Terrace Energy Management
Management criteria checks 3/4
Terrace Energy's CEO is Dave Gibbs, appointed in Feb 2012, has a tenure of 12.17 years. directly owns 0.13% of the company’s shares, worth $419.63. The average tenure of the management team and the board of directors is 11.6 years and 12.8 years respectively.
Key information
Dave Gibbs
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 12.2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 11.6yrs |
| Board average tenure | 12.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2023 | n/a | n/a | -CA$148k |
| Jul 31 2023 | n/a | n/a | -CA$122k |
| Apr 30 2023 | n/a | n/a | -CA$144k |
| Jan 31 2023 | n/a | n/a | -CA$163k |
| Oct 31 2022 | n/a | n/a | CA$5m |
| Jul 31 2022 | n/a | n/a | CA$5m |
| Apr 30 2022 | n/a | n/a | CA$2m |
| Jan 31 2022 | n/a | n/a | CA$118k |
| Oct 31 2021 | n/a | n/a | -CA$7m |
| Jul 31 2021 | n/a | n/a | -CA$9m |
| Apr 30 2021 | n/a | n/a | -CA$7m |
| Jan 31 2021 | n/a | n/a | -CA$7m |
| Oct 31 2020 | n/a | n/a | -CA$12m |
| Jul 31 2020 | n/a | n/a | -CA$12m |
| Apr 30 2020 | n/a | n/a | -CA$12m |
| Jan 31 2020 | n/a | n/a | -CA$10m |
| Oct 31 2019 | n/a | n/a | -CA$4m |
| Jul 31 2019 | n/a | n/a | -CA$4m |
| Apr 30 2019 | n/a | n/a | -CA$3m |
| Jan 31 2019 | CA$244k | CA$244k | -CA$3m |
| Oct 31 2018 | n/a | n/a | -CA$3m |
| Jul 31 2018 | n/a | n/a | -CA$3m |
| Apr 30 2018 | n/a | n/a | -CA$4m |
| Jan 31 2018 | CA$465k | CA$465k | -CA$4m |
Compensation vs Market: Insufficient data to establish whether Dave's total compensation is reasonable compared to companies of similar size in the US market.
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
CEO
Dave Gibbs (71 yo)
12.2yrs
Tenure
Mr. William David Gibbs, also Known as Dave, has been the Chief Executive Officer and President of Terrace Energy Corp. since October 16, 2013 and February 17, 2012 respectively. He serves as President and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 12.2yrs | no data | 0.13% $ 419.6 | |
| Chief Financial Officer | 7.5yrs | CA$61.20k | no data | |
| Vice President of Corporate Development | 11.4yrs | no data | no data | |
| Corporate Secretary | 11.8yrs | no data | no data |
11.6yrs
Average Tenure
Experienced Management: TCRR.F's management team is seasoned and experienced (11.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 12.8yrs | no data | 0.13% $ 419.6 | |
| Chairman of the Board | 12.8yrs | no data | 7.81% $ 24.4k | |
| Independent Director | 11.8yrs | no data | no data | |
| Independent Director | 17.7yrs | no data | 0.13% $ 404.7 |
12.8yrs
Average Tenure
61yo
Average Age
Experienced Board: TCRR.F's board of directors are seasoned and experienced ( 12.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/06 09:18 |
| End of Day Share Price | 2024/01/08 00:00 |
| Earnings | 2023/10/31 |
| Annual Earnings | 2023/01/31 |
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
Terrace Energy Corp. is covered by 4 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 |
|---|---|
| Stephen Berman | Canaccord Genuity |
| Garett Ursu | Cormark Securities Inc. |
| David Beddis | Stifel Canada |