Logan Energy Management
Management criteria checks 1/4
Logan Energy's CEO is Rick McHardy, appointed in Mar 2023, has a tenure of 1.83 years. total yearly compensation is CA$156.48K, comprised of 75.4% salary and 24.6% bonuses, including company stock and options. directly owns 4.5% of the company’s shares, worth $11.96M. The average tenure of the management team and the board of directors is 1.6 years and 1.6 years respectively.
Key information
Rick McHardy
Chief executive officer
CA$156.5k
Total compensation
| CEO salary percentage | 75.4% |
| CEO tenure | 1.8yrs |
| CEO ownership | 4.5% |
| Management average tenure | 1.6yrs |
| Board average tenure | 1.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$16m |
| Jun 30 2024 | n/a | n/a | -CA$892k |
| Mar 31 2024 | n/a | n/a | -CA$5m |
| Dec 31 2023 | CA$156k | CA$118k | -CA$34m |
Compensation vs Market: Rick's total compensation ($USD108.31K) is below average for companies of similar size in the US market ($USD1.41M).
Compensation vs Earnings: Insufficient data to compare Rick's compensation with company performance.
CEO
Rick McHardy (55 yo)
1.8yrs
Tenure
CA$156,479
Compensation
Mr. Richard Francis McHardy, also known as Rick, serves as Chief Executive Officer and Director of Logan Energy Corp. from June 2023 and served as its President from June 2023 to August 2024. Mr. McHardy s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.8yrs | CA$156.48k | 4.5% $ 12.0m | |
| President & COO | 1.6yrs | CA$216.65k | 2.03% $ 5.4m | |
| CFO & VP of Finance | 1.6yrs | no data | 1.65% $ 4.4m | |
| Vice President of Operations | 1.6yrs | CA$219.88k | 2.25% $ 6.0m | |
| Controller | 1.5yrs | no data | no data | |
| Corporate Secretary | 1.6yrs | no data | 0.54% $ 1.4m |
1.6yrs
Average Tenure
Experienced Management: LOEC.F's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.8yrs | CA$156.48k | 4.5% $ 12.0m | |
| Independent Director | 1.6yrs | no data | 1.68% $ 4.5m | |
| Independent Director | 1.6yrs | no data | 1.7% $ 4.5m | |
| Independent Director | 1.6yrs | no data | 0.22% $ 583.8k | |
| Independent Director | 1.6yrs | no data | 0.28% $ 744.3k | |
| Independent Chairperson | 1.6yrs | no data | 4.02% $ 10.7m | |
| Independent Director | 1.6yrs | no data | 1.19% $ 3.2m |
1.6yrs
Average Tenure
58yo
Average Age
Experienced Board: LOEC.F's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 10:19 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Logan Energy Corp. is covered by 12 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.
| Analyst | Institution |
|---|---|
| Jeremy McCrea | BMO Capital Markets Equity Research |
| Randy Ollenberger | BMO Capital Markets Equity Research |
| Christopher Thompson | CIBC Capital Markets |