Frontera Energy (TSE:FEC) Posts Quarterly Earnings Results

by · The Cerbat Gem

Frontera Energy (TSE:FEC – Get Free Report) issued its earnings results on Friday. The company reported C($0.31) EPS for the quarter, FiscalAI reports. Frontera Energy had a negative net margin of 104.96% and a negative return on equity of 88.55%. The business had revenue of C$62.62 million during the quarter.

Frontera Energy Stock Down 0.2%

TSE FEC traded down C$0.03 during trading hours on Friday, hitting C$14.47. The company had a trading volume of 45,864 shares, compared to its average volume of 142,972. The firm’s 50 day moving average is C$13.87 and its 200 day moving average is C$9.56. The company has a market capitalization of C$1.01 billion, a price-to-earnings ratio of -1.01, a P/E/G ratio of 0.06 and a beta of 0.01. Frontera Energy has a fifty-two week low of C$4.58 and a fifty-two week high of C$15.04. The company has a debt-to-equity ratio of 82.19, a current ratio of 0.76 and a quick ratio of 0.72.

About Frontera Energy

(Get Free Report)

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.

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