Alvopetro Energy Management

Management criteria checks 3/4

Alvopetro Energy's CEO is Corey Ruttan, appointed in Nov 2013, has a tenure of 11.17 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$6.04M. The average tenure of the management team and the board of directors is 11 years and 11 years respectively.

Key information

Corey Ruttan

Chief executive officer

US$784.2k

Total compensation

CEO salary percentage	37.5%
CEO tenure	11yrs
CEO ownership	3.5%
Management average tenure	11yrs
Board average tenure	11yrs

Recent management updates

Recent updates

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

Nov 09

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

Dec 15

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

Jul 19

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

Jun 17

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

May 18

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

Mar 29

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

Mar 08

CEO Compensation Analysis

How has Corey Ruttan's remuneration changed compared to Alvopetro Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$15m
Jun 30 2024	n/a	n/a	US$13m
Mar 31 2024	n/a	n/a	US$21m
Dec 31 2023	US$784k	US$294k	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 ($USD784.24K) is above average for companies of similar size in the Canadian market ($USD170.32K).

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

CEO

Corey Ruttan (53 yo)

11yrs

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

Name	Position	Tenure	Compensation	Ownership
Corey Ruttan	CEO, President & Non-Independent Director	11yrs	US$784.24k	3.49% CA$ 6.0m
Alison Howard	Chief Financial Officer	11yrs	US$508.93k	1.15% CA$ 2.0m
Adrian Audet	Vice President of Asset Management	4.3yrs	US$463.91k	0.36% CA$ 630.6k
Nanna Eliuk	Exploration Manager	no data	no data	no data

11.0yrs

Average Tenure

Experienced Management: ALV's management team is seasoned and experienced (11 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Corey Ruttan	CEO, President & Non-Independent Director	11.2yrs	US$784.24k	3.49% CA$ 6.0m
John Wright	Independent Chairman	11.2yrs	US$125.46k	3.03% CA$ 5.2m
Kenneth McKinnon	Independent Director	11yrs	US$105.57k	0.44% CA$ 766.6k
Geir Ytreland	Independent Director	11yrs	US$105.57k	0.22% CA$ 377.1k
Roderick Fraser	Independent Director	10.9yrs	US$105.57k	0.38% CA$ 651.4k
Firoz Talakshi	Independent Director	11yrs	US$105.57k	0.26% CA$ 455.3k

11.0yrs

Average Tenure

65.5yo

Average Age

Experienced Board: ALV's board of directors are seasoned and experienced ( 11 years average tenure).

Alvopetro Energy Management

Management criteria checks 3/4

Key information

Recent management updates

Vice President of Asset Management recently sold CA$80k worth of stock

Chief Financial Officer recently sold CA$82k worth of stock

Independent Chairman recently sold CA$87k worth of stock

Alvopetro Energy Ltd., Annual General Meeting, Jun 18, 2024

Key Executive recently sold CA$246k worth of stock

Chief Financial Officer exercised options to buy CA$385k worth of stock.

Recent updates

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

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Alvopetro Energy Ltd. to Report Q3, 2024 Results on Nov 07, 2024

Second quarter dividend of US$0.09 announced

Alvopetro Energy Ltd. Declares Quarterly Cash Dividend, Payable on October 15, 2024

Second quarter 2024 earnings released: EPS: US$0.06 (vs US$0.27 in 2Q 2023)

Vice President of Asset Management recently sold CA$80k worth of stock

Chief Financial Officer recently sold CA$82k worth of stock

First quarter dividend of US$0.09 announced

Alvopetro Energy Ltd. Declares Quarterly Cash Dividend, Payable on July 15, 2024

Independent Chairman recently sold CA$87k worth of stock

First quarter 2024 earnings released: EPS: US$0.12 (vs US$0.34 in 1Q 2023)

Investor sentiment improves as stock rises 25%

Alvopetro Energy Ltd., Annual General Meeting, Jun 18, 2024

Investor sentiment deteriorates as stock falls 25%

Consensus revenue estimates fall by 32%

Price target decreased by 41% to CA$7.75

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

Price target decreased by 10% to CA$12.38

Alvopetro Energy Ltd. Declares Quarterly Cash Dividend, Payable on April 15, 2024

Price target decreased by 9.7% to CA$13.10

Alvopetro Energy Ltd. to Report Q4, 2023 Results on Mar 19, 2024

Investor sentiment improves as stock rises 15%

Alvopetro Energy Ltd. Declares Quarterly Dividend, Payable on January 15, 2024

Third quarter 2023 earnings released: EPS: US$0.16 (vs US$0.26 in 3Q 2022)

Alvopetro Energy Ltd. Completes Drilling the 183-A3 Well on 100% Owned Murucututu Natural Gas Field and Bl-06 Well on Bom Lugar Field

Alvopetro Energy Ltd. to Report Q3, 2023 Results on Nov 08, 2023

Consensus EPS estimates fall by 13%, revenue upgraded

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of US$0.14 per share at 8.1% yield

Alvopetro Energy Ltd. Announces Quarterly Dividend, Payable in Cash on October 13, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Alvopetro Energy Ltd. to Report Q2, 2023 Results on Aug 09, 2023

Key Executive recently sold CA$246k worth of stock

Price target increased by 12% to CA$10.63

Now 21% undervalued

Upcoming dividend of US$0.14 per share at 7.2% yield

Alvopetro Energy Ltd. Announces Second Quarter 2023 Dividend, Payable in Cash on July 14, 2023

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

Alvopetro Energy Ltd. Commences Production from 197(1) Well

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

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 15%

Alvopetro Energy Ltd. to Report Q1, 2023 Results on May 10, 2023

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

Consensus EPS estimates increase by 18%

Chief Financial Officer exercised options to buy CA$385k worth of stock.

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment deteriorates as stock falls 15%

Price target decreased by 14% to CA$9.50

Alvopetro Energy Ltd. Completes Testing 182-C2 Well on 100% Owned and Operated Block 182

Upcoming dividend of US$0.12 per share

Independent Chairman exercised options to buy CA$179k worth of stock.

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

Independent Director exercised options to buy CA$123k worth of stock.

Alvopetro Energy Ltd. Announces 183-B1 Agua Grande Formation Test Results

Consensus EPS estimates fall by 18%

Third quarter 2022 earnings: EPS exceeds analyst expectations

Price target decreased to CA$9.50

Alvopetro Energy Ltd. Approves Quarterly Dividend, Payable on January 13, 2023

Insufficient new directors

Alvopetro Energy Ltd. Announces Initial Results from the First Interval Tested in the 183-B1 Well on 100% Owned and Operated Block 183

Vice President of Asset Management recently sold CA$62k worth of stock

Alvopetro Energy Ltd. Announces Drilling Results from the 182-C2 Well

Alvopetro Energy Ltd. Declares Quarterly Dividend, Payable on October 14, 2022

Consensus forecasts updated

Alvopetro Energy Ltd. Announces 182-C1 Well Results

Second quarter 2022 earnings released: EPS: US$0.20 (vs US$0.11 in 2Q 2021)

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