Frontera Energy (OTCMKTS:FECCF) Trading Down 1.2% – What’s Next?

Shares of Frontera Energy Co. (OTCMKTS:FECCF) traded down 1.2% during trading on Wednesday . The company traded as low as $6.30 and last traded at $6.32. 19,399 shares were traded during mid-day trading, a decline of 11% from the average session volume of 21,854 shares. The stock had previously closed at $6.39.

Frontera Energy Price Performance

The business’s 50-day moving average price is $5.83 and its 200 day moving average price is $5.85.

Frontera Energy Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 17th. Investors of record on Monday, January 6th were issued a dividend of $0.0449 per share. This represents a yield of 3%. The ex-dividend date was Friday, January 3rd.

About Frontera Energy

Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.