Source Energy Services Management
Management criteria checks 4/4
Source Energy Services' CEO is Scott Melbourn, appointed in Mar 2022, has a tenure of 2.92 years. total yearly compensation is CA$1.02M, comprised of 38.5% salary and 61.5% bonuses, including company stock and options. directly owns 0.47% of the company’s shares, worth $602.28K. The average tenure of the management team and the board of directors is 2.6 years and 4.2 years respectively.
Key information
Scott Melbourn
Chief executive officer
CA$1.0m
Total compensation
| CEO salary percentage | 38.5% |
| CEO tenure | 2.9yrs |
| CEO ownership | 0.5% |
| Management average tenure | 2.6yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$170m |
| Jun 30 2024 | n/a | n/a | CA$163m |
| Mar 31 2024 | n/a | n/a | CA$161m |
| Dec 31 2023 | CA$1m | CA$394k | CA$167m |
| Sep 30 2023 | n/a | n/a | CA$2m |
| Jun 30 2023 | n/a | n/a | CA$4m |
| Mar 31 2023 | n/a | n/a | CA$6m |
| Dec 31 2022 | CA$869k | CA$357k | -CA$9m |
| Sep 30 2022 | n/a | n/a | -CA$11m |
| Jun 30 2022 | n/a | n/a | -CA$21m |
| Mar 31 2022 | n/a | n/a | -CA$26m |
| Dec 31 2021 | CA$699k | CA$310k | -CA$24m |
| Sep 30 2021 | n/a | n/a | CA$14m |
| Jun 30 2021 | n/a | n/a | CA$10m |
| Mar 31 2021 | n/a | n/a | -CA$5m |
| Dec 31 2020 | CA$348k | CA$291k | -CA$183m |
| Sep 30 2020 | n/a | n/a | -CA$210m |
| Jun 30 2020 | n/a | n/a | -CA$262m |
| Mar 31 2020 | n/a | n/a | -CA$265m |
| Dec 31 2019 | CA$663k | CA$310k | -CA$89m |
| Sep 30 2019 | n/a | n/a | -CA$99m |
| Jun 30 2019 | n/a | n/a | -CA$40m |
| Mar 31 2019 | n/a | n/a | -CA$13m |
| Dec 31 2018 | CA$834k | CA$302k | -CA$2m |
Compensation vs Market: Scott's total compensation ($USD714.46K) is about average for companies of similar size in the US market ($USD638.32K).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
CEO
Scott Melbourn (50 yo)
2.9yrs
Tenure
CA$1,024,061
Compensation
Mr. Scott Melbourn has been President and Chief Executive Officer of Source Energy Services Ltd. since March 2022 and has been its Director since March 2022 and served as its Chief Operating Officer since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | CA$1.02m | 0.47% $ 602.3k | |
| Executive VP & CFO | 12.1yrs | CA$676.54k | 0.15% $ 194.6k | |
| Vice President of Sales & Marketing | 2.6yrs | CA$442.42k | no data | |
| President of Production | 1.8yrs | CA$467.35k | no data | |
| President of Distribution | 2.5yrs | CA$468.72k | no data |
2.6yrs
Average Tenure
50yo
Average Age
Experienced Management: SCEY.F's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | CA$1.02m | 0.47% $ 602.3k | |
| Independent Director | 4.2yrs | CA$98.70k | no data | |
| Independent Director | 8yrs | CA$83.70k | no data | |
| Independent Chair of the Board | 4.2yrs | CA$125.55k | no data | |
| Independent Director | 5.9yrs | CA$98.70k | no data |
4.2yrs
Average Tenure
50yo
Average Age
Experienced Board: SCEY.F's board of directors are considered experienced (4.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/11 07:46 |
| End of Day Share Price | 2025/02/04 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 |
| |
| 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.
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 Github.
Analyst Sources
Source Energy Services Ltd. is covered by 16 analysts. 2 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 |
|---|---|
| Nick Corcoran | Acumen Capital Finance Partners Limited |
| Tim Monachello | ATB Capital Markets |
| Randy Ollenberger | BMO Capital Markets Equity Research |