Frontera Energy Corp (PEG) to Post FY2017 Earnings of $0.15 Per Share, National Bank Financial Forecasts
Frontera Energy Corp (TSE:PEG) (NASDAQ:PEGI) – Stock analysts at National Bank Financial cut their FY2017 EPS estimates for shares of Frontera Energy Corp in a report released on Sunday. National Bank Financial analyst R. Merer now anticipates that the company will post earnings of $0.15 per share for the year, down from their previous estimate of $0.22. National Bank Financial also issued estimates for Frontera Energy Corp’s Q4 2017 earnings at $0.11 EPS.
Separately, Royal Bank Of Canada boosted their price target on shares of Frontera Energy Corp to C$33.00 and gave the company an “outperform” rating in a research note on Tuesday, June 20th.
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Frontera Energy Corp (TSE PEG) opened at 26.64 on Tuesday. The stock has a 50 day moving average of $26.93 and a 200 day moving average of $27.34. Frontera Energy Corp has a 12-month low of $23.24 and a 12-month high of $33.00.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Friday, September 29th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.68 dividend on an annualized basis and a yield of 6.31%.
Frontera Energy Corp Company Profile
Frontera Energy Corp, formerly Pacific Exploration & Production Corp, is a Canada-based oil and gas company. It is engaged in the exploration, development, and production of crude oil and natural gas primarily in Colombia and Peru. It has a diversified portfolio of assets with interests in more than 50 blocks.
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