Alvopetro Energy Management

Management criteria checks 3/4

Alvopetro Energy's CEO is Corey Ruttan, appointed in Nov 2013, has a tenure of 11.08 years. total yearly compensation is $784.24K, comprised of 37.5% salary and 62.5% bonuses, including company stock and options. directly owns 3.49% of the company’s shares, worth CA$6.44M. The average tenure of the management team and the board of directors is 11.1 years and 11.1 years respectively.

Key information

Corey Ruttan

Chief executive officer

US$784.2k

Total compensation

CEO salary percentage37.5%
CEO tenure11.1yrs
CEO ownership3.5%
Management average tenure11.1yrs
Board average tenure11.1yrs

Recent management updates

Recent updates

Many Still Looking Away From Alvopetro Energy Ltd. (CVE:ALV)

Dec 09
Many Still Looking Away From Alvopetro Energy Ltd. (CVE:ALV)

Alvopetro Energy Ltd. (CVE:ALV) Analysts Just Trimmed Their Revenue Forecasts By 12%

Nov 09
Alvopetro Energy Ltd. (CVE:ALV) Analysts Just Trimmed Their Revenue Forecasts By 12%

Investors Continue Waiting On Sidelines For Alvopetro Energy Ltd. (CVE:ALV)

Mar 21
Investors Continue Waiting On Sidelines For Alvopetro Energy Ltd. (CVE:ALV)

Is Alvopetro Energy Ltd. (CVE:ALV) Trading At A 24% Discount?

Jun 09
Is Alvopetro Energy Ltd. (CVE:ALV) Trading At A 24% Discount?

Should You Be Adding Alvopetro Energy (CVE:ALV) To Your Watchlist Today?

May 12
Should You Be Adding Alvopetro Energy (CVE:ALV) To Your Watchlist Today?

Returns On Capital Are A Standout For Alvopetro Energy (CVE:ALV)

Apr 13
Returns On Capital Are A Standout For Alvopetro Energy (CVE:ALV)

Investors Shouldn't Overlook Alvopetro Energy's (CVE:ALV) Impressive Returns On Capital

Dec 15
Investors Shouldn't Overlook Alvopetro Energy's (CVE:ALV) Impressive Returns On Capital

Alvopetro Energy (CVE:ALV) Could Become A Multi-Bagger

Jul 19
Alvopetro Energy (CVE:ALV) Could Become A Multi-Bagger

Alvopetro Energy (CVE:ALV) Has A Rock Solid Balance Sheet

Jun 17
Alvopetro Energy (CVE:ALV) Has A Rock Solid Balance Sheet

News Flash: Analysts Just Made A Sizeable Upgrade To Their Alvopetro Energy Ltd. (CVE:ALV) Forecasts

May 18
News Flash: Analysts Just Made A Sizeable Upgrade To Their Alvopetro Energy Ltd. (CVE:ALV) Forecasts

Market Participants Recognise Alvopetro Energy Ltd.'s (CVE:ALV) Earnings Pushing Shares 25% Higher

Mar 29
Market Participants Recognise Alvopetro Energy Ltd.'s (CVE:ALV) Earnings Pushing Shares 25% Higher

Alvopetro Energy (CVE:ALV) Is Investing Its Capital With Increasing Efficiency

Mar 08
Alvopetro Energy (CVE:ALV) Is Investing Its Capital With Increasing Efficiency

CEO Compensation Analysis

How has Corey Ruttan's remuneration changed compared to Alvopetro Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$15m

Jun 30 2024n/an/a

US$13m

Mar 31 2024n/an/a

US$21m

Dec 31 2023US$784kUS$294k

US$29m

Sep 30 2023n/an/a

US$33m

Jun 30 2023n/an/a

US$36m

Mar 31 2023n/an/a

US$33m

Dec 31 2022US$1mUS$275k

US$32m

Sep 30 2022n/an/a

US$29m

Jun 30 2022n/an/a

US$21m

Mar 31 2022n/an/a

US$18m

Dec 31 2021US$914kUS$253k

US$6m

Sep 30 2021n/an/a

US$6m

Jun 30 2021n/an/a

US$12m

Mar 31 2021n/an/a

US$7m

Dec 31 2020US$848kUS$228k

US$6m

Sep 30 2020n/an/a

US$2m

Jun 30 2020n/an/a

-US$7m

Mar 31 2020n/an/a

-US$7m

Dec 31 2019US$262kUS$193k

-US$5m

Sep 30 2019n/an/a

-US$5m

Jun 30 2019n/an/a

-US$4m

Mar 31 2019n/an/a

-US$4m

Dec 31 2018US$276kUS$183k

-US$4m

Sep 30 2018n/an/a

-US$5m

Jun 30 2018n/an/a

-US$7m

Mar 31 2018n/an/a

-US$7m

Dec 31 2017US$216kUS$199k

-US$7m

Compensation vs Market: Corey's total compensation ($USD784.24K) is above average for companies of similar size in the Canadian market ($USD164.07K).

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


CEO

Corey Ruttan (53 yo)

11.1yrs

Tenure

US$784,244

Compensation

Mr. Corey Christopher Ruttan, CA, has been the Chief Executive Officer and President at Alvopetro Energy Ltd. since November 2013 and its Director since September 25, 2013. Mr. Ruttan has oil and gas and i...


Leadership Team

NamePositionTenureCompensationOwnership
Corey Ruttan
CEO, President & Non-Independent Director11.1yrsUS$784.24k3.49%
CA$ 6.4m
Alison Howard
Chief Financial Officer11.1yrsUS$508.93k1.15%
CA$ 2.1m
Adrian Audet
Vice President of Asset Management4.3yrsUS$463.91k0.36%
CA$ 671.8k
Nanna Eliuk
Exploration Managerno datano datano data

11.1yrs

Average Tenure

Experienced Management: ALV's management team is seasoned and experienced (11.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Corey Ruttan
CEO, President & Non-Independent Director11.3yrsUS$784.24k3.49%
CA$ 6.4m
John Wright
Independent Chairman11.3yrsUS$125.46k3.03%
CA$ 5.6m
Kenneth McKinnon
Independent Director11.1yrsUS$105.57k0.44%
CA$ 816.8k
Geir Ytreland
Independent Director11.1yrsUS$105.57k0.22%
CA$ 401.8k
Roderick Fraser
Independent Director11yrsUS$105.57k0.38%
CA$ 694.0k
Firoz Talakshi
Independent Director11.1yrsUS$105.57k0.26%
CA$ 485.1k

11.1yrs

Average Tenure

65.5yo

Average Age

Experienced Board: ALV's board of directors are seasoned and experienced ( 11.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:27
End of Day Share Price 2024/12/20 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

Alvopetro Energy Ltd. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anish KapadiaHannam & Partners (Advisory) LLP
Ian MacqueenParadigm Capital, Inc.
Bill NewmanResearch Capital Corporation