Obsidian Energy Ltd.

TSX:OBE Stock Report

Market Cap: CA$586.6m

Obsidian Energy Management

Management criteria checks 3/4

Obsidian Energy's CEO is Steve Loukas, appointed in Dec 2019, has a tenure of 4.92 years. total yearly compensation is CA$3.30M, comprised of 15.9% salary and 84.1% bonuses, including company stock and options. directly owns 1.21% of the company’s shares, worth CA$7.12M. The average tenure of the management team and the board of directors is 4.9 years and 6.8 years respectively.

Key information

Steve Loukas

Chief executive officer

CA$3.3m

Total compensation

CEO salary percentage15.9%
CEO tenure4.9yrs
CEO ownership1.2%
Management average tenure4.9yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

Cautious Investors Not Rewarding Obsidian Energy Ltd.'s (TSE:OBE) Performance Completely

Apr 27
Cautious Investors Not Rewarding Obsidian Energy Ltd.'s (TSE:OBE) Performance Completely

These 4 Measures Indicate That Obsidian Energy (TSE:OBE) Is Using Debt Extensively

Feb 18
These 4 Measures Indicate That Obsidian Energy (TSE:OBE) Is Using Debt Extensively

A Piece Of The Puzzle Missing From Obsidian Energy Ltd.'s (TSE:OBE) Share Price

Aug 01
A Piece Of The Puzzle Missing From Obsidian Energy Ltd.'s (TSE:OBE) Share Price

Why Obsidian Energy's (TSE:OBE) Earnings Are Weaker Than They Seem

May 12
Why Obsidian Energy's (TSE:OBE) Earnings Are Weaker Than They Seem

CEO Compensation Analysis

How has Steve Loukas's remuneration changed compared to Obsidian Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$117m

Jun 30 2024n/an/a

CA$108m

Mar 31 2024n/an/a

CA$89m

Dec 31 2023CA$3mCA$525k

CA$108m

Sep 30 2023n/an/a

CA$705m

Jun 30 2023n/an/a

CA$721m

Mar 31 2023n/an/a

CA$817m

Dec 31 2022CA$4mCA$650k

CA$810m

Sep 30 2022n/an/a

CA$200m

Jun 30 2022n/an/a

CA$206m

Mar 31 2022n/an/a

CA$415m

Dec 31 2021CA$2mCA$645k

CA$414m

Sep 30 2021n/an/a

CA$393m

Jun 30 2021n/an/a

CA$343m

Mar 31 2021n/an/a

-CA$900k

Dec 31 2020CA$2mCA$580k

-CA$772m

Sep 30 2020n/an/a

-CA$1b

Jun 30 2020n/an/a

-CA$1b

Mar 31 2020n/an/a

-CA$1b

Dec 31 2019CA$791kCA$45k

-CA$788m

Sep 30 2019n/an/a

-CA$357m

Jun 30 2019n/an/a

-CA$360m

Mar 31 2019n/an/a

-CA$294m

Dec 31 2018CA$47kn/a

-CA$305m

Compensation vs Market: Steve's total compensation ($USD2.37M) is above average for companies of similar size in the Canadian market ($USD1.14M).

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

CEO

Steve Loukas (46 yo)

4.9yrs

Tenure

CA$3,295,888

Compensation

Mr. Stephen Elias Loukas, also known as Steve, serves as Chief Executive Officer and President of Obsidian Energy Ltd. since February 22, 2023 and serves as its Director since May 11, 2018. He serves as a...

Leadership Team

NamePositionTenureCompensationOwnership
Stephen Loukas
President4.9yrsCA$3.30m1.21%
CA$ 7.1m
Peter Scott
Senior VP & CFO4.9yrsCA$1.42m0.23%
CA$ 1.3m
William Swadling
Vice President of Operations2.8yrsCA$1.22m0.26%
CA$ 1.5m
Mark Hawkins
VP of Legalno dataCA$1.15m0.083%
CA$ 487.2k
Gary Sykes
Senior Vice President of Commercial & Development5yrsCA$1.42mno data

4.9yrs

Average Tenure

Experienced Management: OBE's management team is considered experienced (4.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stephen Loukas
President6.5yrsCA$3.30m1.21%
CA$ 7.1m
Edward Kernaghan
Independent Director6.8yrsCA$145.00k0.28%
CA$ 1.6m
Gordon Ritchie
Independent Chairman of the Board6.9yrsCA$193.50k0.16%
CA$ 917.1k
Michael Faust
Independent Director6.5yrsCA$156.63k0.13%
CA$ 770.2k
John Brydson
Independent Director10.4yrsCA$159.63k0.66%
CA$ 3.9m
Raymond Crossley
Independent Director9.7yrsCA$163.75k0.0063%
CA$ 37.0k
Shani Bosman
Independent Director2.5yrsCA$143.50k0.013%
CA$ 78.5k

6.8yrs

Average Tenure

63yo

Average Age

Experienced Board: OBE's board of directors are considered experienced (6.8 years average tenure).