Frontera Energy (TSE:FEC) Announces Earnings Results

Frontera Energy (TSE:FEC) posted its quarterly earnings results on Wednesday. The company reported C($12.31) EPS for the quarter, FiscalAI reports. Frontera Energy had a negative return on equity of 88.55% and a negative net margin of 104.96%.The company had revenue of C$653.07 million during the quarter.

Frontera Energy Stock Performance

Shares of FEC opened at C$13.26 on Friday. The company has a debt-to-equity ratio of 82.19, a current ratio of 0.76 and a quick ratio of 0.72. The stock has a 50-day moving average of C$9.93 and a 200-day moving average of C$7.22. The company has a market cap of C$921.97 million, a PE ratio of -2.33, a P/E/G ratio of 0.06 and a beta of 0.39. Frontera Energy has a one year low of C$4.57 and a one year high of C$13.85.

Frontera Energy Company Profile

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.