Reconnaissance Energy Africa Ltd.

TSXV:RECO Stock Report

Market Cap: CA$272.2m

Reconnaissance Energy Africa Management

Management criteria checks 1/4

Reconnaissance Energy Africa's CEO is Brian Reinsborough, appointed in Aug 2023, has a tenure of 1.33 years. total yearly compensation is CA$343.92K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth CA$915.19K. The average tenure of the management team and the board of directors is 1.3 years and 0.5 years respectively.

Key information

Brian Reinsborough

Chief executive officer

CA$343.9k

Total compensation

CEO salary percentage100.0%
CEO tenure1.3yrs
CEO ownership0.3%
Management average tenure1.3yrs
Board average tenureless than a year

Recent management updates

Recent updates

Reconnaissance Energy Africa (CVE:RECO) Is In A Good Position To Deliver On Growth Plans

May 28
Reconnaissance Energy Africa (CVE:RECO) Is In A Good Position To Deliver On Growth Plans

We Think Reconnaissance Energy Africa (CVE:RECO) Can Afford To Drive Business Growth

Feb 07
We Think Reconnaissance Energy Africa (CVE:RECO) Can Afford To Drive Business Growth

Companies Like Reconnaissance Energy Africa (CVE:RECO) Are In A Position To Invest In Growth

Mar 01
Companies Like Reconnaissance Energy Africa (CVE:RECO) Are In A Position To Invest In Growth

CEO Compensation Analysis

How has Brian Reinsborough's remuneration changed compared to Reconnaissance Energy Africa's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$66m

Jun 30 2024n/an/a

CA$63m

Mar 31 2024CA$344kCA$344k

CA$64m

Compensation vs Market: Brian's total compensation ($USD238.55K) is below average for companies of similar size in the Canadian market ($USD734.12K).

Compensation vs Earnings: Insufficient data to compare Brian's compensation with company performance.

CEO

Brian Reinsborough (62 yo)

1.3yrs

Tenure

CA$343,920

Compensation

Mr. Brian C. Reinsborough serves as President & CEO of Reconnaissance Energy Africa LTD since August 01, 2023 and serves as its Director since November 20, 2024. He serves as President & CEO of Founded Ven...

Leadership Team

NamePositionTenureCompensationOwnership
Brian Reinsborough
President1.3yrsCA$343.92k0.34%
CA$ 915.2k
Carlos Escribano
Chief Financial Officer4.9yrsCA$324.00k0.045%
CA$ 123.0k
Nicholas Steinsberger
Senior Vice President of Drilling & Completions4.5yrsCA$407.97k0.30%
CA$ 823.0k
Diana McQueen
Executive Chairman of the Boardless than a yearno data0.0060%
CA$ 16.4k
Dilek Kuban
Chief Compliance Officer2yrsno data0.096%
CA$ 262.1k
Adam Rubin
General Counsel & Corporate Secretary1.3yrsno data0.050%
CA$ 137.4k
Gitane De Silva
Senior Vice President ESGless than a yearno datano data
Christopher Sembritzky
Senior Vice President of Explorationless than a yearno data0.057%
CA$ 154.9k
Ansgar Wanke
Geologistno datano datano data

1.3yrs

Average Tenure

61yo

Average Age

Experienced Management: RECO's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Brian Reinsborough
Presidentless than a yearCA$343.92k0.34%
CA$ 915.2k
Diana McQueen
Executive Chairman of the Boardless than a yearno data0.0060%
CA$ 16.4k
William Aylesworth
Independent Directorless than a yearno datano data
Iman Mohamed Hill
Independent Director1.3yrsCA$27.33kno data
Joseph Davis
Lead Independent Director2.9yrsCA$21.71k0.049%
CA$ 133.2k
Donald Harder
Independent Directorless than a yearno data0.0038%
CA$ 10.3k

0.5yrs

Average Tenure

62yo

Average Age

Experienced Board: RECO's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 06:35
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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

Reconnaissance Energy Africa Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher JonesHaywood Securities Inc.