Key Insights

• Amplify Energy's Annual General Meeting to take place on 15th of May
• Salary of US$517.7k is part of CEO Martyn Willsher's total remuneration
• The total compensation is 115% higher than the average for the industry
• Over the past three years, Amplify Energy's EPS grew by 100% and over the past three years, the total shareholder return was 122%

Performance at Amplify Energy Corp. (NYSE:AMPY) has been reasonably good and CEO Martyn Willsher has done a decent job of steering the company in the right direction. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 15th of May. However, some shareholders may still be hesitant of being overly generous with CEO compensation.

How Does Total Compensation For Martyn Willsher Compare With Other Companies In The Industry?

At the time of writing, our data shows that Amplify Energy Corp. has a market capitalization of US$284m, and reported total annual CEO compensation of US$2.4m for the year to December 2023. Notably, that's an increase of 52% over the year before. While we always look at total compensation first, our analysis shows that the salary component is less, at US$518k.

In comparison with other companies in the American Oil and Gas industry with market capitalizations ranging from US$100m to US$400m, the reported median CEO total compensation was US$1.1m. Accordingly, our analysis reveals that Amplify Energy Corp. pays Martyn Willsher north of the industry median. Furthermore, Martyn Willsher directly owns US$1.2m worth of shares in the company.

Speaking on an industry level, nearly 14% of total compensation represents salary, while the remainder of 86% is other remuneration. Amplify Energy pays out 22% of remuneration in the form of a salary, significantly higher than the industry average. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.

A Look at Amplify Energy Corp.'s Growth Numbers

Amplify Energy Corp.'s earnings per share (EPS) grew 100% per year over the last three years. It saw its revenue drop 21% over the last year.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's always a tough situation when revenues are not growing, but ultimately profits are more important. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..

Has Amplify Energy Corp. Been A Good Investment?

Boasting a total shareholder return of 122% over three years, Amplify Energy Corp. has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

In Summary...

Seeing that the company has put up a decent performance, only a few shareholders, if any at all, might have questions about the CEO pay in the upcoming AGM. However, if the board proposes to increase the compensation, some shareholders might have questions given that the CEO is already being paid higher than the industry.

CEO compensation can have a massive impact on performance, but it's just one element. We've identified 2 warning signs for Amplify Energy that investors should be aware of in a dynamic business environment.

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.