Alvopetro Energy Management
Management criteria checks 2/4
Alvopetro Energy's CEO is Corey Ruttan, appointed in Nov 2013, has a tenure of 10.42 years. total yearly compensation is $1.14M, comprised of 24.1% salary and 75.9% bonuses, including company stock and options. directly owns 3.48% of the company’s shares, worth CA$5.91M. The average tenure of the management team and the board of directors is 10.4 years and 10.4 years respectively.
Key information
Corey Ruttan
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 24.1% |
| CEO tenure | 10.4yrs |
| CEO ownership | 3.5% |
| Management average tenure | 10.4yrs |
| Board average tenure | 10.4yrs |
Recent management updates
Recent updates
Investors Continue Waiting On Sidelines For Alvopetro Energy Ltd. (CVE:ALV)
Mar 21
Is Alvopetro Energy Ltd. (CVE:ALV) Trading At A 24% Discount?
Jun 09Should You Be Adding Alvopetro Energy (CVE:ALV) To Your Watchlist Today?
May 12Returns On Capital Are A Standout For Alvopetro Energy (CVE:ALV)
Apr 13Investors Shouldn't Overlook Alvopetro Energy's (CVE:ALV) Impressive Returns On Capital
Dec 15Alvopetro Energy (CVE:ALV) Could Become A Multi-Bagger
Jul 19Alvopetro Energy (CVE:ALV) Has A Rock Solid Balance Sheet
Jun 17News Flash: Analysts Just Made A Sizeable Upgrade To Their Alvopetro Energy Ltd. (CVE:ALV) Forecasts
May 18Market Participants Recognise Alvopetro Energy Ltd.'s (CVE:ALV) Earnings Pushing Shares 25% Higher
Mar 29Alvopetro Energy (CVE:ALV) Is Investing Its Capital With Increasing Efficiency
Mar 08Is Alvopetro Energy (CVE:ALV) Using Too Much Debt?
Sep 15Returns Are Gaining Momentum At Alvopetro Energy (CVE:ALV)
Jun 11Here's Why Alvopetro Energy (CVE:ALV) Has A Meaningful Debt Burden
May 10Alvopetro Energy (CVE:ALV) Shareholders Have Enjoyed A Whopping 562% Share Price Gain
Mar 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$29m |
| Sep 30 2023 | n/a | n/a | US$33m |
| Jun 30 2023 | n/a | n/a | US$36m |
| Mar 31 2023 | n/a | n/a | US$33m |
| Dec 31 2022 | US$1m | US$275k | US$32m |
| Sep 30 2022 | n/a | n/a | US$29m |
| Jun 30 2022 | n/a | n/a | US$21m |
| Mar 31 2022 | n/a | n/a | US$18m |
| Dec 31 2021 | US$914k | US$253k | US$6m |
| Sep 30 2021 | n/a | n/a | US$6m |
| Jun 30 2021 | n/a | n/a | US$12m |
| Mar 31 2021 | n/a | n/a | US$7m |
| Dec 31 2020 | US$848k | US$228k | US$6m |
| Sep 30 2020 | n/a | n/a | US$2m |
| Jun 30 2020 | n/a | n/a | -US$7m |
| Mar 31 2020 | n/a | n/a | -US$7m |
| Dec 31 2019 | US$262k | US$193k | -US$5m |
| Sep 30 2019 | n/a | n/a | -US$5m |
| Jun 30 2019 | n/a | n/a | -US$4m |
| Mar 31 2019 | n/a | n/a | -US$4m |
| Dec 31 2018 | US$276k | US$183k | -US$4m |
| Sep 30 2018 | n/a | n/a | -US$5m |
| Jun 30 2018 | n/a | n/a | -US$7m |
| Mar 31 2018 | n/a | n/a | -US$7m |
| Dec 31 2017 | US$216k | US$199k | -US$7m |
Compensation vs Market: Corey's total compensation ($USD1.14M) is above average for companies of similar size in the Canadian market ($USD173.84K).
Compensation vs Earnings: Corey's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Corey Ruttan (52 yo)
10.4yrs
Tenure
US$1,138,915
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 10.4yrs | US$1.14m | 3.48% $ 5.9m | |
| Chief Financial Officer | 10.4yrs | US$656.68k | 1.23% $ 2.1m | |
| Vice President of Asset Management | 3.7yrs | US$602.88k | 0.41% $ 696.1k | |
| Exploration Manager | no data | no data | no data |
10.4yrs
Average Tenure
Experienced Management: ALV's management team is seasoned and experienced (10.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 10.6yrs | US$1.14m | 3.48% $ 5.9m | |
| Independent Chairman | 10.6yrs | US$119.41k | 3.41% $ 5.8m | |
| Independent Director | 10.4yrs | US$110.55k | 0.43% $ 722.9k | |
| Independent Director | 10.4yrs | US$103.16k | 0.22% $ 369.2k | |
| Independent Director | 10.3yrs | US$106.86k | 0.38% $ 637.6k | |
| Independent Director | 10.4yrs | US$106.86k | 0.24% $ 404.5k |
10.4yrs
Average Tenure
64yo
Average Age
Experienced Board: ALV's board of directors are seasoned and experienced ( 10.4 years average tenure).