Bonterra Energy (OTCMKTS:BNEFF) Announces Earnings Results

by · The Cerbat Gem

Bonterra Energy (OTCMKTS:BNEFF – Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.25), Zacks reports. The firm had revenue of $48.49 million during the quarter, compared to the consensus estimate of $45.36 million. Bonterra Energy had a negative net margin of 7.50% and a negative return on equity of 3.22%.

Bonterra Energy Trading Up 1.5%

Shares of OTCMKTS BNEFF traded up $0.08 during midday trading on Friday, reaching $5.10. 5,459 shares of the stock were exchanged, compared to its average volume of 27,930. Bonterra Energy has a 12 month low of $2.20 and a 12 month high of $5.38. The company has a market capitalization of $186.56 million, a price-to-earnings ratio of -15.45 and a beta of 0.73. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.94 and a quick ratio of 0.92. The business has a 50-day simple moving average of $4.72 and a two-hundred day simple moving average of $3.72.

About Bonterra Energy

(Get Free Report)

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.

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