Surge Energy Inc.

OTCPK:ZPTA.F Stock Report

Market Cap: US$384.4m

Surge Energy Management

Management criteria checks 3/4

Surge Energy's CEO is Paul Colborne, appointed in May 2013, has a tenure of 11.58 years. total yearly compensation is CA$3.38M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 1.01% of the company’s shares, worth $3.89M. The average tenure of the management team and the board of directors is 6.3 years and 14.5 years respectively.

Key information

Paul Colborne

Chief executive officer

CA$3.4m

Total compensation

CEO salary percentage13.8%
CEO tenure11.6yrs
CEO ownership1.0%
Management average tenure6.3yrs
Board average tenure14.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Colborne's remuneration changed compared to Surge Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$81m

Jun 30 2024n/an/a

-CA$81m

Mar 31 2024n/an/a

-CA$3m

Dec 31 2023CA$3mCA$465k

CA$16m

Sep 30 2023n/an/a

CA$149m

Jun 30 2023n/an/a

CA$210m

Mar 31 2023n/an/a

CA$268m

Dec 31 2022CA$3mCA$430k

CA$232m

Sep 30 2022n/an/a

CA$171m

Jun 30 2022n/an/a

CA$161m

Mar 31 2022n/an/a

CA$396m

Dec 31 2021CA$3mCA$415k

CA$408m

Sep 30 2021n/an/a

CA$307m

Jun 30 2021n/an/a

CA$226m

Mar 31 2021n/an/a

-CA$142m

Dec 31 2020CA$2mCA$415k

-CA$747m

Sep 30 2020n/an/a

-CA$833m

Jun 30 2020n/an/a

-CA$824m

Mar 31 2020n/an/a

-CA$766m

Dec 31 2019CA$2mCA$415k

-CA$159m

Sep 30 2019n/an/a

-CA$97m

Jun 30 2019n/an/a

-CA$84m

Mar 31 2019n/an/a

-CA$78m

Dec 31 2018CA$2mCA$415k

-CA$72m

Sep 30 2018n/an/a

-CA$2m

Jun 30 2018n/an/a

-CA$19m

Mar 31 2018n/an/a

-CA$15m

Dec 31 2017CA$2mCA$156k

-CA$7m

Compensation vs Market: Paul's total compensation ($USD2.34M) is about average for companies of similar size in the US market ($USD2.15M).

Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.

CEO

Paul Colborne (65 yo)

11.6yrs

Tenure

CA$3,379,318

Compensation

Mr. Paul Colborne has been President and Chief Executive Officer of Surge Energy Inc. since May 08, 2013 and its Director since April 13, 2010. Mr. Colborne serves as the President at StarValley Oil and Ga...

Leadership Team

NamePositionTenureCompensationOwnership
Paul Colborne
President11.6yrsCA$3.38m1.01%
$ 3.9m
Jared Ducs
Chief Financial Officer6.3yrsCA$1.65m0.17%
$ 643.2k
Murray Bye
Chief Operating Officer6.3yrsCA$1.65m0.32%
$ 1.2m
Margaret Elekes
Senior Vice President of Land & Business Development6.3yrsCA$1.53m0.38%
$ 1.5m
Derek Christie
Senior Vice President of Geosciences5.1yrsCA$1.52m0.31%
$ 1.2m
Michael Bennett
Corporate Secretaryno datano data0.010%
$ 40.1k

6.3yrs

Average Tenure

Experienced Management: ZPTA.F's management team is seasoned and experienced (6.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Paul Colborne
President14.7yrsCA$3.38m1.01%
$ 3.9m
James Pasieka
Independent Chairman of the Board14.7yrsCA$194.00k0.12%
$ 475.3k
Peter O'Neil
Independent Director14.7yrsCA$169.00k0.077%
$ 294.3k
Robert Leach
Lead Independent Director14.7yrsCA$159.00k0.61%
$ 2.4m
Daryl Gilbert
Independent Director10.5yrsCA$169.00k0.041%
$ 157.8k
Murray Smith
Independent Director14.5yrsCA$169.00k0.045%
$ 172.7k
Marion Burnyeat
Independent Director6.4yrsCA$159.00k0.033%
$ 128.1k
Michelle Gramatke
Independent Director5.6yrsCA$159.00k0.037%
$ 142.5k
Allison Maher
Independent Director6.4yrsCA$174.00k0.042%
$ 161.2k

14.5yrs

Average Tenure

68yo

Average Age

Experienced Board: ZPTA.F's board of directors are seasoned and experienced ( 14.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 03:28
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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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

Surge Energy Inc. is covered by 28 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Trevor ReynoldsAcumen Capital Finance Partners Limited
Patrick O'RourkeATB Capital Markets
Laique Ahmad Amir ArifATB Capital Markets