Bonterra Energy (OTCMKTS:BNEFF) Shares Up 1.9% – What’s Next?

Bonterra Energy Corp. (OTCMKTS:BNEFF) shares rose 1.9% on Monday . The company traded as high as $4.79 and last traded at $4.71. Approximately 10,488 shares were traded during trading, a decline of 69% from the average daily volume of 34,227 shares. The stock had previously closed at $4.62.

Bonterra Energy Stock Performance

The company has a debt-to-equity ratio of 0.30, a current ratio of 0.75 and a quick ratio of 0.73. The firm has a market capitalization of $172.29 million, a P/E ratio of -14.27 and a beta of 0.65. The stock’s 50 day moving average is $4.13 and its two-hundred day moving average is $3.29.

Bonterra Energy (OTCMKTS:BNEFF) last posted its quarterly earnings results on Thursday, March 12th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.08). The business had revenue of $42.23 million for the quarter, compared to the consensus estimate of $59.20 million. Bonterra Energy had a negative return on equity of 3.21% and a negative net margin of 7.50%.

About Bonterra Energy

Bonterra Energy Corp is a Canadian oil and gas exploration and production company focused on the development, production and marketing of crude oil, natural gas and natural gas liquids. Headquartered in Calgary, Alberta, the company’s core activities include drilling, well completions and field operations designed to optimize recovery across its asset base. Bonterra’s integrated approach encompasses everything from reservoir evaluation and land acquisition to production infrastructure and product sales, allowing the company to capture value throughout the commodity price cycle.

Bonterra’s operations are concentrated in the Western Canadian Sedimentary Basin, with a particular emphasis on Montney formation assets in northeast British Columbia.