Tesgas S.A.

WSE:TSG Stock Report

Market Cap: zł20.4m

Tesgas Management

Management criteria checks 2/4

Tesgas' CEO is Wlodzimierz Kocik, appointed in Jan 2004, has a tenure of 22.42 years. total yearly compensation is PLN1.15M, comprised of 99.6% salary and 0.4% bonuses, including company stock and options. directly owns 32.88% of the company’s shares, worth PLN6.70M. The average tenure of the management team and the board of directors is 6 years and 7 years respectively.

Key information

Wlodzimierz Kocik

Chief executive officer

zł1.2m

Total compensation

CEO salary percentage99.57%
CEO tenure22.4yrs
CEO ownership32.9%
Management average tenure6yrs
Board average tenure7yrs

Recent management updates

Analysis Article • Dec 03

Does Tesgas' (WSE:TSG) CEO Salary Compare Well With The Performance Of The Company?

Wlodzimierz Kocik is the CEO of Tesgas S.A. ( WSE:TSG ), and in this article, we analyze the executive's compensation...

Recent updates

Analysis Article • Apr 05

The Returns On Capital At Tesgas (WSE:TSG) Don't Inspire Confidence

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...
Analysis Article • Jan 18

Tesgas S.A.'s (WSE:TSG) 29% Share Price Surge Not Quite Adding Up

Tesgas S.A. ( WSE:TSG ) shareholders would be excited to see that the share price has had a great month, posting a 29...
Analysis Article • Aug 02

Returns Are Gaining Momentum At Tesgas (WSE:TSG)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Feb 25

We Like These Underlying Return On Capital Trends At Tesgas (WSE:TSG)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article • Nov 28

We Think That There Are More Issues For Tesgas (WSE:TSG) Than Just Sluggish Earnings

Shareholders didn't appear too concerned by Tesgas S.A.'s ( WSE:TSG ) weak earnings. We did some digging, and we...
Analysis Article • Nov 21

Tesgas (WSE:TSG) Might Have The Makings Of A Multi-Bagger

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article • Aug 20

Returns Are Gaining Momentum At Tesgas (WSE:TSG)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Jul 02

Should You Be Adding Tesgas (WSE:TSG) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • May 14

Tesgas (WSE:TSG) Might Have The Makings Of A Multi-Bagger

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article • Apr 01

Here's Why I Think Tesgas (WSE:TSG) Might Deserve Your Attention Today

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Analysis Article • Feb 05

We Like These Underlying Trends At Tesgas (WSE:TSG)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Dec 30

Do Tesgas's (WSE:TSG) Earnings Warrant Your Attention?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article • Dec 03

Does Tesgas' (WSE:TSG) CEO Salary Compare Well With The Performance Of The Company?

Wlodzimierz Kocik is the CEO of Tesgas S.A. ( WSE:TSG ), and in this article, we analyze the executive's compensation...

CEO Compensation Analysis

How has Wlodzimierz Kocik's remuneration changed compared to Tesgas's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-zł11m

Dec 31 2025n/an/a

-zł11m

Sep 30 2025n/an/a

-zł6m

Jun 30 2025n/an/a

-zł5m

Mar 31 2025n/an/a

-zł4m

Dec 31 2024zł1mzł1m

-zł202k

Sep 30 2024n/an/a

zł3m

Jun 30 2024n/an/a

zł3m

Mar 31 2024n/an/a

zł4m

Dec 31 2023zł753kzł748k

zł4m

Sep 30 2023n/an/a

zł1m

Jun 30 2023n/an/a

zł2m

Mar 31 2023n/an/a

zł3m

Dec 31 2022zł993kzł988k

zł3m

Sep 30 2022n/an/a

zł6m

Jun 30 2022n/an/a

zł6m

Mar 31 2022n/an/a

zł6m

Dec 31 2021zł753kzł748k

zł7m

Sep 30 2021n/an/a

zł6m

Jun 30 2021n/an/a

zł7m

Mar 31 2021n/an/a

zł6m

Dec 31 2020zł709kzł704k

zł7m

Sep 30 2020n/an/a

zł6m

Jun 30 2020n/an/a

zł5m

Mar 31 2020n/an/a

zł5m

Dec 31 2019zł533kzł528k

zł4m

Compensation vs Market: Wlodzimierz's total compensation ($USD312.30K) is above average for companies of similar size in the Polish market ($USD176.23K).

Compensation vs Earnings: Wlodzimierz's compensation has increased whilst the company is unprofitable.

CEO

Wlodzimierz Kocik

22.4yrs
Tenure
zł1,150,000
Compensation

Mr. Wlodzimierz Kocik has been the President of Management Board at TESGAS S.A. since 2004. Mr. Kocik has had over 16 years of experience in the gas sector. Since 1994 he has been working in the Piecobioga...

Leadership Team

NamePositionTenureCompensationOwnership
Wlodzimierz Kocik
President of the Management Board22.4yrszł1.15m32.88%
PLN 6.7m
Marcin Szrejter
Vice President of the Management Board5yrszł635.00kno data
Jaroslaw Kocik
Member of the Management Board1.9yrszł369.00kno data
Elzbieta Kocik
Secretary of the Supervisory Board & Member of the Supervisory Board7yrszł138.00kno data
6.0yrs
Average Tenure

Experienced Management: TSG's management team is seasoned and experienced (6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Elzbieta Kocik
Secretary of the Supervisory Board & Member of the Supervisory Board7yrszł138.00kno data
Piotr Stobiecki
Independent Chairman of the Supervisory Board14.4yrszł66.00kno data
Tomasz Skoczynski
Vice Chairman of the Supervisory Board7yrszł54.00kno data
Mariusz Mirek
Member of the Supervisory Board7yrszł50.00kno data
Lukasz Kalupa
Member of the Supervisory Board5.9yrszł51.00kno data
7.0yrs
Average Tenure

Experienced Board: TSG's board of directors are considered experienced (7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 16:54
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Tesgas S.A. is covered by 2 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
Pawel PuchalskiErste Bank Polska S.A.
Tomasz SokolowskiErste Bank Polska S.A.