Secure Energy Services Inc.

TSX:SES Stock Report

Market Cap: CA$3.1b

Secure Energy Services Management

Management criteria checks 1/4

Secure Energy Services' CEO is Rene Amirault, appointed in Mar 2007, has a tenure of 17.08 years. total yearly compensation is CA$6.31M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.79% of the company’s shares, worth CA$24.79M. The average tenure of the management team and the board of directors is 3.9 years and 2.4 years respectively.

Key information

Rene Amirault

Chief executive officer

CA$6.3m

Total compensation

CEO salary percentage10.1%
CEO tenure17.1yrs
CEO ownership0.8%
Management average tenure3.9yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

A Look At The Fair Value Of Secure Energy Services Inc. (TSE:SES)

Apr 07
A Look At The Fair Value Of Secure Energy Services Inc. (TSE:SES)

Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

Mar 21
Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

There's Reason For Concern Over Secure Energy Services Inc.'s (TSE:SES) Price

Feb 12
There's Reason For Concern Over Secure Energy Services Inc.'s (TSE:SES) Price

Calculating The Intrinsic Value Of Secure Energy Services Inc. (TSE:SES)

Jan 05
Calculating The Intrinsic Value Of Secure Energy Services Inc. (TSE:SES)

Secure Energy Services Inc. (TSE:SES) Analysts Just Trimmed Their Revenue Forecasts By 13%

Dec 12
Secure Energy Services Inc. (TSE:SES) Analysts Just Trimmed Their Revenue Forecasts By 13%

Here's Why Secure Energy Services (TSE:SES) Can Manage Its Debt Responsibly

Nov 30
Here's Why Secure Energy Services (TSE:SES) Can Manage Its Debt Responsibly

Investor Optimism Abounds Secure Energy Services Inc. (TSE:SES) But Growth Is Lacking

Oct 30
Investor Optimism Abounds Secure Energy Services Inc. (TSE:SES) But Growth Is Lacking

Secure Energy Services (TSE:SES) Has A Pretty Healthy Balance Sheet

Aug 27
Secure Energy Services (TSE:SES) Has A Pretty Healthy Balance Sheet

Is Secure Energy Services Inc. (TSE:SES) Trading At A 40% Discount?

Jun 08
Is Secure Energy Services Inc. (TSE:SES) Trading At A 40% Discount?

The Return Trends At Secure Energy Services (TSE:SES) Look Promising

Mar 20
The Return Trends At Secure Energy Services (TSE:SES) Look Promising

Secure Energy Services Inc. (TSE:SES) Shares Could Be 46% Below Their Intrinsic Value Estimate

Feb 03
Secure Energy Services Inc. (TSE:SES) Shares Could Be 46% Below Their Intrinsic Value Estimate

Is Secure Energy Services (TSE:SES) A Risky Investment?

Jan 04
Is Secure Energy Services (TSE:SES) A Risky Investment?

Secure Energy Services Inc.'s (TSE:SES) Intrinsic Value Is Potentially 59% Above Its Share Price

Aug 31
Secure Energy Services Inc.'s (TSE:SES) Intrinsic Value Is Potentially 59% Above Its Share Price

Are Investors Undervaluing Secure Energy Services Inc. (TSE:SES) By 36%?

May 11
Are Investors Undervaluing Secure Energy Services Inc. (TSE:SES) By 36%?

Analysts Just Shipped A Substantial Upgrade To Their Secure Energy Services Inc. (TSE:SES) Estimates

Jul 30
Analysts Just Shipped A Substantial Upgrade To Their Secure Energy Services Inc. (TSE:SES) Estimates

Would Secure Energy Services (TSE:SES) Be Better Off With Less Debt?

May 17
Would Secure Energy Services (TSE:SES) Be Better Off With Less Debt?

Here's Why Shareholders Should Examine Secure Energy Services Inc.'s (TSE:SES) CEO Compensation Package More Closely

Apr 21
Here's Why Shareholders Should Examine Secure Energy Services Inc.'s (TSE:SES) CEO Compensation Package More Closely

What Type Of Shareholders Make Up Secure Energy Services Inc.'s (TSE:SES) Share Registry?

Mar 17
What Type Of Shareholders Make Up Secure Energy Services Inc.'s (TSE:SES) Share Registry?

CEO Compensation Analysis

How has Rene Amirault's remuneration changed compared to Secure Energy Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023CA$6mCA$638k

CA$195m

Sep 30 2023n/an/a

CA$168m

Jun 30 2023n/an/a

CA$181m

Mar 31 2023n/an/a

CA$201m

Dec 31 2022CA$4mCA$600k

CA$184m

Sep 30 2022n/an/a

-CA$14m

Jun 30 2022n/an/a

-CA$96m

Mar 31 2022n/an/a

-CA$165m

Dec 31 2021CA$4mCA$543k

-CA$203m

Sep 30 2021n/an/a

-CA$76m

Jun 30 2021n/an/a

-CA$59m

Mar 31 2021n/an/a

-CA$63m

Dec 31 2020CA$2mCA$492k

-CA$85m

Sep 30 2020n/an/a

-CA$43m

Jun 30 2020n/an/a

-CA$39m

Mar 31 2020n/an/a

-CA$22m

Dec 31 2019CA$3mCA$539k

CA$2m

Sep 30 2019n/an/a

CA$13m

Jun 30 2019n/an/a

CA$20m

Mar 31 2019n/an/a

CA$15m

Dec 31 2018CA$3mCA$520k

CA$20m

Sep 30 2018n/an/a

-CA$18m

Jun 30 2018n/an/a

-CA$25m

Mar 31 2018n/an/a

-CA$32m

Dec 31 2017CA$3mCA$520k

-CA$34m

Compensation vs Market: Rene's total compensation ($USD4.56M) is above average for companies of similar size in the Canadian market ($USD2.33M).

Compensation vs Earnings: Rene's compensation has increased by more than 20% in the past year.


CEO

Rene Amirault (62 yo)

17.1yrs

Tenure

CA$6,306,891

Compensation

Mr. Rene E. Amirault, CGA, has been Chief Executive Officer at Secure Energy Services Inc. (formerly Secure Energy Services Ltd.) since March 2007, and President since March 2007 until November 2022. Mr. A...


Leadership Team

NamePositionTenureCompensationOwnership
Rene Amirault
CEO & Director17.1yrsCA$6.31m0.79%
CA$ 24.8m
Allen Gransch
President1.4yrsCA$5.52m0.18%
CA$ 5.8m
Chad Magus
Chief Financial Officer6.6yrsCA$2.40m0.067%
CA$ 2.1m
Corey Higham
Chief Operating Officer1.4yrsCA$3.07m0.11%
CA$ 3.4m
James Anderson
Senior Vice President of Specialty Chemicalsno dataCA$1.82m0.13%
CA$ 4.2m
Anil Aggarwala
Vice President of Treasury & Investor Relationsno datano datano data
Michael Callihoo
Corporate Secretary & General Counsel5.8yrsno data0.033%
CA$ 1.0m
Michael Parnetta
Vice President of People & Culture3.9yrsno datano data
Rhonda Rudnitski
Vice President of Environment2.3yrsno data0.0094%
CA$ 295.4k
Alison Prokop
Executiveno datano datano data

3.9yrs

Average Tenure

Experienced Management: SES's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rene Amirault
CEO & Director16.8yrsCA$6.31m0.79%
CA$ 24.8m
Bradley Munro
Independent Director15yrsCA$223.84k0.025%
CA$ 791.5k
Susan L. Rose
Independent Director2.8yrsCA$220.00k0.0043%
CA$ 133.7k
Wendy Hanrahan
Independent Director1.1yrsCA$173.98k0.0095%
CA$ 298.3k
Michael Dilger
Independent Chairman of the Board1.3yrsCA$416.56k0.072%
CA$ 2.3m
Deanna Zumwalt
Independent Director5yrsCA$232.51k0.0070%
CA$ 219.5k
Mark Bly
Independent Director2.1yrsCA$217.29k0.018%
CA$ 562.6k
Joseph Lenz
Independent Director1.4yrsno datano data

2.4yrs

Average Tenure

61yo

Average Age

Experienced Board: SES's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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