Advantage Energy Ltd.

OTCPK:AAVV.F Stock Report

Market Cap: US$1.1b

Advantage Energy Management

Management criteria checks 4/4

Advantage Energy's CEO is Mike Belenkie, appointed in Nov 2019, has a tenure of 5.08 years. total yearly compensation is CA$2.59M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth $6.34M. The average tenure of the management team and the board of directors is 7.9 years and 3.6 years respectively.

Key information

Mike Belenkie

Chief executive officer

CA$2.6m

Total compensation

CEO salary percentage17.0%
CEO tenure5.1yrs
CEO ownership0.6%
Management average tenure7.9yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Belenkie's remuneration changed compared to Advantage Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$46m

Jun 30 2024n/an/a

CA$80m

Mar 31 2024n/an/a

CA$95m

Dec 31 2023CA$3mCA$442k

CA$102m

Sep 30 2023n/an/a

CA$175m

Jun 30 2023n/an/a

CA$187m

Mar 31 2023n/an/a

CA$349m

Dec 31 2022CA$3mCA$400k

CA$339m

Sep 30 2022n/an/a

CA$585m

Jun 30 2022n/an/a

CA$587m

Mar 31 2022n/an/a

CA$432m

Dec 31 2021CA$2mCA$355k

CA$412m

Sep 30 2021n/an/a

CA$76m

Jun 30 2021n/an/a

CA$11m

Mar 31 2021n/an/a

-CA$18m

Dec 31 2020CA$2mCA$355k

-CA$284m

Sep 30 2020n/an/a

-CA$310m

Jun 30 2020n/an/a

-CA$315m

Mar 31 2020n/an/a

-CA$292m

Dec 31 2019CA$2mCA$340k

-CA$25m

Sep 30 2019n/an/a

CA$2m

Jun 30 2019n/an/a

CA$20m

Mar 31 2019n/an/a

CA$2m

Dec 31 2018CA$991kCA$68k

CA$11m

Compensation vs Market: Mike's total compensation ($USD1.80M) is below average for companies of similar size in the US market ($USD3.22M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Belenkie (49 yo)

5.1yrs

Tenure

CA$2,591,173

Compensation

Mr. Michael E. Belenkie, also known as Mike, P. Eng., B.Sc., serves as President & Chief Executive Officer, Board Member at Entropy Inc. He serves as Chief Executive Officer and Director at Advantage Energ...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Belenkie
President5.1yrsCA$2.59m0.60%
$ 6.3m
Craig Blackwood
Chief Financial Officer11.3yrsCA$1.62m0.62%
$ 6.6m
Geoff Keyser
VP of Corporate Development2.9yrsCA$930.85k0.054%
$ 573.9k
Neil Bokenfohr
Senior Vice President10.8yrsCA$1.53m0.88%
$ 9.3m
Darren Tisdale
Vice President of Geosciences2.9yrsCA$939.65k0.098%
$ 1.0m
Brian Bagnell
VP of Commodities & Capital Markets1.2yrsno data0.0015%
$ 15.9k
Anthony Coombs
Controller20.3yrsno datano data
Jay Reid
Corporate Secretary23.7yrsno datano data

7.9yrs

Average Tenure

55yo

Average Age

Experienced Management: AAVV.F's management team is seasoned and experienced (7.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Belenkie
President2.9yrsCA$2.59m0.60%
$ 6.3m
John Festival
Independent Directorless than a yearno data0.060%
$ 634.2k
Andy Mah
Director18.5yrsCA$125.00k0.42%
$ 4.5m
David Smith
Directorless than a yearno data0.036%
$ 380.5k
Jill Angevine
Independent Director9.6yrsCA$125.00k0.048%
$ 507.3k
Norman MacDonald
Independent Director3.6yrsCA$125.00k0.060%
$ 634.2k
Stephen Balog
Independent Chairman of the Board17.3yrsCA$190.00k0.045%
$ 481.7k
Janine McArdle
Independent Director2.2yrsCA$132.50k0.0012%
$ 13.0k
Donald Clague
Independent Director4.5yrsCA$125.00k0.051%
$ 539.1k
Deirdre Choate
Independent Director3.6yrsCA$130.21k0.037%
$ 386.8k

3.6yrs

Average Tenure

62.5yo

Average Age

Experienced Board: AAVV.F's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 06:40
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Advantage Energy Ltd. is covered by 25 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Laique Ahmad Amir ArifATB Capital Markets
Patrick O'RourkeATB Capital Markets
Tariq SaadBMO Capital Markets Equity Research