Questerre Energy Corporation

BATS-CHIXE:QECO Stock Report

Market Cap: NOK 851.5m

Questerre Energy Management

Management criteria checks 4/4

Questerre Energy's CEO is Michael Binnion, appointed in Nov 2000, has a tenure of 22.33 years. total yearly compensation is CA$557.64K, comprised of 46.2% salary and 53.8% bonuses, including company stock and options. directly owns 4.51% of the company’s shares, worth NOK38.40M. The average tenure of the management team and the board of directors is 18.2 years and 10 years respectively.

Key information

Michael Binnion

Chief executive officer

CA$557.6k

Total compensation

CEO salary percentage46.2%
CEO tenure22.3yrs
CEO ownership4.5%
Management average tenure18.2yrs
Board average tenure10yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Binnion's remuneration changed compared to Questerre Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2022n/an/a

CA$4m

Jun 30 2022n/an/a

CA$3m

Mar 31 2022n/an/a

-CA$3m

Dec 31 2021CA$558kCA$258k

-CA$4m

Sep 30 2021n/an/a

CA$6m

Jun 30 2021n/an/a

CA$3m

Mar 31 2021n/an/a

-CA$3m

Dec 31 2020CA$483kCA$274k

-CA$118m

Sep 30 2020n/an/a

-CA$50m

Jun 30 2020n/an/a

-CA$48m

Mar 31 2020n/an/a

-CA$47m

Dec 31 2019CA$647kCA$325k

CA$66m

Sep 30 2019n/an/a

CA$13m

Jun 30 2019n/an/a

CA$10m

Mar 31 2019n/an/a

CA$12m

Dec 31 2018CA$547kCA$328k

CA$13m

Sep 30 2018n/an/a

-CA$19m

Jun 30 2018n/an/a

-CA$20m

Mar 31 2018n/an/a

-CA$24m

Dec 31 2017CA$1mCA$286k

-CA$25m

Sep 30 2017n/an/a

-CA$3m

Jun 30 2017n/an/a

-CA$1m

Mar 31 2017n/an/a

-CA$29k

Dec 31 2016CA$346kCA$246k

CA$169k

Compensation vs Market: Michael's total compensation ($USD410.22K) is about average for companies of similar size in the UK market ($USD348.41K).

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

CEO

Michael Binnion (61 yo)

22.3yrs

Tenure

CA$557,639

Compensation

Mr. Michael Rupert Binnion, C.A., founded Questerre Energy Corp., and has been its Chief Executive Officer and President since November 2000. Mr. Binnion served as an Interim Chief Executive Officer & Inte...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Binnion
President22.3yrsCA$557.64k4.51%
NOK 38.4m
Jason D'Silva
Chief Financial Officer17yrsCA$393.25k0.76%
NOK 6.5m
Peter Coldham
Vice President of Engineering & Operations17.3yrsCA$263.31k0.023%
NOK 198.7k
John Brodylo
Vice President of Exploration19.2yrsCA$313.64k0.18%
NOK 1.6m

18.2yrs

Average Tenure

61yo

Average Age

Experienced Management: QECO's management team is seasoned and experienced (18.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Binnion
President22.3yrsCA$557.64k4.51%
NOK 38.4m
Dennis Sykora
Independent Director10yrsCA$78.38k0.10%
NOK 881.9k
Bjorn Tonnessen
Independent Chairman15.3yrsCA$123.74k0.011%
NOK 89.4k
Hans Holden
Independent Director5.9yrsCA$78.38k0%
NOK 0
Mireille Fontaine
Independent Director2.8yrsCA$68.58kno data

10.0yrs

Average Tenure

Experienced Board: QECO's board of directors are seasoned and experienced ( 10 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/03/06 09:41
End of Day Share Price 2022/12/07 00:00
Earnings2022/09/30
Annual Earnings2021/12/31

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

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

AnalystInstitution
Trond OmdalArctic Securities ASA
Magnus SmistadBeringer Finance AB
Anthony PetrucciCanaccord Genuity