NuVista Energy Management

Management criteria checks 3/4

NuVista Energy's CEO is Jonathan Wright, appointed in May 2011, has a tenure of 12.92 years. total yearly compensation is CA$3.33M, comprised of 15.5% salary and 84.5% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth €7.36M. The average tenure of the management team and the board of directors is 6.3 years and 12.9 years respectively.

Key information

Jonathan Wright

Chief executive officer

CA$3.3m

Total compensation

CEO salary percentage	15.5%
CEO tenure	12.9yrs
CEO ownership	0.4%
Management average tenure	6.3yrs
Board average tenure	12.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jonathan Wright's remuneration changed compared to NuVista Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	CA$3m	CA$515k	CA$368m
Sep 30 2023	n/a	n/a	CA$438m
Jun 30 2023	n/a	n/a	CA$551m
Mar 31 2023	n/a	n/a	CA$641m
Dec 31 2022	CA$3m	CA$479k	CA$631m
Sep 30 2022	n/a	n/a	CA$585m
Jun 30 2022	n/a	n/a	CA$508m
Mar 31 2022	n/a	n/a	CA$320m
Dec 31 2021	CA$2m	CA$449k	CA$265m
Sep 30 2021	n/a	n/a	CA$867m
Jun 30 2021	n/a	n/a	CA$676m
Mar 31 2021	n/a	n/a	CA$606m
Dec 31 2020	CA$1m	CA$410k	-CA$198m
Sep 30 2020	n/a	n/a	-CA$943m
Jun 30 2020	n/a	n/a	-CA$906m
Mar 31 2020	n/a	n/a	-CA$817m
Dec 31 2019	CA$2m	CA$455k	-CA$64m
Sep 30 2019	n/a	n/a	CA$70m
Jun 30 2019	n/a	n/a	CA$81m
Mar 31 2019	n/a	n/a	CA$78m
Dec 31 2018	CA$2m	CA$455k	CA$136m
Sep 30 2018	n/a	n/a	CA$67m
Jun 30 2018	n/a	n/a	CA$59m
Mar 31 2018	n/a	n/a	CA$78m
Dec 31 2017	CA$2m	CA$455k	CA$94m

Compensation vs Market: Jonathan's total compensation ($USD2.44M) is above average for companies of similar size in the German market ($USD1.62M).

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

CEO

Jonathan Wright (57 yo)

12.9yrs

Tenure

CA$3,327,212

Compensation

Mr. Jonathan Andrew Wright, P. Eng. has been the Chief Executive Officer at NuVista Energy Ltd. since May 09, 2011 and served as President at NuVista Energy Ltd.since May 09, 2011 until March 1, 2024. Mr....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jonathan Wright	CEO & Non-Independent Director	12.9yrs	CA$3.33m	0.41% CA$ 7.4m
Michael Lawford	President & COO	6.3yrs	CA$1.98m	0.11% CA$ 2.0m
Ivan Condic	VP of Finance	1.3yrs	CA$1.31m	0.051% CA$ 927.1k
Kevin Asman	Vice President of Marketing	14.3yrs	CA$1.24m	0.097% CA$ 1.7m
Tanya Dickison	Director of Human Resources & ESG Communications	2.1yrs	no data	no data

6.3yrs

Average Tenure

Experienced Management: NVG's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jonathan Wright	CEO & Non-Independent Director	12.9yrs	CA$3.33m	0.41% CA$ 7.4m
Keith A. MacPhail	Independent Director	20.9yrs	CA$172.20k	1.51% CA$ 27.2m
Grant Zawalsky	Independent Director	20.9yrs	CA$157.20k	0.10% CA$ 1.9m
Ronald J. Poelzer	Independent Director	20.9yrs	CA$162.80k	2.81% CA$ 50.8m
Pentti Karkkainen	Independent Chairman	20.8yrs	CA$222.49k	0.073% CA$ 1.3m
Ronald Eckhardt	Independent Director	11.1yrs	CA$167.20k	0.077% CA$ 1.4m
Deborah Stein	Independent Director	7.7yrs	CA$172.20k	0.016% CA$ 286.2k
Mary Lutey	Independent Director	less than a year	CA$145.33k	no data
K.L. Holzhauser	Independent Director	2.3yrs	CA$167.49k	0.0049% CA$ 87.6k

12.9yrs

Average Tenure

62yo

Average Age

Experienced Board: NVG's board of directors are seasoned and experienced ( 12.9 years average tenure).

NuVista Energy Management

Management criteria checks 3/4

Key information

Recent management updates

Nuvista Energy Ltd. Appoints of Michael Lawford President & Chief Operating Officer, Effective , February 29, 2024

NuVista Energy Ltd., Annual General Meeting, May 07, 2024

Vice President of Marketing recently sold €828k worth of stock

NuVista Energy Ltd. Elects Mary Ellen Lutey as Director

Chief Operating Officer recently bought €294k worth of stock

VP of Finance recently sold €276k worth of stock

Recent updates

Nuvista Energy Ltd. Appoints of Michael Lawford President & Chief Operating Officer, Effective , February 29, 2024

Full year 2023 earnings released: EPS: CA$1.70 (vs CA$2.78 in FY 2022)

NuVista Energy Ltd., Annual General Meeting, May 07, 2024

NuVista Energy Ltd. Provides Production Guidance for the Full Year 2023 and for the First Quarter of 2024 and Re-Affirms Production Guidance for the Year 2024

NuVista Energy Ltd. to Report Q3, 2024 Results on Nov 11, 2024

Vice President of Marketing recently sold €828k worth of stock

Third quarter 2023 earnings released

NuVista Energy Ltd. Provides Production Guidance for the Third Quarter and Revises Production Guidance for the Full Year of 2023

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

NuVista Energy Ltd. Revises Annual Production Guidance for the Year 2023

Nuvista Energy Ltd. Provides Update on Wildfire Impact in Grande Prairie Operations

An unknown buyer acquired Underutilized gas processing facility of NuVista Energy Ltd. for $26 million.

NuVista Energy Ltd. Elects Mary Ellen Lutey as Director

NuVista Energy Ltd. Temporarily Shuts in and Depressures All Operations Proximal to the Ongoing Fires

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: CA$2.78 (vs CA$1.17 in FY 2021)

NuVista Energy Ltd. Provides Production Guidance for the First Quarter and Full Year of Fiscal 2023

Chief Operating Officer recently bought €294k worth of stock

VP of Finance recently sold €276k worth of stock

Insufficient new directors

Third quarter 2022 earnings released: EPS: CA$0.99 (vs CA$0.65 in 3Q 2021)

Nuvista Energy Ltd. Provides Production Guidance for the Third, Fourth, Full Year 2022 and 2023

Investor sentiment improved over the past week

Independent Director recently sold €121k worth of stock

Investor sentiment improved over the past week

VP of Finance recently sold €397k worth of stock

Second quarter 2022 earnings released: EPS: CA$0.78 (vs CA$0.048 loss in 2Q 2021)

Investor sentiment deteriorated over the past week

Chief Operating Officer recently bought €109k worth of stock

First quarter 2022 earnings released: EPS: CA$0.31 (vs CA$0.068 in 1Q 2021)

NuVista Energy Ltd. Revises Production Guidance for the Full Year 2022

Insufficient new directors

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment improved over the past week

Independent Director recently sold €141k worth of stock

Investor sentiment improved over the past week

NuVista Energy Ltd. Reaffirms Production Guidance for the First Quarter and Full Year 2022

Independent Director recently sold €881k worth of stock

Third quarter 2021 earnings released

Second quarter 2021 earnings released

First quarter 2021 earnings released

NuVista Energy Ltd. Re-Affirms Production Guidance for the Full Year 2021; Provides Production Guidance for the Second Quarter of 2021

Full year 2020 earnings released

Revenue beats expectations

An unknown buyer entered into a definitive purchase and sale agreement to acquire Non-Core Charlie Lake and Cretaceous Unit and Selected Water Infrastructure Assets in Wembley Area from NuVista Energy Ltd. (TSX:NVA) for CAD 94 million.

New 90-day high: €1.12

New 90-day high: €0.85

NuVista Energy Ltd., Annual General Meeting, May 11, 2021

New 90-day high: €0.66

New 90-day high: €0.64

New 90-day high: €0.57

Third quarter 2020 earnings released: CA$0.20 loss per share

Independent Director recently bought €447k worth of stock

NuVista Energy Ltd. (TSX: NVA) acquired Grid Resources Ltd. for $49 million.

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age