Frontera Energy (TSE:FEC) Releases Earnings Results

Frontera Energy (TSE:FEC) issued its earnings results on Wednesday. The company reported C($12.31) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$653.07 million during the quarter. Frontera Energy had a negative return on equity of 28.96% and a negative net margin of 40.21%.

Frontera Energy Trading Down 4.5%

Shares of Frontera Energy stock opened at C$13.06 on Thursday. Frontera Energy has a 12-month low of C$4.57 and a 12-month high of C$13.85. The stock has a market capitalization of C$908.06 million, a P/E ratio of -2.30, a price-to-earnings-growth ratio of 0.06 and a beta of 0.39. The company has a 50-day simple moving average of C$9.79 and a 200 day simple moving average of C$7.18. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 42.80.

Frontera Energy Company Profile

Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in five segments: Colombia, which includes all upstream business activities of exploration and production in Colombia; Peru; Ecuador & others, which includes all upstream business activities of exploration in Ecuador, the corporate office in Canada, and non-operating entities that have been aggregated; Guyana segment includes all offshore upstream business activities; and Midstream segment includes company’s investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.