Basic Energy Management
Management criteria checks 1/4
Basic Energy's CEO is Oscar de Venecia, appointed in Sep 2023, has a tenure of 1.42 years. total yearly compensation is ₱6.46M, comprised of 79% salary and 21% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth ₱6.06M. The average tenure of the management team and the board of directors is 1.7 years and 4 years respectively.
Key information
Oscar de Venecia
Chief executive officer
₱6.5m
Total compensation
| CEO salary percentage | 79.0% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.7yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -₱47m |
| Jun 30 2024 | n/a | n/a | -₱114m |
| Mar 31 2024 | n/a | n/a | -₱6m |
| Dec 31 2023 | ₱6m | ₱5m | ₱43m |
Compensation vs Market: Oscar's total compensation ($USD111.80K) is above average for companies of similar size in the PH market ($USD3.18K).
Compensation vs Earnings: Insufficient data to compare Oscar's compensation with company performance.
CEO
Oscar de Venecia (56 yo)
1.4yrs
Tenure
₱6,458,800
Compensation
Mr. Oscar L. De Venecia, Jr., serves as its CEO & Vice Chairmen since September 20, 2023 and previously served as President & Chief Executive Officer of Basic Energy Corporation until December 31, 2022. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Vice Chairman | 1.4yrs | ₱6.46m | 0.32% ₱ 6.1m | |
| President | 1.4yrs | ₱4.74m | 0.000070% ₱ 1.3k | |
| VP of Finance & Treasurer | 7.1yrs | ₱4.13m | no data | |
| Compliance Officer | 3.6yrs | no data | no data | |
| Legal Counsel | 1.3yrs | no data | no data | |
| Corporate Secretary | 2yrs | no data | no data |
1.7yrs
Average Tenure
45yo
Average Age
Experienced Management: BSC's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Vice Chairman | 17.9yrs | ₱6.46m | 0.32% ₱ 6.1m | |
| President | 2.1yrs | ₱4.74m | 0.000070% ₱ 1.3k | |
| Member of Advisory Board | 14.5yrs | no data | 0.00023% ₱ 4.3k | |
| Independent Director | 17.8yrs | no data | 0.051% ₱ 968.8k | |
| Vice Chairman | 3.8yrs | no data | 0% ₱ 0 | |
| Member of Advisory Board | 3.7yrs | no data | no data | |
| Member of Advisory Board | 9.6yrs | no data | 1.02% ₱ 19.4m | |
| Independent Director | 1.1yrs | no data | 0.000070% ₱ 1.3k | |
| Chairman of Advisory Board | 14yrs | no data | 0.40% ₱ 7.6m | |
| Independent Director | 4.3yrs | no data | 0.000070% ₱ 1.3k | |
| Independent Chairman of the Board | 3.8yrs | no data | no data | |
| Director | less than a year | no data | 0.000070% ₱ 1.3k |
4.0yrs
Average Tenure
61yo
Average Age
Experienced Board: BSC's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 20:58 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Basic Energy Corporation is covered by 0 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.