Baytex Energy Management
Management criteria checks 2/4
Baytex Energy's CEO is Eric Greager, appointed in Nov 2022, has a tenure of less than a year. total yearly compensation is CA$3.07M, comprised of 2.9% salary and 97.1% bonuses, including company stock and options. directly owns 0.092% of the company’s shares, worth MX$32.60M. The average tenure of the management team and the board of directors is 4.7 years and 3.6 years respectively.
Key information
Eric Greager
Chief executive officer
CA$3.1m
Total compensation
| CEO salary percentage | 2.9% |
| CEO tenure | less than a year |
| CEO ownership | 0.09% |
| Management average tenure | 4.7yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | CA$3m | CA$90k | CA$856m |
Compensation vs Market: Eric's total compensation ($USD2.25M) is above average for companies of similar size in the MX market ($USD872.09K).
Compensation vs Earnings: Insufficient data to compare Eric's compensation with company performance.
CEO
Eric Greager (52 yo)
less than a year
Tenure
CA$3,074,662
Compensation
Mr. Eric Thomas Greager served as an Independent Director of Amplify Energy Corp. since April 2022. He serves as President, CEO & Director at Baytex Energy Corp. since November 4, 2022. He served as Presid...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | CA$3.07m | 0.092% MX$ 32.6m | |
| Executive VP & CFO | less than a year | CA$1.01m | 0.058% MX$ 20.5m | |
| Chief Operating & Sustainability Officer | 1.8yrs | CA$1.44m | 0.090% MX$ 32.0m | |
| Vice President of Capital Markets | 9.1yrs | CA$1.05m | 0.064% MX$ 22.8m | |
| Vice President of Heavy Oil | 11.3yrs | CA$1.16m | 0.093% MX$ 33.1m | |
| VP, General Counsel & Corporate Secretary | 4.7yrs | no data | 0.010% MX$ 3.7m | |
| Vice President of Corporate Development | 5.6yrs | no data | 0.086% MX$ 30.7m |
4.7yrs
Average Tenure
46.5yo
Average Age
Experienced Management: BTE N's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | CA$3.07m | 0.092% MX$ 32.6m | |
| Independent Director | 3.1yrs | CA$206.00k | 0.015% MX$ 5.5m | |
| Independent Director | 6.8yrs | CA$205.00k | 0.030% MX$ 10.7m | |
| Independent Director | 14.9yrs | CA$191.50k | 0.044% MX$ 15.8m | |
| Independent Director | 4.7yrs | CA$190.00k | 0.048% MX$ 17.0m | |
| Independent Director | 2.4yrs | CA$198.50k | 0.012% MX$ 4.4m | |
| Independent Director | less than a year | no data | 0.0018% MX$ 653.8k | |
| Independent Director | 3.6yrs | CA$211.00k | 0.032% MX$ 11.3m | |
| Independent Chairman of the Board | 5.4yrs | CA$309.00k | 0.090% MX$ 32.0m |
3.6yrs
Average Tenure
62yo
Average Age
Experienced Board: BTE N's board of directors are considered experienced (3.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/04/28 23:42 |
| End of Day Share Price | 2023/01/29 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Baytex Energy Corp. is covered by 29 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Laique Ahmad Amir Arif | ATB Capital Markets |
| Grant Hofer | Barclays |