Cardinal Energy Ltd.

DB:C0Y Stock Report

Market Cap: €721.8m

Cardinal Energy Management

Management criteria checks 4/4

Cardinal Energy's CEO is M. Ratushny, appointed in Jul 2012, has a tenure of 12.5 years. total yearly compensation is CA$2.63M, comprised of 13.3% salary and 86.7% bonuses, including company stock and options. directly owns 2.6% of the company’s shares, worth €18.74M. The average tenure of the management team and the board of directors is 7.2 years and 7.4 years respectively.

Key information

M. Ratushny

Chief executive officer

CA$2.6m

Total compensation

CEO salary percentage13.3%
CEO tenure12.5yrs
CEO ownership2.6%
Management average tenure7.2yrs
Board average tenure7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has M. Ratushny's remuneration changed compared to Cardinal Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$103m

Jun 30 2024n/an/a

CA$117m

Mar 31 2024n/an/a

CA$104m

Dec 31 2023CA$3mCA$350k

CA$104m

Sep 30 2023n/an/a

CA$197m

Jun 30 2023n/an/a

CA$191m

Mar 31 2023n/an/a

CA$262m

Dec 31 2022CA$2mCA$333k

CA$303m

Sep 30 2022n/an/a

CA$228m

Jun 30 2022n/an/a

CA$457m

Mar 31 2022n/an/a

CA$368m

Dec 31 2021CA$2mCA$317k

CA$284m

Sep 30 2021n/an/a

CA$365m

Jun 30 2021n/an/a

CA$98m

Mar 31 2021n/an/a

CA$62m

Dec 31 2020CA$440kCA$293k

-CA$363m

Sep 30 2020n/an/a

-CA$498m

Jun 30 2020n/an/a

-CA$493m

Mar 31 2020n/an/a

-CA$469m

Dec 31 2019CA$2mCA$304k

-CA$34m

Sep 30 2019n/an/a

CA$66m

Jun 30 2019n/an/a

CA$74m

Mar 31 2019n/an/a

CA$57m

Dec 31 2018CA$1mCA$320k

CA$61m

Compensation vs Market: M.'s total compensation ($USD1.82M) is about average for companies of similar size in the German market ($USD1.44M).

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

CEO

M. Ratushny (59 yo)

12.5yrs

Tenure

CA$2,630,460

Compensation

Mr. M. Scott Ratushny has been the Chief Executive Officer of Cardinal Energy Ltd, since May 11, 2015 and served as its President since November 9, 2017 until February 2019. Mr. Ratushny served as the Chie...

Leadership Team

NamePositionTenureCompensationOwnership
M. Ratushny
Chairman & CEO12.5yrsCA$2.63m2.6%
€ 18.7m
Shawn Van Spankeren
Chief Financial Officer7yrsCA$1.62m0.36%
€ 2.6m
Dale Orton
Chief Operating Officer7.2yrsCA$1.45m0.34%
€ 2.5m
Robert Ernest Wollmann
Senior Vice President of Exploration7.2yrsCA$1.46m0.39%
€ 2.8m
Shannon Gangl
Corporate Secretaryno datano datano data

7.2yrs

Average Tenure

55yo

Average Age

Experienced Management: C0Y's management team is seasoned and experienced (7.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
M. Ratushny
Chairman & CEO13.7yrsCA$2.63m2.6%
€ 18.7m
John Brussa
Independent Director12.5yrsCA$245.56k2.73%
€ 19.7m
John Festival
Director1.2yrsCA$156.12k0.28%
€ 2.0m
Stephanie Sterling
Lead Independent Director7.4yrsCA$245.56k0.19%
€ 1.4m
John Gordon
Independent Director3.7yrsCA$231.67k0.048%
€ 347.1k

7.4yrs

Average Tenure

63yo

Average Age

Experienced Board: C0Y's board of directors are considered experienced (7.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/04 04:48
End of Day Share Price 2025/01/03 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

Cardinal Energy Ltd. is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Capital Markets
Laique Ahmad Amir ArifATB Capital Markets
Randy OllenbergerBMO Capital Markets Equity Research