Nexera Energy Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Shelby Beattie

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	22.7yrs
CEO ownership	n/a
Management average tenure	19.3yrs
Board average tenure	17.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shelby Beattie's remuneration changed compared to Nexera Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$3m
Sep 30 2023	n/a	n/a	-CA$3m
Jun 30 2023	n/a	n/a	-CA$3m
Mar 31 2023	n/a	n/a	-CA$852k
Dec 31 2022	n/a	n/a	-CA$2m
Sep 30 2022	n/a	n/a	-CA$4m
Jun 30 2022	n/a	n/a	-CA$3m
Mar 31 2022	n/a	n/a	-CA$4m
Dec 31 2021	CA$179k	CA$179k	-CA$4m
Sep 30 2021	n/a	n/a	-CA$5m
Jun 30 2021	n/a	n/a	-CA$5m
Mar 31 2021	n/a	n/a	-CA$5m
Dec 31 2020	CA$168k	CA$168k	-CA$4m
Sep 30 2020	n/a	n/a	-CA$5m
Jun 30 2020	n/a	n/a	-CA$5m
Mar 31 2020	n/a	n/a	-CA$5m
Dec 31 2019	CA$196k	CA$196k	-CA$5m
Sep 30 2019	n/a	n/a	-CA$4m
Jun 30 2019	n/a	n/a	-CA$4m
Mar 31 2019	n/a	n/a	-CA$4m
Dec 31 2018	CA$176k	CA$176k	-CA$3m
Sep 30 2018	n/a	n/a	-CA$4m
Jun 30 2018	n/a	n/a	-CA$4m
Mar 31 2018	n/a	n/a	-CA$4m
Dec 31 2017	CA$177k	CA$177k	-CA$4m

Compensation vs Market: Insufficient data to establish whether Shelby's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Shelby's compensation has increased whilst the company is unprofitable.

CEO

Shelby Beattie

22.7yrs

Tenure

CA$178,746

Compensation

Mr. Shelby D. Beattie has been the Chief Executive Officer of Nexera Energy Inc. (formerly known as Emerald Bay Energy Inc.) since February 25, 2005 and President since September 2001. Mr. Beattie has been...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shelby Beattie	President	22.7yrs	CA$178.75k	no data
Michael Rice	CFO, VP & Secretary	19.3yrs	CA$156.00k	no data
Gibson Scott	COO & Director	19.3yrs	CA$7.50k	no data

19.3yrs

Average Tenure

Experienced Management: NGY's management team is seasoned and experienced (19.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shelby Beattie	President	27yrs	CA$178.75k	no data
Gibson Scott	COO & Director	21.1yrs	CA$7.50k	no data
Kendall Dilling	Independent Director	14.2yrs	CA$7.50k	no data
Graham Carter	Independent Director	1.9yrs	no data	2.8% CA$ 31.5k

17.6yrs

Average Tenure

Experienced Board: NGY's board of directors are seasoned and experienced ( 17.6 years average tenure).

Nexera Energy Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Nexera Energy Inc., Annual General Meeting, Mar 10, 2021

Recent updates

Full year 2023 earnings released: CA$0.005 loss per share (vs CA$0.037 loss in FY 2022)

Nexera Energy Inc. announced that it expects to receive CAD 0.65 million in funding

Third quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.019 loss in 3Q 2022)

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: CA$0.018 loss per share (vs CA$0.012 loss in 2Q 2022)

Full year 2022 earnings released: CA$0.037 loss per share (vs CA$0.066 loss in FY 2021)

Third quarter 2022 earnings released: CA$0.019 loss per share (vs CA$0.007 loss in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: CA$0.012 loss per share (vs CA$0.006 loss in 2Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: CA$0.065 loss per share (vs CA$0.17 loss in FY 2020)

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2021 earnings released: CA$0.018 loss per share (vs CA$0.005 loss in 2Q 2020)

First quarter 2021 earnings released: CA$0.027 loss per share (vs CA$0.018 loss in 1Q 2020)

Full year 2020 earnings released: CA$0.17 loss per share (vs CA$0.27 loss in FY 2019)

Nexera Energy Inc. (TSXV:NGY) entered into an agreement to acquire the remaining 25% stake in Production Resources Inc. from Hillcrest Investments Ltd. for $0.4 million.

Nexera Energy Inc. Provides Further Drilling At Huebinger

Nexera Energy Inc. announced that it has received CAD 0.8 million in funding

Nexera Energy Inc. (TSXV:NGY) acquired Cotulla Vacuum Services, Ltd. for $0.62 million.

Nexera and Hugo Gutierrez to Test for Poth Play at Stockdale

Nexera Enters Confirmation Phase of Recent Discovery

Nexera Energy Inc. announced that it expects to receive CAD 0.5 million in funding

Nexera to Drill Patriot #2 Well At Wooden Horse

Nexera Energy Inc., Annual General Meeting, Mar 10, 2021

Nexera Energy Inc. Begins Flowing Stockdale Horizon 1H Well

Nexera Energy Inc. to Test Stockdale Horizon First Half of Well

Nexera Energy Inc. announced that it has received CAD 1.08523 million in funding

Nexera Energy Inc. Announces Rig Mobilization to Stockdale Horizon

Third quarter 2020 earnings released: CA$0.021 loss per share

Nexera Energy Inc. announced that it expects to receive CAD 1 million in funding

First half earnings released

Hugo A. Gutierrez Jr. acquired 50% stake in LaVernia Properties Comprising 30 Oil and Gas Leases for $0.19 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure