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The Financial Post compiled data on common stock holdings of Canada’s 10 largest oil producing companies over the past year and found Baytex Energy Corp. CEO Ed LaFehr acquired the largest number of his own shares last year, at 357,899 shares purchased, followed by Fagerheim. The Holy Grail is a CEO that has a massive personal investment in his company, so you know with 100 per cent conviction that he is aligned along with youProportionately, MEG Energy Corp. CEO Derek Evans increased his holdings by the largest percentage among the top producers. Evans bought 220,000 shares in MEG, a 164 per cent increase in his holdings over the course of 2020. Filings show Evans was buying in April and November 2020, after MEG shares bottomed at $1.
Corson owns 87,758 common shares of Exxon Mobil Corp., which is the controlling shareholder in Imperial Oil. Imperial declined comment on Corson’s holdings in Imperial, beyond noting that he has three years to accumulate the minimum number of shares required for an executive of the company.