Frontera Energy (TSE:FEC) Releases Earnings Results

Frontera Energy (TSE:FEC) issued its earnings results on Friday. The company reported C($0.31) earnings per share for the quarter, FiscalAI reports. The business had revenue of C$62.62 million for the quarter. Frontera Energy had a negative return on equity of 120.46% and a negative net margin of 147.46%.

Frontera Energy Stock Down 0.2%

Shares of TSE:FEC opened at C$14.47 on Friday. The stock has a market capitalization of C$1.01 billion, a price-to-earnings ratio of -1.01, a price-to-earnings-growth ratio of 0.06 and a beta of 0.01. Frontera Energy has a 1-year low of C$4.58 and a 1-year high of C$15.04. The company’s fifty day moving average is C$13.87 and its two-hundred day moving average is C$9.56. The company has a debt-to-equity ratio of 29.07, a quick ratio of 0.72 and a current ratio of 1.31.

About Frontera Energy

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.