Peyto Exploration & Development Management
Management criteria checks 4/4
Peyto Exploration & Development's CEO is JP Lachance, appointed in Dec 2022, has a tenure of 1.92 years. total yearly compensation is CA$1.82M, comprised of 17.3% salary and 82.7% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth CA$7.81M. The average tenure of the management team and the board of directors is 5.9 years and 5.5 years respectively.
Key information
JP Lachance
Chief executive officer
CA$1.8m
Total compensation
| CEO salary percentage | 17.3% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.9yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11
Sep 20
Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Aug 20Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Jul 23Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Jun 20Weak Statutory Earnings May Not Tell The Whole Story For Peyto Exploration & Development (TSE:PEY)
Mar 15Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Feb 19Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11
Jan 27An Intrinsic Calculation For Peyto Exploration & Development Corp. (TSE:PEY) Suggests It's 40% Undervalued
Dec 12Here's Why We Think Peyto Exploration & Development (TSE:PEY) Is Well Worth Watching
Oct 05Returns Are Gaining Momentum At Peyto Exploration & Development (TSE:PEY)
Sep 02What Does The Future Hold For Peyto Exploration & Development Corp. (TSE:PEY)? These Analysts Have Been Cutting Their Estimates
Aug 12Peyto Exploration & Development (TSE:PEY) Seems To Use Debt Quite Sensibly
Jul 11Here's Why We Think Peyto Exploration & Development (TSE:PEY) Might Deserve Your Attention Today
Jun 13Returns At Peyto Exploration & Development (TSE:PEY) Are On The Way Up
Mar 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$290m |
| Jun 30 2024 | n/a | n/a | CA$297m |
| Mar 31 2024 | n/a | n/a | CA$303m |
| Dec 31 2023 | CA$2m | CA$315k | CA$293m |
| Sep 30 2023 | n/a | n/a | CA$318m |
| Jun 30 2023 | n/a | n/a | CA$346m |
| Mar 31 2023 | n/a | n/a | CA$383m |
| Dec 31 2022 | CA$2m | CA$300k | CA$391m |
| Sep 30 2022 | n/a | n/a | CA$349m |
| Jun 30 2022 | n/a | n/a | CA$293m |
| Mar 31 2022 | n/a | n/a | CA$212m |
| Dec 31 2021 | CA$1m | CA$272k | CA$152m |
| Sep 30 2021 | n/a | n/a | CA$146m |
| Jun 30 2021 | n/a | n/a | CA$106m |
| Mar 31 2021 | n/a | n/a | CA$71m |
| Dec 31 2020 | CA$739k | CA$254k | -CA$36m |
| Sep 30 2020 | n/a | n/a | -CA$98m |
| Jun 30 2020 | n/a | n/a | -CA$80m |
| Mar 31 2020 | n/a | n/a | CA$41m |
| Dec 31 2019 | CA$1m | CA$250k | CA$133m |
| Sep 30 2019 | n/a | n/a | CA$151m |
| Jun 30 2019 | n/a | n/a | CA$175m |
| Mar 31 2019 | n/a | n/a | CA$106m |
| Dec 31 2018 | CA$2m | CA$248k | CA$129m |
| Sep 30 2018 | n/a | n/a | CA$159m |
| Jun 30 2018 | n/a | n/a | CA$175m |
| Mar 31 2018 | n/a | n/a | CA$184m |
| Dec 31 2017 | CA$2m | CA$230k | CA$177m |
Compensation vs Market: JP's total compensation ($USD1.29M) is below average for companies of similar size in the Canadian market ($USD2.06M).
Compensation vs Earnings: JP's compensation has been consistent with company performance over the past year.
CEO
JP Lachance (57 yo)
1.9yrs
Tenure
CA$1,819,685
Compensation
Mr. Jean-Paul H. Lachance, also known as JP, has been Chief Executive Officer of Peyto Exploration & Development Corp. since December 31, 2022. He is President and Director of Peyto Exploration & Developme...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.9yrs | CA$1.82m | 0.25% CA$ 7.8m | |
| Vice President of Drilling & Completions | 9.8yrs | CA$1.46m | 0.19% CA$ 5.9m | |
| Vice President of Production | 9.8yrs | CA$1.30m | 0.091% CA$ 2.8m | |
| Vice President of Land & Business Development | no data | CA$1.18m | 0.038% CA$ 1.2m | |
| Chief Financial Officer | less than a year | no data | 0.018% CA$ 544.5k | |
| COO & VP of Engineering | less than a year | no data | 0.050% CA$ 1.5m | |
| Corporate Secretary | 24.8yrs | CA$33.60k | 0.34% CA$ 10.4m |
5.9yrs
Average Tenure
Experienced Management: PEY's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.8yrs | CA$1.82m | 0.25% CA$ 7.8m | |
| Independent Chairman of the Board | 26.1yrs | CA$219.38k | 0.66% CA$ 20.1m | |
| Director | 17.8yrs | CA$135.00k | 1.19% CA$ 36.7m | |
| Lead Independent Director | 21.4yrs | CA$171.88k | 0.043% CA$ 1.3m | |
| Independent Director | 5.5yrs | CA$161.88k | 0.074% CA$ 2.3m | |
| Independent Director | 18.3yrs | CA$161.88k | 0.11% CA$ 3.4m | |
| Independent Director | 1.1yrs | CA$14.07k | 0.0069% CA$ 212.2k | |
| Independent Director | 2yrs | CA$161.88k | 0.0048% CA$ 148.3k | |
| Independent Director | 1.4yrs | CA$109.38k | 0.0064% CA$ 196.9k |
5.5yrs
Average Tenure
57yo
Average Age
Experienced Board: PEY's board of directors are considered experienced (5.5 years average tenure).