Yahoo Finance What Did Birchcliff Energy Ltd’s (TSE:BIR) CEO Take Home Last Year?
Jeff Tonken has been the CEO of Birchcliff Energy Ltd (TSE:BIR) since 2004. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, we’ll consider growth that the business demonstrates. Third, we’ll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.
View our latest analysis for Birchcliff Energy
How Does Jeff Tonken’s Compensation Compare With Similar Sized Companies?
Our data indicates that Birchcliff Energy Ltd is worth CA$1.1b, and total annual CEO compensation is CA$2m. We note that’s an increase of 26% above last year. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of CA$524m to CA$2.1b. The median total CEO compensation was CA$2m.
So Jeff Tonken receives a similar amount to the median CEO pay, amongst the companies we looked at. This doesn’t tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
You can see a visual representation of the CEO compensation at Birchcliff Energy, below.
Is Birchcliff Energy Ltd Growing?
Over the last three years Birchcliff Energy Ltd has shrunk its earnings per share by an average of 44% per year. It achieved revenue growth of 16% over the last year.
Sadly for shareholders, earnings per share are actually down, over three years. There’s no doubt that the silver lining is that revenue is up. But it isn’t sufficiently fast growth wto overlook the fact that earnings per share has gone backwards over three years. It’s hard to argue the company is firing on all cylinders, so shareholders might be averse to high CEO remuneration.
Shareholders might be interested in this free visualization of analyst forecasts. .
Has Birchcliff Energy Ltd Been A Good Investment?
Since shareholders would have lost about 28% over three years, some Birchcliff Energy Ltd shareholders would surely be feeling negative emotions. This suggests it would be unwise for the company to pay the CEO too generously.
In Summary…
Remuneration for Jeff Tonken is close enough to the median pay for a CEO of a similar sized company .
After looking at EPS and total shareholder returns, it’s certainly hard to argue the company has performed well, since both metrics are down. So shareholders might not feel great about the fact that CEO pay increased on last year. Suffice it to say, we don’t think the CEO is underpaid! Whatever your view on compensation, you might want to check if insiders are buying or selling Birchcliff Energy Ltd shares (free trial).
Or you might prefer examine intently this intuitive graph showing past earnings and revenue.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
