Petrovietnam Drilling and Well Services Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Cuong Nguyen

Chief executive officer

US$42.8k

Total compensation

CEO salary percentage	n/a
CEO tenure	5.6yrs
CEO ownership	n/a
Management average tenure	7.4yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO

Cuong Nguyen (47 yo)

5.6yrs

Tenure

US$42,838

Compensation

Mr. Cuong Xuan Nguyen has been Chief Executive Officer and Director of Petrovietnam Drilling and Well Services Corporation since April 2019. Mr. Nguyen has been President of Petrovietnam Drilling and Well...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Cuong Nguyen	President	5.6yrs	US$42.84k	no data
Ngoc Nguyen	Chief Financial Officer	7.5yrs	US$55.57k	no data
Hai Ho	VP & Member of Management Board	8.6yrs	US$60.69k	no data
Do Rang	VP & Member of Board of Management	7.4yrs	US$60.61k	no data
Doan Nguyen	VP & Member of Board of Management	no data	US$57.86k	no data
Nhut Dinh	VP & Member of Management Board	1.9yrs	US$68.37k	no data
Tung Doan	Chief Accountant	18.7yrs	no data	no data
Khang Hoang	Secretary	less than a year	no data	no data

7.4yrs

Average Tenure

52yo

Average Age

Experienced Management: PVD's management team is seasoned and experienced (7.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Cuong Nguyen	President	5.6yrs	US$42.84k	no data
Tu Nguyen	Head of the Internal Audit Board	less than a year	US$24.27k	no data
Van Tong	Independent Director	6.6yrs	US$4.95k	no data
Vu Tuong	Director	3.3yrs	US$54.59k	no data
Toan Mai	Chairman of Board	3.3yrs	US$42.39k	no data
Quoc Hoang	Independent Director	4.4yrs	US$4.95k	no data
Nguyen Toan	Independent Member of Board of Director	5.6yrs	US$4.95k	no data
Tai Nguyen	Member of Supervisory Board	5.6yrs	no data	no data
Hop Nguyen	Member of Supervisory Board	3.3yrs	no data	no data
Son Nguyen	Director	less than a year	US$59.90k	no data
Canh Vu	Deputy Director	1.4yrs	no data	no data

3.3yrs

Average Tenure

56yo

Average Age

Experienced Board: PVD's board of directors are considered experienced (3.3 years average tenure).

Petrovietnam Drilling and Well Services Management

Management criteria checks 3/4

Key information

Recent management updates

Petrovietnam Drilling and Well Services Corporation Announces Resignation of Luong Thanh Tinh as Head of Supervisory Board

High number of new and inexperienced directors

Petrovietnam Drilling and Well Services Corporation Announces Management Changes

Independent Director recently sold ₫50m worth of stock

Less than half of directors are independent

Petrovietnam Drilling and Well Services Corporation Appoints Mr. Trinh Van Vinh as Chairman of the BOD at PVD tech, Effective November 01, 2022

Recent updates

Consensus EPS estimates fall by 20%, revenue upgraded

New minor risk - Earnings quality

Third quarter 2024 earnings released: EPS: ₫275 (vs ₫240 in 3Q 2023)

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 25% undervalued after recent price drop

Petrovietnam Drilling and Well Services Corporation Announces Resignation of Luong Thanh Tinh as Head of Supervisory Board

High number of new and inexperienced directors

New minor risk - Earnings quality

First quarter 2024 earnings released: EPS: US$269 (vs US$0.004 in 1Q 2023)

New minor risk - Share price stability

Consensus EPS estimates increase by 20%, revenue downgraded

Full year 2023 earnings released: EPS: US$0.034 (vs US$0.011 loss in FY 2022)

Now 20% overvalued after recent price rise

Third quarter 2023 earnings released: EPS: US$0.01 (vs US$0.003 loss in 3Q 2022)

New minor risk - Earnings quality

Consensus EPS estimates increase by 13%

Second quarter 2023 earnings released: EPS: US$0.01 (vs US$0.005 loss in 2Q 2022)

Petrovietnam Drilling and Well Services Corporation Announces Management Changes

Independent Director recently sold ₫50m worth of stock

Price target increased by 12% to ₫26,584

Full year 2022 earnings released: US$0.01 loss per share (vs US$0.001 loss in FY 2021)

Less than half of directors are independent

Petrovietnam Drilling and Well Services Corporation Appoints Mr. Trinh Van Vinh as Chairman of the BOD at PVD tech, Effective November 01, 2022

Second quarter 2022 earnings released: US$0.006 loss per share (vs US$0.001 profit in 2Q 2021)

Now 24% undervalued after recent price drop

Consensus EPS estimates fall by 11%

Price target increased to ₫32,634

Less than half of directors are independent

Price target increased to ₫32,634

Price target increased to ₫30,651

PetroVietNam Drilling and Well Services Corporation Appoints Nguyen The Son as Deputy CEO

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target increased to ₫27,683

Price target increased to ₫25,520

Price target increased to ₫23,140

Price target decreased to ₫21,325

Insider recently sold ₫345m worth of stock

Price target increased to ₫21,413

New 90-day high: ₫23,400

Analysts lower EPS estimates to US$0.02

Full year 2020 earnings released: EPS US$0.012 (vs US$0.013 in FY 2019)

Revenue and earnings miss expectations

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: ₫22,800

Investor sentiment improved over the past week

New 90-day high: ₫15,400

New 90-day high: ₫13,500

Price target raised to ₫12,013

New 90-day high: ₫12,550

Analysts update estimates

New 90-day high: ₫11,500

Earnings released

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age