Horizon Oil Limited

OTCPK:HZNF.F Stock Report

Market Cap: US$194.3m

Horizon Oil Management

Management criteria checks 4/4

Horizon Oil's CEO is Richard Beament, appointed in Jul 2022, has a tenure of 2.33 years. total yearly compensation is $664.55K, comprised of 35.4% salary and 64.6% bonuses, including company stock and options. directly owns 0.79% of the company’s shares, worth $1.54M. The average tenure of the management team and the board of directors is 2.3 years and 5.1 years respectively.

Key information

Richard Beament

Chief executive officer

US$664.6k

Total compensation

CEO salary percentage35.4%
CEO tenure2.3yrs
CEO ownership0.8%
Management average tenure2.3yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Richard Beament's remuneration changed compared to Horizon Oil's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024US$665kUS$235k

US$26m

Mar 31 2024n/an/a

US$35m

Dec 31 2023n/an/a

US$43m

Sep 30 2023n/an/a

US$44m

Jun 30 2023US$1mUS$336k

US$44m

Mar 31 2023n/an/a

US$40m

Dec 31 2022n/an/a

US$35m

Sep 30 2022n/an/a

US$30m

Jun 30 2022US$539kUS$319k

US$24m

Dec 31 2021n/an/a

US$11m

Sep 30 2021n/an/a

US$8m

Jun 30 2021US$480kUS$312k

US$5m

Dec 31 2020n/an/a

US$10m

Sep 30 2020n/an/a

US$13m

Jun 30 2020US$384kUS$294k

US$16m

Mar 31 2020n/an/a

US$19m

Dec 31 2019n/an/a

US$23m

Sep 30 2019n/an/a

US$30m

Jun 30 2019US$435kUS$304k

US$36m

Compensation vs Market: Richard's total compensation ($USD664.55K) is below average for companies of similar size in the US market ($USD1.46M).

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

CEO

Richard Beament

2.3yrs

Tenure

US$664,552

Compensation

Mr. Richard Beament serves as Chief Executive Officer, Managing Director and Director of Horizon Oil Limited since July 01, 2022. He served as Chief Financial Officer at Horizon Oil Ltd since July 1, 2018...

Leadership Team

NamePositionTenureCompensationOwnership
Richard Beament
MD, CEO & Director2.3yrsUS$664.55k0.79%
$ 1.5m
Kyle Keen
CFO & Assistant Company Secretary2.3yrsUS$403.71k0.30%
$ 573.5k
Gavin Douglas
Group Chief Operating Officer2.3yrsUS$445.38k0.36%
$ 699.3k
Vasilios Margiankakos
Company Secretary & Group Tax Manager2.3yrsno datano data

2.3yrs

Average Tenure

Experienced Management: HZNF.F's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Richard Beament
MD, CEO & Director2.3yrsUS$664.55k0.79%
$ 1.5m
Richard Harding
Independent Non-Executive Chairman6yrsUS$77.29k0.031%
$ 59.7k
Peter Goode
Independent Non-Executive Directorless than a yearno datano data
Bruce Frederick Clement
Independent Non-Executive Director4.2yrsUS$38.65kno data
Nigel Burgess
Non-Executive Director3.3yrsUS$38.65kno data
Gregory Bittar
Non-Executive Director7.7yrsUS$38.65k0.061%
$ 119.4k
Sandra Birkensleigh
Non-Executive Independent Director8.8yrsUS$38.65kno data
Bruno Lorenzon
Alternate Non-Executive Director7.7yrsno datano data

5.1yrs

Average Tenure

67yo

Average Age

Experienced Board: HZNF.F's board of directors are considered experienced (5.1 years average tenure).