PrimeEnergy Resources Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Charles Drimal
Chief executive officer
US$4.6m
Total compensation
| CEO salary percentage | 17.7% |
| CEO tenure | 36.7yrs |
| CEO ownership | 29.2% |
| Management average tenure | no data |
| Board average tenure | 36.3yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$38m |
| Dec 31 2023 | US$5m | US$816k | US$28m |
| Sep 30 2023 | n/a | n/a | US$36m |
| Jun 30 2023 | n/a | n/a | US$38m |
| Mar 31 2023 | n/a | n/a | US$39m |
| Dec 31 2022 | US$4m | US$742k | US$49m |
| Sep 30 2022 | n/a | n/a | US$42m |
| Jun 30 2022 | n/a | n/a | US$28m |
| Mar 31 2022 | n/a | n/a | US$15m |
| Dec 31 2021 | US$4m | US$700k | US$2m |
| Sep 30 2021 | n/a | n/a | -US$7m |
| Jun 30 2021 | n/a | n/a | US$262k |
| Mar 31 2021 | n/a | n/a | -US$4m |
| Dec 31 2020 | US$4m | US$700k | -US$2m |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$6m |
| Mar 31 2020 | n/a | n/a | US$6m |
| Dec 31 2019 | US$3m | US$625k | US$3m |
| Sep 30 2019 | n/a | n/a | US$13m |
| Jun 30 2019 | n/a | n/a | US$15m |
| Mar 31 2019 | n/a | n/a | US$8m |
| Dec 31 2018 | US$3m | US$541k | US$15m |
| Sep 30 2018 | n/a | n/a | US$28m |
| Jun 30 2018 | n/a | n/a | US$22m |
| Mar 31 2018 | n/a | n/a | US$23m |
| Dec 31 2017 | US$3m | US$515k | US$42m |
Compensation vs Market: Charles's total compensation ($USD4.61M) is above average for companies of similar size in the US market ($USD1.62M).
Compensation vs Earnings: Charles's compensation has been consistent with company performance over the past year.
CEO
Charles Drimal (76 yo)
36.7yrs
Tenure
US$4,605,562
Compensation
Mr. Charles E. Drimal, Jr., has been the President of PrimeEnergy Management Corporation, a subsidiary of PrimeEnergy Resources Corporation (formerly known as PrimeEnergy Corporation) since May 1983 and se...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 36.7yrs | US$4.61m | 29.17% $ 54.4m | |
| Executive VP | 36.3yrs | US$2.39m | 0.28% $ 522.8k | |
| Independent Director | 4yrs | US$30.00k | 4.1% $ 7.6m | |
| Independent Director | 36.3yrs | US$30.00k | 0.017% $ 31.4k | |
| Independent Director | 35.3yrs | US$30.00k | 0.056% $ 104.6k |
36.3yrs
Average Tenure
76yo
Average Age
Experienced Board: PNRG's board of directors are seasoned and experienced ( 36.3 years average tenure).