Baytex Energy Management
Management criteria checks 2/4
Baytex Energy's CEO is Eric Greager, appointed in Nov 2022, has a tenure of 1.5 years. total yearly compensation is CA$3.55M, comprised of 16.2% salary and 83.8% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth $4.03M. The average tenure of the management team and the board of directors is 1.5 years and 3.8 years respectively.
Key information
Eric Greager
Chief executive officer
CA$3.5m
Total compensation
CEO salary percentage | 16.2% |
CEO tenure | 1.5yrs |
CEO ownership | 0.1% |
Management average tenure | 1.5yrs |
Board average tenure | 3.8yrs |
Recent management updates
Recent updates
Baytex Energy: Projected 2024 Free Cash Flow Improves To Over US$500 Million
Mar 21Baytex Energy: One Of Best E&Ps For Oil Bulls
Mar 04Baytex Energy Is Worth Some Thought
Feb 19Baytex Energy May Be The Most Undervalued Energy Stock On My Radar
Jan 18Baytex: Downgrading To 'Buy' On Lower Oil Price Assumptions
Dec 17Baytex Energy: Solid Operational Performance, But Lowered Free Cash Flow Expectations
Dec 05Baytex Energy: Choosing Between Profits And More Profits
Nov 03Baytex Energy: Taking Advantage Of A Good Deal
Oct 04Baytex Energy: Strong Oil Prices Push Projected H2 2023 FCF Above US$400 Million
Sep 04Baytex Energy: Is The Stock Still Dirt Cheap?
Jul 28Baytex Energy: Going For More
Jul 12Baytex Energy: Leaving The Past Behind
Jun 22Baytex Energy sets 2021 capital budget above $225M, efficiency to boost 30%
Dec 02Baytex Energy: High Risk, High Reward
Nov 09Baytex Energy: Heavily Leveraged, But No Debt Maturities Until 2024
Nov 05Baytex Energy Corp. 2020 Q3 - Results - Earnings Call Presentation
Nov 03CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | CA$4m | CA$575k | -CA$233m |
Sep 30 2023 | n/a | n/a | CA$745m |
Jun 30 2023 | n/a | n/a | CA$883m |
Mar 31 2023 | n/a | n/a | CA$850m |
Dec 31 2022 | CA$3m | CA$90k | CA$856m |
Compensation vs Market: Eric's total compensation ($USD2.59M) is below average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.
CEO
Eric Greager (53 yo)
1.5yrs
Tenure
CA$3,548,328
Compensation
Mr. Eric Thomas Greager served as an Independent Director of Amplify Energy Corp. since April 2022. He serves as President, CEO & Director at Baytex Energy Corp. since November 4, 2022. He served as Presid...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 1.5yrs | CA$3.55m | 0.14% CA$ 4.0m | |
Executive VP & CFO | 1.5yrs | CA$1.58m | 0.041% CA$ 1.2m | |
Chief Operating Officer | 2.8yrs | CA$1.75m | 0.063% CA$ 1.8m | |
Senior VP of Capital Markets & Investor Relations | 10.2yrs | CA$1.12m | 0.044% CA$ 1.3m | |
Senior VP & GM of Canadian Heavy Oil Operations | less than a year | CA$401.46 | 0.062% CA$ 1.8m | |
Chief Legal Officer & Corporate Secretary | 5.8yrs | CA$787.79k | 0.0098% CA$ 285.4k | |
Senior VP & GM of U.S. Eagle Ford Oil Operations | less than a year | no data | 0.065% CA$ 1.9m | |
VP of Finance & Treasurer | less than a year | no data | 0.0027% CA$ 79.1k |
1.5yrs
Average Tenure
44.5yo
Average Age
Experienced Management: BTE's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 1.5yrs | CA$3.55m | 0.14% CA$ 4.0m | |
Independent Director | 4.2yrs | CA$206.00k | 0.010% CA$ 298.5k | |
Independent Director | 7.8yrs | CA$205.00k | 0.020% CA$ 581.0k | |
Independent Director | 5.8yrs | CA$190.00k | 0.032% CA$ 923.1k | |
Independent Director | less than a year | CA$165.00k | 0.019% CA$ 553.4k | |
Independent Director | 3.5yrs | CA$200.00k | 0.0095% CA$ 274.7k | |
Independent Director | 1.3yrs | CA$184.80k | 0.0058% CA$ 169.7k | |
Independent Director | less than a year | CA$166.50k | 0.011% CA$ 305.8k | |
Independent Director | 4.7yrs | CA$211.00k | 0.021% CA$ 612.4k | |
Independent Chairman of the Board | 6.5yrs | CA$309.13k | 0.066% CA$ 1.9m |
3.8yrs
Average Tenure
60.5yo
Average Age
Experienced Board: BTE's board of directors are considered experienced (3.8 years average tenure).