How Much Is EnQuest PLC (LON:ENQ) CEO Getting Paid?

Amjad Bseisu has been the CEO of EnQuest PLC (LON:ENQ) since 2010, and this article will examine the executive's compensation with respect to the overall performance of the company. This analysis will also assess whether EnQuest pays its CEO appropriately, considering recent earnings growth and total shareholder returns.

Check out our latest analysis for EnQuest

How Does Total Compensation For Amjad Bseisu Compare With Other Companies In The Industry?

According to our data, EnQuest PLC has a market capitalization of UK£199m, and paid its CEO total annual compensation worth UK£1.9m over the year to December 2019. Notably, that's an increase of 15% over the year before. We think total compensation is more important but our data shows that the CEO salary is lower, at UK£622k.

In comparison with other companies in the industry with market capitalizations ranging from UK£75m to UK£299m, the reported median CEO total compensation was UK£1.1m. Hence, we can conclude that Amjad Bseisu is remunerated higher than the industry median.

Talking in terms of the industry, salary represented approximately 66% of total compensation out of all the companies we analyzed, while other remuneration made up 34% of the pie. In EnQuest's case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.

EnQuest PLC's Growth

Over the last three years, EnQuest PLC has shrunk its earnings per share by 104% per year. In the last year, its revenue is down 19%.

Few shareholders would be pleased to read that EPS have declined. This is compounded by the fact revenue is actually down on last year. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.

Has EnQuest PLC Been A Good Investment?

With a three year total loss of 47% for the shareholders, EnQuest PLC would certainly have some dissatisfied shareholders. So shareholders would probably want the company to be lessto generous with CEO compensation.

To Conclude...

As we noted earlier, EnQuest pays its CEO higher than the norm for similar-sized companies belonging to the same industry. This doesn't look good against shareholder returns, which have been negative for the past three years. Add to that declining EPS growth, and you have the perfect recipe for shareholder irritation. Overall, with such poor performance, shareholder's would probably have questions if the company decided to give the CEO a raise.

So you may want to check if insiders are buying EnQuest shares with their own money (free access).

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. 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.
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