA$ 12.2k |
11.5yrs
Average Tenure
62yo
Average Age
Experienced Board: ESN's board of directors are seasoned and experienced ( 11.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/13 08:30 |
| End of Day Share Price | 2023/11/10 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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
Essential Energy Services Ltd. is covered by 16 analysts. 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 |
|---|---|
| Tim Monachello | ATB Capital Markets |
| Anthony Petrucci | Canaccord Genuity |
| Jon Morrison | CIBC Capital Markets |