Shareholders Will Probably Hold Off On Increasing Etablissements Maurel & Prom S.A.'s (EPA:MAU) CEO Compensation For The Time Being

Key Insights

• Etablissements Maurel & Prom to hold its Annual General Meeting on 28th of May
• Salary of US$552.0k is part of CEO Olivier de Langavant's total remuneration
• The total compensation is 49% higher than the average for the industry
• Over the past three years, Etablissements Maurel & Prom's EPS grew by 85% and over the past three years, the total shareholder return was 308%

CEO Olivier de Langavant has done a decent job of delivering relatively good performance at Etablissements Maurel & Prom S.A. (EPA:MAU) recently. As shareholders go into the upcoming AGM on 28th of May, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. However, some shareholders may still be hesitant of being overly generous with CEO compensation.

See our latest analysis for Etablissements Maurel & Prom

How Does Total Compensation For Olivier de Langavant Compare With Other Companies In The Industry?

According to our data, Etablissements Maurel & Prom S.A. has a market capitalization of €1.3b, and paid its CEO total annual compensation worth US$2.0m over the year to December 2023. Notably, that's an increase of 37% over the year before. While we always look at total compensation first, our analysis shows that the salary component is less, at US$552k.

On comparing similar companies from the French Oil and Gas industry with market caps ranging from €921m to €2.9b, we found that the median CEO total compensation was US$1.3m. Hence, we can conclude that Olivier de Langavant is remunerated higher than the industry median. Furthermore, Olivier de Langavant directly owns €2.3m worth of shares in the company, implying that they are deeply invested in the company's success.

Component	2023	2022	Proportion (2023)
Salary	US$552k	US$482k	28%
Other	US$1.4m	US$974k	72%
Total Compensation	US$2.0m	US$1.5m	100%

On an industry level, around 28% of total compensation represents salary and 72% is other remuneration. Our data reveals that Etablissements Maurel & Prom allocates salary more or less in line with the wider market. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.

A Look at Etablissements Maurel & Prom S.A.'s Growth Numbers

Etablissements Maurel & Prom S.A. has seen its earnings per share (EPS) increase by 85% a year over the past three years. Revenue was pretty flat on last year.

Shareholders would be glad to know that the company has improved itself over the last few years. It's nice to see revenue heading northwards, as this is consistent with healthy business conditions. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..

Has Etablissements Maurel & Prom S.A. Been A Good Investment?

Most shareholders would probably be pleased with Etablissements Maurel & Prom S.A. for providing a total return of 308% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

To Conclude...

The company's decent performance might have made most shareholders happy, possibly making CEO remuneration the least of the concerns to be discussed in the upcoming AGM. However, any decision to raise CEO pay might be met with some objections from the shareholders given that the CEO is already paid higher than the industry average.

While CEO pay is an important factor to be aware of, there are other areas that investors should be mindful of as well. We did our research and spotted 1 warning sign for Etablissements Maurel & Prom that investors should look into moving forward.

Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.