Topaz Energy Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Marty Staples

Chief executive officer

CA$2.9m

Total compensation

CEO salary percentage	16.2%
CEO tenure	3.5yrs
CEO ownership	0.2%
Management average tenure	no data
Board average tenure	3.9yrs

Recent management updates

Recent updates

Topaz Energy Corp. (TSE:TPZ) Shares Could Be 39% Below Their Intrinsic Value Estimate

Feb 18

Topaz Energy Corp.'s (TSE:TPZ) Price In Tune With Earnings

Dec 07

Topaz Energy (TSE:TPZ) Has Announced That It Will Be Increasing Its Dividend To CA$0.30

Nov 16

Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 13

Estimating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)

Aug 02

Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger

Jul 20

Here's Why I Think Topaz Energy (TSE:TPZ) Might Deserve Your Attention Today

Jun 02

Analysts Just Made A Huge Upgrade To Their Topaz Energy Corp. (TSE:TPZ) Forecasts

May 08

There's Been No Shortage Of Growth Recently For Topaz Energy's (TSE:TPZ) Returns On Capital

Mar 22

Here's Why We Think Topaz Energy (TSE:TPZ) Is Well Worth Watching

Jan 24

Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger

Dec 03

Topaz Energy (TSE:TPZ) Is Increasing Its Dividend To CA$0.24

Nov 16

Estimating The Fair Value Of Topaz Energy Corp. (TSE:TPZ)

Aug 19

CEO Compensation Analysis

How has Marty Staples's remuneration changed compared to Topaz Energy's earnings?
Date	Total Comp.	Salary	Company Earnings
Jun 30 2023	n/a	n/a	CA$56m
Mar 31 2023	n/a	n/a	CA$96m
Dec 31 2022	CA$3m	CA$465k	CA$99m
Sep 30 2022	n/a	n/a	CA$97m
Jun 30 2022	n/a	n/a	CA$82m
Mar 31 2022	n/a	n/a	CA$34m
Dec 31 2021	CA$2m	CA$410k	CA$28m
Sep 30 2021	n/a	n/a	CA$20m
Jun 30 2021	n/a	n/a	CA$12m
Mar 31 2021	n/a	n/a	CA$10m
Dec 31 2020	CA$969k	CA$288k	CA$3m

Compensation vs Market: Marty's total compensation ($USD2.09M) is about average for companies of similar size in the Canadian market ($USD2.41M).

Compensation vs Earnings: Marty's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Marty Staples (47 yo)

3.5yrs

Tenure

CA$2,861,820

Compensation

Mr. Marty Staples serves as Director at Topaz Energy Corp. since June 23, 2021. He is the President and Chief Executive Officer of Topaz Energy Corp since April 15, 2020. He was the Manager Land at Tourmal...

Board Members

Name	Position	Tenure	Compensation	Ownership
Marty Staples	President	2.3yrs	CA$2.86m	0.15% CA$ 4.5m
James Davidson	Independent Corporate Director	3.9yrs	CA$120.00k	0.17% CA$ 5.0m
Tanya Causgrove	Independent Director	3.2yrs	CA$120.00k	3.04% CA$ 91.6m
Michael Rose	Chairman	16.8yrs	CA$120.00k	0.32% CA$ 9.6m
Brian Robinson	Director	13.9yrs	CA$120.00k	0.23% CA$ 7.0m
Darlene Harris	Independent Corporate Director	3.3yrs	CA$130.00k	0.016% CA$ 469.0k
Stephen Larke	Lead Independent Director	3.9yrs	CA$130.00k	0.21% CA$ 6.4m
John Gordon	Independent Corporate Director	3.9yrs	CA$130.00k	0.11% CA$ 3.4m

3.9yrs

Average Tenure

60.5yo

Average Age

Experienced Board: TPZ's board of directors are considered experienced (3.9 years average tenure).

Topaz Energy Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Topaz Energy Corp Appoints Jim Davidson as Directors

President recently bought CA$56k worth of stock

Director exercised options to buy CA$1.4m worth of stock.

Chairman recently bought CA$210k worth of stock

VP of Finance & CFO recently sold CA$84k worth of stock

Recent updates

Now 20% undervalued

Upcoming dividend of CA$0.31 per share at 5.7% yield

Insufficient new directors

Now 20% undervalued

Consensus EPS estimates increase by 14%

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Topaz Energy Corp. (TSX:TPZ) acquired a 49.9% working interest in a newly constructed and commissioned sweet natural gas processing facility for CAD 39.5 million.

Topaz Energy Corp. (TSX:TPZ) entered into definitive agreements to acquire a 49.9% working interest in a newly constructed and commissioned sweet natural gas processing facility for CAD 39.5 million.

Calculating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)

Consensus EPS estimates fall by 16%

Topaz Energy (TSE:TPZ) Is Experiencing Growth In Returns On Capital

Topaz Energy Corp Appoints Jim Davidson as Directors

Upcoming dividend of CA$0.30 per share at 5.6% yield

Consensus EPS estimates fall by 25%

Topaz Energy Corp. to Report Q3, 2023 Results on Oct 30, 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

President recently bought CA$56k worth of stock

Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)

Consensus EPS estimates fall by 39%

Upcoming dividend of CA$0.30 per share at 6.1% yield

Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.30

Full year 2022 earnings: EPS misses analyst expectations

Topaz Energy Corp. (TSE:TPZ) Shares Could Be 39% Below Their Intrinsic Value Estimate

Director exercised options to buy CA$1.4m worth of stock.

Chairman recently bought CA$210k worth of stock

Now 22% undervalued after recent price drop

Topaz Energy Corp.'s (TSE:TPZ) Price In Tune With Earnings

Upcoming dividend of CA$0.30 per share

VP of Finance & CFO recently sold CA$84k worth of stock

Topaz Energy (TSE:TPZ) Has Announced That It Will Be Increasing Its Dividend To CA$0.30

High number of new directors

Now 21% undervalued

Third quarter 2022 earnings released: EPS: CA$0.13 (vs CA$0.039 in 3Q 2021)

Topaz Energy Corp. Declares Fourth Quarter Dividend, Payable on December 30, 2022

Topaz Energy Corp. Announces Dividend, Payable on September 29, 2022

Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Topaz Energy Corp. to Report Q3, 2022 Results on Nov 01, 2022

Upcoming dividend of CA$0.28 per share

Director exercised options to buy CA$1.4m worth of stock.

Now 22% undervalued after recent price drop

Consensus EPS estimates increase by 21%

Estimating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)

Topaz Energy Corp. Declares Third Quarter Dividend Payable on September 30, 2022

Topaz Energy Corp. Reaffirms Production Guidance for the Full Year December 31, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger

Consensus EPS estimates increase by 13%

Price target increased to CA$29.54

VP of Finance & CFO recently bought CA$150k worth of stock

Upcoming dividend of CA$0.26 per share

VP of Finance & CFO recently bought CA$104k worth of stock

Here's Why I Think Topaz Energy (TSE:TPZ) Might Deserve Your Attention Today

Chairman recently bought CA$233k worth of stock

Consensus revenue estimates increase by 10%

Analysts Just Made A Huge Upgrade To Their Topaz Energy Corp. (TSE:TPZ) Forecasts

First quarter 2022 earnings: EPS misses analyst expectations

Topaz Energy Corp. Declares Dividend for the Second Quarter of 2022, Payable on June 30, 2022

High number of new and inexperienced directors

Topaz Energy Corp., Annual General Meeting, Jun 16, 2022

Topaz Energy Corp. to Report Q1, 2022 Results on May 03, 2022

Topaz Energy Corp. (TSX:TPZ) entered into a definitive agreement to acquire Keystone Royalty Corp. from Craig Lothian and others for CAD 85.2 million.

There's Been No Shortage Of Growth Recently For Topaz Energy's (TSE:TPZ) Returns On Capital

Now 21% undervalued

VP of Finance & CFO exercised options to buy CA$266k worth of stock.

Consensus EPS estimates increase by 15%

Upcoming dividend of CA$0.26 per share

Topaz Energy Corp. Provides Production Guidance for the Year 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind