Bonterra Energy (TSE:BNE) Issues Quarterly Earnings Results

Bonterra Energy (TSE:BNE) announced its quarterly earnings data on Tuesday. The company reported C$0.58 EPS for the quarter, FiscalAI reports. The business had revenue of C$87.10 million for the quarter. Bonterra Energy had a negative net margin of 10.49% and a negative return on equity of 4.63%.

Bonterra Energy Trading Down 1.7%

Shares of BNE stock opened at C$5.65 on Thursday. The company has a quick ratio of 0.21, a current ratio of 0.56 and a debt-to-equity ratio of 35.57. The firm has a market cap of C$204.87 million, a P/E ratio of -8.43 and a beta of -0.23. The company has a 50 day moving average of C$5.73 and a 200-day moving average of C$5.98. Bonterra Energy has a 12-month low of C$3.33 and a 12-month high of C$7.64.

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.