Journey Energy Inc.

TSX:JOY Stock Report

Market Cap: CA$124.1m

Journey Energy Management

Management criteria checks 3/4

Journey Energy's CEO is Alex Verge, appointed in Jul 2012, has a tenure of 12.42 years. total yearly compensation is CA$778.44K, comprised of 36.7% salary and 63.3% bonuses, including company stock and options. directly owns 6.66% of the company’s shares, worth CA$8.27M. The average tenure of the management team and the board of directors is 6.1 years and 3.5 years respectively.

Key information

Alex Verge

Chief executive officer

CA$778.4k

Total compensation

CEO salary percentage36.7%
CEO tenure12.4yrs
CEO ownership6.7%
Management average tenure6.1yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

Here's Why Journey Energy (TSE:JOY) Is Weighed Down By Its Debt Load

Dec 17
Here's Why Journey Energy (TSE:JOY) Is Weighed Down By Its Debt Load

A Piece Of The Puzzle Missing From Journey Energy Inc.'s (TSE:JOY) Share Price

Oct 30
A Piece Of The Puzzle Missing From Journey Energy Inc.'s (TSE:JOY) Share Price

Does Journey Energy (TSE:JOY) Have A Healthy Balance Sheet?

Sep 09
Does Journey Energy (TSE:JOY) Have A Healthy Balance Sheet?

Estimating The Fair Value Of Journey Energy Inc. (TSE:JOY)

May 21
Estimating The Fair Value Of Journey Energy Inc. (TSE:JOY)

Journey Energy Inc.'s (TSE:JOY) Shares Leap 27% Yet They're Still Not Telling The Full Story

Apr 26
Journey Energy Inc.'s (TSE:JOY) Shares Leap 27% Yet They're Still Not Telling The Full Story

Weak Statutory Earnings May Not Tell The Whole Story For Journey Energy (TSE:JOY)

Mar 19
Weak Statutory Earnings May Not Tell The Whole Story For Journey Energy (TSE:JOY)

We Like These Underlying Return On Capital Trends At Journey Energy (TSE:JOY)

Feb 06
We Like These Underlying Return On Capital Trends At Journey Energy (TSE:JOY)

We Ran A Stock Scan For Earnings Growth And Journey Energy (TSE:JOY) Passed With Ease

Dec 20
We Ran A Stock Scan For Earnings Growth And Journey Energy (TSE:JOY) Passed With Ease

Journey Energy's (TSE:JOY) Returns On Capital Are Heading Higher

Jul 25
Journey Energy's (TSE:JOY) Returns On Capital Are Heading Higher

Returns Are Gaining Momentum At Journey Energy (TSE:JOY)

Mar 30
Returns Are Gaining Momentum At Journey Energy (TSE:JOY)

Does Journey Energy (TSE:JOY) Have A Healthy Balance Sheet?

Jan 06
Does Journey Energy (TSE:JOY) Have A Healthy Balance Sheet?

Is Journey Energy (TSE:JOY) A Risky Investment?

Aug 11
Is Journey Energy (TSE:JOY) A Risky Investment?

Journey Energy (TSE:JOY) Is Finding It Tricky To Allocate Its Capital

Jul 12
Journey Energy (TSE:JOY) Is Finding It Tricky To Allocate Its Capital

Is Now The Time To Put Journey Energy (TSE:JOY) On Your Watchlist?

Jun 15
Is Now The Time To Put Journey Energy (TSE:JOY) On Your Watchlist?

Journey Energy's (TSE:JOY) Solid Profits Have Weak Fundamentals

Aug 17
Journey Energy's (TSE:JOY) Solid Profits Have Weak Fundamentals

CEO Compensation Analysis

How has Alex Verge's remuneration changed compared to Journey Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$5m

Jun 30 2024n/an/a

CA$12m

Mar 31 2024n/an/a

CA$13m

Dec 31 2023CA$778kCA$285k

CA$16m

Sep 30 2023n/an/a

CA$110m

Jun 30 2023n/an/a

CA$118m

Mar 31 2023n/an/a

CA$148m

Dec 31 2022CA$854kCA$269k

CA$155m

Sep 30 2022n/an/a

CA$63m

Jun 30 2022n/an/a

CA$140m

Mar 31 2022n/an/a

CA$111m

Dec 31 2021CA$834kCA$250k

CA$99m

Sep 30 2021n/an/a

CA$126m

Jun 30 2021n/an/a

CA$26m

Mar 31 2021n/an/a

CA$11m

Dec 31 2020CA$396kCA$227k

-CA$57m

Sep 30 2020n/an/a

-CA$97m

Jun 30 2020n/an/a

-CA$96m

Mar 31 2020n/an/a

-CA$93m

Dec 31 2019CA$407kCA$214k

-CA$31m

Sep 30 2019n/an/a

-CA$40m

Jun 30 2019n/an/a

-CA$33m

Mar 31 2019n/an/a

-CA$32m

Dec 31 2018CA$575kCA$240k

-CA$37m

Sep 30 2018n/an/a

-CA$160m

Jun 30 2018n/an/a

-CA$166m

Mar 31 2018n/an/a

-CA$146m

Dec 31 2017CA$690kCA$243k

-CA$133m

Compensation vs Market: Alex's total compensation ($USD542.21K) is above average for companies of similar size in the Canadian market ($USD163.24K).

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

CEO

Alex Verge (63 yo)

12.4yrs

Tenure

CA$778,440

Compensation

Mr. Alexander G. Verge, also known as Alex, has been the Chief Executive Officer, President and Director of Journey Energy Inc. since July 1, 2012. Mr. Verge served as an Interim Chief Executive Officer of...

Leadership Team

NamePositionTenureCompensationOwnership
Alexander Verge
President12.4yrsCA$778.44k6.66%
CA$ 8.3m
Gerald Gilewicz
CFO & Corporate Secretary12.3yrsCA$705.09k0.85%
CA$ 1.1m
Richard Tracy
Vice President of Operations2.5yrsCA$505.53k0.12%
CA$ 151.0k
Brett Boklaschuk
Vice President of Exploration9.6yrsCA$525.81k0.55%
CA$ 683.7k
Aaron Bell
Vice President of Engineering2.7yrsCA$505.64k0.18%
CA$ 225.9k
Guido De Ciancio
Vice President of Land2.7yrsCA$525.90k0.17%
CA$ 206.9k

6.1yrs

Average Tenure

Experienced Management: JOY's management team is seasoned and experienced (6.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Alexander Verge
President12.4yrsCA$778.44k6.66%
CA$ 8.3m
Craig Hansen
Independent Chairman5.5yrsCA$119.62k0.61%
CA$ 757.3k
Thomas Mullane
Independent Director3.5yrsCA$96.26k0.18%
CA$ 222.8k
Scott Treadwell
Independent Director2.5yrsCA$96.26k0.012%
CA$ 14.8k
Reginald Smith
Independent Director3.5yrsCA$96.26k0.15%
CA$ 187.7k
Jenna Kaye
Independent Director2.4yrsCA$96.26k0.019%
CA$ 24.0k

3.5yrs

Average Tenure

63yo

Average Age

Experienced Board: JOY's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 11:18
End of Day Share Price 2024/12/30 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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Journey Energy Inc. is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Trevor ReynoldsAcumen Capital Finance Partners Limited
Thomas MatthewsATB Capital Markets
Patrick O'RourkeATB Capital Markets