Citicore Energy REIT Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Oliver Tan

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.5yrs
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	3.5yrs

Recent management updates

Recent updates

CEO

Oliver Tan (46 yo)

3.5yrs

Tenure

Mr. Oliver Y. Tan serves as President and Chief Executive Officer at Citicore Energy REIT Corp. and has been its Director since May 25, 2021. He serves as President and Chief Executive Officer at Citicore...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Oliver Tan	President	no data	no data	no data
Michelle Magdato	CFO, Chief Risk Officer & Treasurer	no data	no data	0.00015% ₱ 29.9k
Steven Sy	Corporate Information Officer & Assistant Corporate Secretary	less than a year	no data	no data
Gideon De Villa	Investor Relations Officer	no data	no data	no data
Raymund Jay Gomez	Compliance Officer	no data	no data	no data
Abigail Joan Cosico	Chief Investor Relations & Corporate Communications and Branding Officer	less than a year	no data	0.0031% ₱ 610.9k
Manuel Ferrer	ED of Infrastructure Development	no data	no data	0% ₱ 0
Danica Evangelista	Corporate Secretary	less than a year	no data	no data

0.4yrs

Average Tenure

46yo

Average Age

Experienced Management: CREIT's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Oliver Tan	President	3.5yrs	no data	no data
Manuel Ferrer	ED of Infrastructure Development	3.5yrs	no data	0% ₱ 0
Elizabeth Anne Uychaco	Non-Independent Director	3.5yrs	no data	0% ₱ 0
Emmanuel Herbosa	Independent Director	less than a year	no data	0% ₱ 0
Edgar Saavedra	Chairman	3.5yrs	no data	0% ₱ 0
Ian Jason Aguirre	Director	less than a year	no data	0% ₱ 0
Jose Layug	Independent Director	3.5yrs	no data	0% ₱ 0
Pacita Juan	Independent Director	3.5yrs	no data	0% ₱ 0

3.5yrs

Average Tenure

51.5yo

Average Age

Experienced Board: CREIT's board of directors are considered experienced (3.5 years average tenure).

Citicore Energy REIT Management

Management criteria checks 1/4

Key information

Recent management updates

Citicore Energy REIT Corp. Announces Executive Changes

Citicore Energy REIT Corp., Annual General Meeting, Jun 07, 2024

Citicore Energy REIT Corp. Elects Mr. Emmanuel G. effective 14 December 2023

Leonilo G. Coronel Resignation as Independent Director of Citicore Energy REIT Corp

Insider recently bought ₱510k worth of stock

Citicore Energy Reit Corp. Appoints Danica C. Evangelista as Assistant Corporate Secretary

Recent updates

Now 20% undervalued

Third quarter 2024 earnings released: EPS: ₱0.05 (vs ₱0.06 in 3Q 2023)

Third quarter dividend of ₱0.049 announced

Upcoming dividend of ₱0.049 per share

Citicore Energy REIT Corp. Announces Dividend, Payable on October 4, 2024

Second quarter 2024 earnings released: EPS: ₱0.05 (vs ₱0.05 in 2Q 2023)

First quarter dividend of ₱0.049 announced

Now 21% undervalued after recent price drop

Now 31% undervalued after recent price drop

Citicore Energy REIT Corp. Announces Executive Changes

Now 20% undervalued

Upcoming dividend of ₱0.049 per share

Now 20% undervalued

Dividend of ₱0.049 announced

First quarter 2024 earnings released: EPS: ₱0.05 (vs ₱0.047 in 1Q 2023)

Now 20% undervalued

Now 20% undervalued

Upcoming dividend of ₱0.054 per share

Citicore Energy REIT Corp., Annual General Meeting, Jun 07, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

SM Investments Corporation (PSE:SM) acquired 28.79% stake in Citicore Energy REIT Corp. (PSE:CREIT) from Citicore Renewable Energy Corporation (PSE:CREC) for PHP5 billion.

SM Investments Corporation (PSE:SM) acquired 28.79% stake in Citicore Energy REIT Corp. (PSE:CREIT) from Citicore Renewable Energy Corporation (PSE:CREC) for PHP5 billion.

Third quarter dividend increased to ₱0.054

Citicore Energy REIT Corp. Declares Cash Dividend, Payable on 15 May 2024

Now 20% undervalued

Now 20% undervalued

Upcoming dividend of ₱0.049 per share at 7.6% yield

Citicore Energy REIT Corp. Elects Mr. Emmanuel G. effective 14 December 2023

Third quarter 2023 earnings released: EPS: ₱0.06 (vs ₱0.05 in 3Q 2022)

Price target decreased by 10% to ₱3.05

Upcoming dividend of ₱0.049 per share at 7.6% yield

Second quarter 2023 earnings released: EPS: ₱0.05 (vs ₱0.05 in 2Q 2022)

Leonilo G. Coronel Resignation as Independent Director of Citicore Energy REIT Corp

Insider recently bought ₱510k worth of stock

Citicore Energy Reit Corp. Appoints Danica C. Evangelista as Assistant Corporate Secretary

Upcoming dividend of ₱0.047 per share at 7.5% yield

First quarter 2023 earnings released: EPS: ₱0.05 (vs ₱0.046 in 1Q 2022)

Citicore Energy REIT Corp., Annual General Meeting, Jun 08, 2023

Citicore Energy REIT Corp. Declares Cash Dividend for the First Quarter of 2023

Upcoming dividend of ₱0.051 per share at 7.0% yield

Consensus revenue estimates fall by 13%

High number of new and inexperienced directors

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Third quarter 2022 earnings released: EPS: ₱0.05 (vs ₱0.012 in 3Q 2021)

Upcoming dividend of ₱0.044 per share

Third quarter 2022 earnings released: EPS: ₱0.05 (vs ₱0.02 in 3Q 2021)

Citicore Energy REIT Corp. Declares Cash Dividends, Representing Income from the Third Quarter of the Year Alone, and Payable on January 5, 2023

Insider recently bought ₱6.7m worth of stock

Insider recently bought ₱592k worth of stock

Citicore Energy REIT Corp. Announces Resignation of Elaine O. Wong, Corporate Legal Counsel and Assistant Corporate Secretary

Citicore Energy REIT Corp. Declares Cash Dividend for the Second Quarter of 2022, Payable on September 14, 2022

Chief Financial Officer recently bought ₱482k worth of stock

Citicore Energy REIT Approves the Declaration of Cash Dividends for First Quarter of 2022 Payable on June 24, 2022

Insider recently bought ₱9.9m worth of stock

Citicore Energy REIT Corp. (PSE:CREIT) entered into a letter of deed to acquire BULACAN PROPERTY for 1.75 billion.

Citicore Energy REIT Corp. has completed an IPO in the amount of PHP 5.563638 billion.

Citicore Energy REIT Corp. has completed an IPO in the amount of PHP 5.563638 billion.

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age