NXT Energy Solutions Management
Management criteria checks 3/4
NXT Energy Solutions' CEO is Bruce Wilcox, appointed in Jun 2023, has a tenure of 1.5 years. total yearly compensation is CA$248.15K, comprised of 47.1% salary and 52.9% bonuses, including company stock and options. directly owns 0.98% of the company’s shares, worth $92.81K. The average tenure of the management team and the board of directors is 6 years and 6.5 years respectively.
Key information
Bruce Wilcox
Chief executive officer
CA$248.2k
Total compensation
| CEO salary percentage | 47.1% |
| CEO tenure | 1.5yrs |
| CEO ownership | 1.0% |
| Management average tenure | 6yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$7m |
| Jun 30 2024 | n/a | n/a | -CA$7m |
| Mar 31 2024 | n/a | n/a | -CA$6m |
| Dec 31 2023 | CA$248k | CA$117k | -CA$5m |
| Sep 30 2023 | n/a | n/a | -CA$6m |
| Jun 30 2023 | n/a | n/a | -CA$6m |
| Mar 31 2023 | n/a | n/a | -CA$7m |
| Dec 31 2022 | CA$35k | n/a | -CA$7m |
| Sep 30 2022 | n/a | n/a | -CA$7m |
| Jun 30 2022 | n/a | n/a | -CA$7m |
| Mar 31 2022 | n/a | n/a | -CA$3m |
| Dec 31 2021 | CA$35k | n/a | -CA$3m |
| Sep 30 2021 | n/a | n/a | -CA$3m |
| Jun 30 2021 | n/a | n/a | -CA$3m |
| Mar 31 2021 | n/a | n/a | -CA$6m |
| Dec 31 2020 | CA$35k | n/a | -CA$6m |
| Sep 30 2020 | n/a | n/a | -CA$6m |
| Jun 30 2020 | n/a | n/a | -CA$5m |
| Mar 31 2020 | n/a | n/a | CA$4m |
| Dec 31 2019 | CA$35k | n/a | CA$4m |
Compensation vs Market: Bruce's total compensation ($USD172.91K) is below average for companies of similar size in the US market ($USD653.16K).
Compensation vs Earnings: Bruce's compensation has increased whilst the company is unprofitable.
CEO
Bruce Wilcox (69 yo)
1.5yrs
Tenure
CA$248,153
Compensation
Mr. Bruce Gregory Wilcox is a Principal of the Managing Member and Investment Manager at Xiling Group, LLC since January 2011. Mr. Wilcox is CEO of E Street Management, LLC since 2016. Mr. Wilcox is respon...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.5yrs | CA$248.15k | 0.98% $ 92.8k | |
| VP of Finance | 6yrs | CA$225.36k | 1.22% $ 115.7k | |
| Corporate Secretary & Independent Director | 10.7yrs | CA$40.41k | no data | |
| Head of Interpretation & Project Engineer | no data | no data | no data | |
| Director of GeoSciences for the Americas | no data | no data | no data | |
| Director of Geosciences - Africa | no data | no data | no data | |
| Director of Global Business Development | no data | CA$101.65k | no data | |
| Director of Research & Development | no data | no data | no data |
6.0yrs
Average Tenure
Experienced Management: NSFD.F's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.5yrs | CA$248.15k | 0.98% $ 92.8k | |
| VP of Finance | less than a year | CA$225.36k | 1.22% $ 115.7k | |
| Corporate Secretary & Independent Director | 17.1yrs | CA$40.41k | no data | |
| Chairman & Lead Independent Director | 18.9yrs | CA$43.10k | 0.52% $ 49.4k | |
| Independent Director | 3.4yrs | CA$40.41k | 0.098% $ 9.3k | |
| Member of Geosciences Advisory Board | 9.9yrs | no data | no data | |
| Member of Geosciences Advisory Board | 16.5yrs | no data | no data | |
| Member of Geosciences Advisory Board | no data | no data | no data | |
| Independent Director | 1.5yrs | CA$33.79k | no data | |
| Independent Director | less than a year | no data | 0.48% $ 46.0k | |
| Director | no data | no data | 6.68% $ 634.6k |
6.5yrs
Average Tenure
68yo
Average Age
Experienced Board: NSFD.F's board of directors are considered experienced (6.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:15 |
| End of Day Share Price | 2024/12/24 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
NXT Energy Solutions Inc. is covered by 1 analysts. 0 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 |
|---|---|
| Raveel Afzaal | Research Capital Corporation |