Bonterra Energy (TSE:BNE) Posts Earnings Results

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

Bonterra Energy Trading Down 0.3%

Shares of Bonterra Energy stock traded down C$0.02 on Tuesday, reaching C$5.75. The company had a trading volume of 38,426 shares, compared to its average volume of 83,832. The company has a debt-to-equity ratio of 35.57, a current ratio of 0.56 and a quick ratio of 0.21. The firm has a market cap of C$208.50 million, a price-to-earnings ratio of -8.58 and a beta of -0.23. Bonterra Energy has a 1 year low of C$3.33 and a 1 year high of C$7.64. The firm’s 50-day moving average price is C$5.77 and its two-hundred day moving average price is C$5.97.

Bonterra Energy Company Profile

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.