STEP Energy Services Ltd.

TSX:STEP Stock Report

Market Cap: CA$306.0m

STEP Energy Services Management

Management criteria checks 3/4

STEP Energy Services' CEO is Steve Glanville, appointed in Jul 2021, has a tenure of 3.42 years. total yearly compensation is CA$1.77M, comprised of 26% salary and 74% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth CA$965.94K. The average tenure of the management team and the board of directors is 2.9 years and 5.8 years respectively.

Key information

Steve Glanville

Chief executive officer

CA$1.8m

Total compensation

CEO salary percentage26.0%
CEO tenure3.4yrs
CEO ownership0.3%
Management average tenure2.9yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

Improved Earnings Required Before STEP Energy Services Ltd. (TSE:STEP) Shares Find Their Feet

Jul 19
Improved Earnings Required Before STEP Energy Services Ltd. (TSE:STEP) Shares Find Their Feet

STEP Energy Services Ltd. (TSE:STEP) Shares Could Be 42% Below Their Intrinsic Value Estimate

Jun 11
STEP Energy Services Ltd. (TSE:STEP) Shares Could Be 42% Below Their Intrinsic Value Estimate

Returns Are Gaining Momentum At STEP Energy Services (TSE:STEP)

Apr 07
Returns Are Gaining Momentum At STEP Energy Services (TSE:STEP)

Sentiment Still Eluding STEP Energy Services Ltd. (TSE:STEP)

Mar 15
Sentiment Still Eluding STEP Energy Services Ltd. (TSE:STEP)

Earnings Miss: STEP Energy Services Ltd. Missed EPS By 14% And Analysts Are Revising Their Forecasts

Mar 15
Earnings Miss: STEP Energy Services Ltd. Missed EPS By 14% And Analysts Are Revising Their Forecasts

Is STEP Energy Services (TSE:STEP) Using Too Much Debt?

Dec 13
Is STEP Energy Services (TSE:STEP) Using Too Much Debt?

STEP Energy Services (TSE:STEP) Is Very Good At Capital Allocation

Sep 02
STEP Energy Services (TSE:STEP) Is Very Good At Capital Allocation

Return Trends At STEP Energy Services (TSE:STEP) Aren't Appealing

May 30
Return Trends At STEP Energy Services (TSE:STEP) Aren't Appealing

Is STEP Energy Services (TSE:STEP) A Risky Investment?

Apr 17
Is STEP Energy Services (TSE:STEP) A Risky Investment?

STEP Energy Services (TSE:STEP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 09
STEP Energy Services (TSE:STEP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

These 4 Measures Indicate That STEP Energy Services (TSE:STEP) Is Using Debt Extensively

Aug 01
These 4 Measures Indicate That STEP Energy Services (TSE:STEP) Is Using Debt Extensively

New Forecasts: Here's What Analysts Think The Future Holds For STEP Energy Services Ltd. (TSE:STEP)

May 21
New Forecasts: Here's What Analysts Think The Future Holds For STEP Energy Services Ltd. (TSE:STEP)

Is STEP Energy Services (TSE:STEP) A Risky Investment?

Sep 28
Is STEP Energy Services (TSE:STEP) A Risky Investment?

Is STEP Energy Services (TSE:STEP) Using Debt In A Risky Way?

May 17
Is STEP Energy Services (TSE:STEP) Using Debt In A Risky Way?

CEO Compensation Analysis

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

CA$41m

Jun 30 2024n/an/a

CA$67m

Mar 31 2024n/an/a

CA$72m

Dec 31 2023CA$2mCA$460k

CA$50m

Sep 30 2023n/an/a

CA$72m

Jun 30 2023n/an/a

CA$82m

Mar 31 2023n/an/a

CA$105m

Dec 31 2022CA$2mCA$413k

CA$95m

Sep 30 2022n/an/a

CA$72m

Jun 30 2022n/an/a

CA$38m

Mar 31 2022n/an/a

-CA$11m

Dec 31 2021CA$1mCA$367k

-CA$28m

Sep 30 2021n/an/a

-CA$39m

Jun 30 2021n/an/a

-CA$45m

Mar 31 2021n/an/a

-CA$75m

Dec 31 2020CA$397kCA$303k

-CA$119m

Sep 30 2020n/an/a

-CA$127m

Jun 30 2020n/an/a

-CA$230m

Mar 31 2020n/an/a

-CA$195m

Dec 31 2019CA$912kCA$334k

-CA$144m

Sep 30 2019n/an/a

-CA$178m

Jun 30 2019n/an/a

-CA$56m

Mar 31 2019n/an/a

-CA$58m

Dec 31 2018CA$952kCA$334k

-CA$39m

Sep 30 2018n/an/a

CA$37m

Jun 30 2018n/an/a

CA$56m

Mar 31 2018n/an/a

CA$67m

Dec 31 2017CA$909kCA$282k

CA$58m

Compensation vs Market: Steve's total compensation ($USD1.23M) is above average for companies of similar size in the Canadian market ($USD731.63K).

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

CEO

Steve Glanville (51 yo)

3.4yrs

Tenure

CA$1,771,730

Compensation

Mr. Stephen Glanville, also known as Steve, co-founded Step Energy Services Ltd. in 2011 and had been its Chief Operating Officer since March 21, 2011 until September 30, 2022 and serves as its President s...

Leadership Team

NamePositionTenureCompensationOwnership
Stephen Glanville
President3.4yrsCA$1.77m0.32%
CA$ 965.9k
Klaas Deemter
Chief Financial Officer3.1yrsCA$1.04m0.085%
CA$ 261.2k
Rory Thompson
Chief Operating Officer2.2yrsCA$1.02m0.11%
CA$ 324.7k
Bradley McFarlane
Vice President of Finance1.9yrsCA$794.71k0.045%
CA$ 139.2k
Joshua Kane
VP of Legal & General Counsel8.9yrsCA$597.62k0.22%
CA$ 660.2k
Diana Crawford
Vice President of Sustainability & Communications1.3yrsno data0.013%
CA$ 40.6k
Todd Rainville
Vice President of Sales & Engineering Technology9.4yrsno datano data
Tara Boucher
Vice President of Human Resource2.8yrsno data0.026%
CA$ 79.1k

2.9yrs

Average Tenure

48yo

Average Age

Experienced Management: STEP's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stephen Glanville
President2.3yrsCA$1.77m0.32%
CA$ 965.9k
Douglas Freel
Independent Chairman13.8yrsCA$185.25k0.014%
CA$ 42.6k
D. Harbilas
Independent Director7.7yrsCA$158.25k0.064%
CA$ 196.0k
Rachel Moore
Independent Director1.2yrsCA$35.81k0.014%
CA$ 42.6k
Evelyn Angelle
Independent Lead Director5.8yrsCA$192.73k0.094%
CA$ 287.1k
Jeremy Gackle
Non-Independent Director13.8yrsCA$149.25kno data
Edward LaFehr
Independent Director1.1yrsCA$32.72k0.049%
CA$ 149.1k

5.8yrs

Average Tenure

54yo

Average Age

Experienced Board: STEP's board of directors are considered experienced (5.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 06:30
End of Day Share Price 2024/12/24 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

STEP Energy Services Ltd. is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim ByrneAcumen Capital Finance Partners Limited
Waqar SyedATB Capital Markets
Tim MonachelloATB Capital Markets