How Much Is Trinity Exploration & Production's (LON:TRIN) CEO Getting Paid?

The CEO of Trinity Exploration & Production plc (LON:TRIN) is Jeremy Bridglalsingh, and this article examines the executive's compensation against the backdrop of overall company performance. This analysis will also look to assess whether the CEO is appropriately paid, considering recent earnings growth and investor returns for Trinity Exploration & Production.

View our latest analysis for Trinity Exploration & Production

Comparing Trinity Exploration & Production plc's CEO Compensation With the industry

According to our data, Trinity Exploration & Production plc has a market capitalization of UK£36m, and paid its CEO total annual compensation worth US$380k over the year to December 2019. We note that's an increase of 22% above last year. We note that the salary portion, which stands at US$240.0k constitutes the majority of total compensation received by the CEO.

On comparing similar-sized companies in the industry with market capitalizations below UK£154m, we found that the median total CEO compensation was US$373k. From this we gather that Jeremy Bridglalsingh is paid around the median for CEOs in the industry.

Component

2019

2018

Proportion (2019)

Salary

US$240k

US$180k

63%

Other

US$140k

US$133k

37%

Total Compensation

US$380k

US$313k

100%

On an industry level, around 71% of total compensation represents salary and 29% is other remuneration. Trinity Exploration & Production sets aside a smaller share of compensation for salary, in comparison to the overall industry. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

ceo-compensation
ceo-compensation

Trinity Exploration & Production plc's Growth

Trinity Exploration & Production plc has reduced its earnings per share by 104% a year over the last three years. It saw its revenue drop 18% over the last year.

The decline in EPS is a bit concerning. And the impression is worse when you consider revenue is down year-on-year. It's hard to argue the company is firing on all cylinders, so shareholders might be averse to high CEO remuneration. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.

Has Trinity Exploration & Production plc Been A Good Investment?

With a three year total loss of 17% for the shareholders, Trinity Exploration & Production plc would certainly have some dissatisfied shareholders. Therefore, it might be upsetting for shareholders if the CEO were paid generously.

In Summary...

As we noted earlier, Trinity Exploration & Production pays its CEO in line with similar-sized companies belonging to the same industry. Meanwhile, EPS growth and shareholder returns have been in the red for the last three years. It's tough to call out the compensation as inappropriate, but shareholders might not favor a raise before company performance improves.

While it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. That's why we did some digging and identified 1 warning sign for Trinity Exploration & Production that you should be aware of before investing.

Switching gears from Trinity Exploration & Production, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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