Tourmaline Oil Corp.

BMV:TOU N Stock Report

Market Cap: Mex$300.2b

Tourmaline Oil Management

Management criteria checks 4/4

Tourmaline Oil's CEO is Mike Rose, appointed in Aug 2008, has a tenure of 15.83 years. total yearly compensation is CA$5.68M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 4.46% of the company’s shares, worth MX$13.39B. The average tenure of the management team and the board of directors is 6.8 years and 12.3 years respectively.

Key information

Mike Rose

Chief executive officer

CA$5.7m

Total compensation

CEO salary percentage10.6%
CEO tenure15.8yrs
CEO ownership4.5%
Management average tenure6.8yrs
Board average tenure12.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Rose's remuneration changed compared to Tourmaline Oil's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

CA$2b

Dec 31 2023CA$6mCA$600k

CA$2b

Sep 30 2023n/an/a

CA$1b

Jun 30 2023n/an/a

CA$3b

Mar 31 2023n/an/a

CA$4b

Dec 31 2022CA$5mCA$600k

CA$4b

Sep 30 2022n/an/a

CA$6b

Jun 30 2022n/an/a

CA$4b

Mar 31 2022n/an/a

CA$2b

Dec 31 2021CA$6mCA$600k

CA$2b

Sep 30 2021n/an/a

CA$2b

Jun 30 2021n/an/a

CA$1b

Mar 31 2021n/an/a

CA$902m

Dec 31 2020CA$5mCA$600k

CA$618m

Sep 30 2020n/an/a

CA$50m

Jun 30 2020n/an/a

CA$61m

Mar 31 2020n/an/a

CA$196m

Dec 31 2019CA$3mCA$600k

CA$320m

Sep 30 2019n/an/a

CA$449m

Jun 30 2019n/an/a

CA$489m

Mar 31 2019n/an/a

CA$360m

Dec 31 2018CA$3mCA$600k

CA$401m

Sep 30 2018n/an/a

CA$299m

Jun 30 2018n/an/a

CA$294m

Mar 31 2018n/an/a

CA$377m

Dec 31 2017CA$3mCA$450k

CA$347m

Compensation vs Market: Mike's total compensation ($USD4.16M) is about average for companies of similar size in the MX market ($USD5.93M).

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

CEO

Mike Rose (66 yo)

15.8yrs

Tenure

CA$5,684,223

Compensation

Mr. Michael L. Rose, also known as Mike, P.Geol., founded Tourmaline Oil Corp. in August 2008 and has been its Chief Executive Officer and President since then. Mr. Rose served as Chief Executive Officer a...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Rose
Chairman of the Board15.8yrsCA$5.68m4.46%
MX$ 13.4b
Brian Robinson
CFO & Non-Independent Director15.8yrsCA$3.26m0.36%
MX$ 1.1b
Earl McKinnon
Chief Operating Officerless than a yearCA$2.86m0.029%
MX$ 86.6m
Sherra Aspin
Vice President of Marketing6.8yrsCA$2.66m0.016%
MX$ 47.6m
Colin Frostad
Vice President of Exploration4.6yrsCA$2.12m0.012%
MX$ 36.3m
William Kirker
Chief Legal Officer & External Affairs15.8yrsno datano data
Katie Beck
General Counsel & Corporate Secretary3.3yrsno datano data

6.8yrs

Average Tenure

Experienced Management: TOU N's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Rose
Chairman of the Board15.8yrsCA$5.68m4.46%
MX$ 13.4b
Brian Robinson
CFO & Non-Independent Director15.8yrsCA$3.26m0.36%
MX$ 1.1b
Lee Allan Baker
Independent Director13.3yrsCA$190.67k0.0035%
MX$ 10.6m
John Elick
Independent Director11.3yrsCA$190.67k0.0055%
MX$ 16.4m
Jill Angevine
Independent Director8.6yrsCA$190.67k0.014%
MX$ 42.8m
William Armstrong
Independent Director15.7yrsCA$190.67k0.12%
MX$ 367.1m
Christopher Lee
Independent Directorless than a yearCA$112.34k0.0013%
MX$ 3.8m
Andrew MacDonald
Lead Independent Director13.3yrsCA$190.67k0.021%
MX$ 64.5m
Janet Weiss
Independent Director4yrsCA$190.67k0.0034%
MX$ 10.1m
Lucy Miller
Independent Director7yrsCA$190.67k0.0043%
MX$ 12.9m

12.3yrs

Average Tenure

65yo

Average Age

Experienced Board: TOU N's board of directors are seasoned and experienced ( 12.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/06/05 09:32
End of Day Share Price 2024/03/08 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Tourmaline Oil Corp. is covered by 28 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Patrick O'RourkeATB Capital Markets
Anthony LintonBarclays