Bonterra Energy (TSE:BNE) Releases Earnings Results

Bonterra Energy (TSE:BNE) issued its quarterly earnings data on Thursday. The company reported C($0.40) EPS for the quarter, FiscalAI reports. The company had revenue of C$34.96 million for the quarter. Bonterra Energy had a negative return on equity of 3.24% and a negative net margin of 7.08%.

Bonterra Energy Price Performance

Shares of BNE stock traded up C$0.11 during midday trading on Friday, reaching C$6.98. 128,773 shares of the company were exchanged, compared to its average volume of 94,876. Bonterra Energy has a 12 month low of C$3.20 and a 12 month high of C$7.37. The company has a debt-to-equity ratio of 33.80, a quick ratio of 0.21 and a current ratio of 0.94. The company has a market cap of C$255.29 million, a P/E ratio of -14.85 and a beta of 0.16. The company’s 50 day moving average price is C$6.51 and its two-hundred day moving average price is C$5.14.

About Bonterra Energy

Bonterra Energy Corp. is a conventional oil and gas corporation forging a grounded path forward for Canadian energy. Operations include a large, concentrated land position in Alberta’s Pembina Cardium, one of Canada’s largest oil plays. Bonterra’s liquids-weighted Cardium production provides a foundation for implementing a return of capital strategy over time, which is focused on generating long-term, sustainable growth and value creation for shareholders. Emerging Charlie Lake and Montney resource plays are expected to provide enhanced optionality and an expanded potential development runway for the future.