Western Exploration Inc.

TSXV:WEX Stock Report

Market Cap: CA$41.8m

Western Exploration Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Darcy Marud

Chief executive officer

US$150.0k

Total compensation

CEO salary percentage100.0%
CEO tenure3yrs
CEO ownership0.5%
Management average tenure3yrs
Board average tenure3yrs

Recent management updates

Recent updates

Here's Why We're Watching Western Exploration's (CVE:WEX) Cash Burn Situation

Nov 07
Here's Why We're Watching Western Exploration's (CVE:WEX) Cash Burn Situation

Is Western Exploration (CVE:WEX) In A Good Position To Invest In Growth?

May 22
Is Western Exploration (CVE:WEX) In A Good Position To Invest In Growth?

Will Western Exploration (CVE:WEX) Spend Its Cash Wisely?

Aug 20
Will Western Exploration (CVE:WEX) Spend Its Cash Wisely?

We Think Western Exploration (CVE:WEX) Can Afford To Drive Business Growth

Nov 02
We Think Western Exploration (CVE:WEX) Can Afford To Drive Business Growth

CEO Compensation Analysis

How has Darcy Marud's remuneration changed compared to Western Exploration's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$5m

Jun 30 2024n/an/a

-US$4m

Mar 31 2024n/an/a

-US$4m

Dec 31 2023US$150kUS$150k

-US$5m

Sep 30 2023n/an/a

-US$4m

Jun 30 2023n/an/a

-US$4m

Mar 31 2023n/an/a

-US$6m

Dec 31 2022US$150kUS$150k

-US$5m

Sep 30 2022n/an/a

-US$5m

Jun 30 2022n/an/a

-US$3m

Mar 31 2022n/an/a

-US$2m

Dec 31 2021n/an/a

-US$2m

Sep 30 2021n/an/a

-US$3m

Jun 30 2021n/an/a

-US$6m

Mar 31 2021n/an/a

-US$7m

Dec 31 2020US$150kUS$150k

-US$7m

Dec 31 2019US$150kUS$150k

-US$2m

Compensation vs Market: Darcy's total compensation ($USD150.00K) is about average for companies of similar size in the Canadian market ($USD163.24K).

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


CEO

Darcy Marud (61 yo)

3yrs

Tenure

US$150,000

Compensation

Mr. Darcy Edward Marud, P.Geo., serves as an Independent Director at Astra Exploration Inc. (Formerly, Momentous Capital Corp.) since January 18, 2022. He has been an Independent Director at Almadex Minera...


Leadership Team

NamePositionTenureCompensationOwnership
Darcy Marud
President3yrsUS$150.00k0.50%
CA$ 208.4k
Curtis Turner
Chief Financial Officer3yrsUS$60.00k0.024%
CA$ 10.1k
Nichole Cowles
Director of Investor Relations1.8yrsno datano data
Jacob Fainzilberg
Corporate Secretary3yrsno datano data

3.0yrs

Average Tenure

50yo

Average Age

Experienced Management: WEX's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Darcy Marud
President3yrsUS$150.00k0.50%
CA$ 208.4k
Marceau Schlumberger
Independent Chairman of the Board3yrsno data45.4%
CA$ 19.0m
Brian Kennedy
Independent Lead Director3yrsno datano data
Gerard Munera
Independent Director3yrsno data0.14%
CA$ 56.6k
John Rogers
Independent Director3yrsno datano data
Nicolas Schlumberger
Independent Director3yrsno data0.24%
CA$ 98.7k

3.0yrs

Average Tenure

67.5yo

Average Age

Experienced Board: WEX's board of directors are considered experienced (3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 16:45
End of Day Share Price 2024/12/27 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Western Exploration Inc. is covered by 0 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