Questerre Energy Corporation

OB:QEC Stock Report

Market Cap: NOK 842.1m

Questerre Energy Management

Management criteria checks 3/4

Questerre Energy's CEO is Michael Binnion, appointed in Nov 2000, has a tenure of 24.17 years. total yearly compensation is CA$620.55K, comprised of 51.9% salary and 48.1% bonuses, including company stock and options. directly owns 2.93% of the company’s shares, worth NOK24.71M. The average tenure of the management team and the board of directors is 19.2 years and 9.8 years respectively.

Key information

Michael Binnion

Chief executive officer

CA$620.6k

Total compensation

CEO salary percentage51.9%
CEO tenure24.2yrs
CEO ownership2.9%
Management average tenure19.2yrs
Board average tenure9.8yrs

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 2024n/an/a

-CA$25m

Jun 30 2024n/an/a

-CA$25m

Mar 31 2024n/an/a

-CA$25m

Dec 31 2023CA$621kCA$322k

-CA$24m

Sep 30 2023n/an/a

CA$2m

Jun 30 2023n/an/a

CA$5m

Mar 31 2023n/an/a

CA$13m

Dec 31 2022CA$1mCA$258k

CA$14m

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

Compensation vs Market: Michael's total compensation ($USD429.55K) is above average for companies of similar size in the Norwegian market ($USD283.45K).

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

CEO

Michael Binnion (63 yo)

24.2yrs

Tenure

CA$620,551

Compensation

Mr. Michael Rupert Binnion, C.A., founded Questerre Energy Corp. and has been its Chief Executive Officer and President since November 2000. He has been Independent Chairman of High Arctic Overseas Holding...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Binnion
President24.2yrsCA$620.55k2.93%
NOK 24.7m
Jason D'Silva
Chief Financial Officer18.8yrsCA$456.71k0.76%
NOK 6.4m
Peter Coldham
Vice President of Engineering & Operations19.1yrsCA$305.03k0.023%
NOK 196.6k
John Brodylo
Vice President of Exploration21yrsCA$305.03k0.18%
NOK 1.5m
Rick Tityk
Vice President of Land19.2yrsCA$354.03k0.023%
NOK 196.6k

19.2yrs

Average Tenure

63yo

Average Age

Experienced Management: QEC's management team is seasoned and experienced (19.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Binnion
President24.2yrsCA$620.55k2.93%
NOK 24.7m
Dennis Sykora
Independent Director11.8yrsCA$85.42k0.10%
NOK 872.1k
Bjorn Tonnessen
Independent Chairman17.2yrsCA$135.11k0.011%
NOK 89.4k
Hans Holden
Independent Director7.8yrsCA$85.42k0.0058%
NOK 49.1k
Jauvonne Kitto
Independent Directorless than a yearno datano data
Mireille Fontaine
Independent Director4.6yrsCA$76.95kno data

9.8yrs

Average Tenure

Experienced Board: QEC's board of directors are considered experienced (9.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 11:04
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
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 here.

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 .

Analyst Sources

Questerre Energy Corporation is covered by 17 analysts. 0 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