Sea Oil Management

Management criteria checks 3/4

Sea Oil's CEO is Neeracha Panboonhom, appointed in Jan 2011, has a tenure of 13.83 years. directly owns 9.97% of the company’s shares, worth THB199.01M. The average tenure of the management team and the board of directors is 10.8 years and 13.3 years respectively.

Key information

Neeracha Panboonhom

Chief executive officer

฿564.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	13.8yrs
CEO ownership	10.0%
Management average tenure	10.8yrs
Board average tenure	13.3yrs

Recent management updates

Recent updates

CEO

Neeracha Panboonhom (43 yo)

13.8yrs

Tenure

฿564,000

Compensation

Ms. Neeracha Panboonhom serves as Director of Prima Marine Public Company Limited since February 1, 2020. She has been Director, President and Chief Executive Officer at Sea Oil Public Company Limited sinc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Neeracha Panboonhom	President	13.8yrs	฿564.00k	9.97% THB 199.0m
Sasiprapha Thanuwattanachai	Chief Financial Officer	3.7yrs	no data	no data
Titaphorn Namwicha	Accounting Manager	10.8yrs	no data	no data
Saowanee Sutthitham	Compliance Manager & Company Secretary	12.8yrs	no data	no data
Kasidis Chareancholwanich	Vice President of Sales and Marketing	no data	no data	no data
Suthida Karuedetkosol	Senior Vice President of Business Development & Investment	8.5yrs	฿104.50k	0.0091% THB 182.4k

10.8yrs

Average Tenure

43yo

Average Age

Experienced Management: SEAOIL's management team is seasoned and experienced (10.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Neeracha Panboonhom	President	13.8yrs	฿564.00k	9.97% THB 199.0m
Apisit Rujikeatkamjorn	Chairman	13.3yrs	฿1.22m	3.18% THB 63.4m
Taweep Soontornsingha	Independent Vice Chairman	13.3yrs	฿940.00k	no data
Suraphon Meesathien	Non-Executive Director	13.3yrs	฿609.00k	0.53% THB 10.7m
Ruth Banomyong	Independent Director	13.3yrs	฿930.00k	no data
Kosit Fuangswasdi	Director	5.6yrs	฿780.00k	no data
Atchareeya Bansit	Independent Director	2.6yrs	฿805.00k	no data
Laddawan Chooban	Director	less than a year	no data	no data

13.3yrs

Average Tenure

67.5yo

Average Age

Experienced Board: SEAOIL's board of directors are seasoned and experienced ( 13.3 years average tenure).

Sea Oil Management

Management criteria checks 3/4

Key information

Recent management updates

Sea Oil Public Company Limited, Annual General Meeting, Apr 24, 2024

Less than half of directors are independent

Less than half of directors are independent

Sea Oil Public Company Limited Announces Executive Changes

Sea Oil Public Company Limited, Annual General Meeting, Apr 09, 2021

Recent updates

Upcoming dividend of ฿0.10 per share

Second quarter 2024 earnings released: EPS: ฿0.14 (vs ฿0.12 in 2Q 2023)

Now 20% undervalued after recent price drop

First quarter 2024 earnings released: EPS: ฿0.074 (vs ฿0.13 in 1Q 2023)

Sea Oil Public Company Limited Approves Dividend for Year Ended December 31, 2023, Payable on May 21, 2024

Upcoming dividend of ฿0.20 per share

Dividend of ฿0.20 announced

Sea Oil Public Company Limited, Annual General Meeting, Apr 24, 2024

Full year 2023 earnings released: EPS: ฿0.47 (vs ฿0.57 in FY 2022)

Third quarter 2023 earnings released: EPS: ฿0.14 (vs ฿0.15 in 3Q 2022)

New minor risk - Profit margin trend

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: ฿0.12 (vs ฿0.20 in 2Q 2022)

New major risk - Share price stability

Investor sentiment improves as stock rises 21%

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: ฿0.21 (vs ฿0.069 in 2Q 2021)

First quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Natural Energy Refinery Company Limited agreed to acquire Sea Oil Petrochemical Co.,Ltd. from Sea Oil Public Company Limited for THB 256 million.

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Third quarter 2021 earnings released

Second quarter 2021 earnings released: EPS ฿0.063 (vs ฿0.039 loss in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.022 (vs ฿0.013 in 1Q 2020)

Sea Oil Public Company Reports on Drilling Result and Production Performance of Concession L53/48 in First Quarter of 2021

Sea Oil Public Company Limited Announces Appraisal Well DD-10 Drilling Result and Production Area AA

Chief Financial Officer has left the company

Sea Oil Public Company Limited Announces Executive Changes

Sea Oil Public Company Limited, Annual General Meeting, Apr 09, 2021

Full year 2020 earnings released: ฿0.11 loss per share (vs ฿0.10 profit in FY 2019)

Sea Oil Public Company Limited Provides Annual Petroleum Reserves Report

New 90-day high: ฿3.24

New 90-day high: ฿2.56

Sea Oil Public Company Reports Exploration and Production Updates

Third quarter 2020 earnings released: ฿0.024 loss per share

New 90-day low: ฿2.24

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age