Bonterra Energy (OTCMKTS:BNEFF) Posts Earnings Results, Misses Expectations By $0.08 EPS

Bonterra Energy (OTCMKTS:BNEFF) posted its quarterly earnings results on Thursday. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.08), reports. Bonterra Energy had a negative return on equity of 2.72% and a negative net margin of 6.17%.The company had revenue of $42.23 million during the quarter, compared to analysts’ expectations of $59.20 million.

Bonterra Energy Stock Up 2.0%

Bonterra Energy stock traded up $0.09 during mid-day trading on Friday, hitting $4.41. The company had a trading volume of 36,403 shares, compared to its average volume of 28,204. Bonterra Energy has a 12 month low of $1.82 and a 12 month high of $4.43. The company has a market capitalization of $161.15 million, a PE ratio of -15.73 and a beta of 0.84. The stock’s 50 day moving average price is $3.68 and its two-hundred day moving average price is $3.04. The company has a current ratio of 0.75, a quick ratio of 0.73 and a debt-to-equity ratio of 0.30.

Bonterra Energy Company Profile

Bonterra Energy Corp is a Canadian oil and gas exploration and production company focused on the development, production and marketing of crude oil, natural gas and natural gas liquids. Headquartered in Calgary, Alberta, the company’s core activities include drilling, well completions and field operations designed to optimize recovery across its asset base. Bonterra’s integrated approach encompasses everything from reservoir evaluation and land acquisition to production infrastructure and product sales, allowing the company to capture value throughout the commodity price cycle.

Bonterra’s operations are concentrated in the Western Canadian Sedimentary Basin, with a particular emphasis on Montney formation assets in northeast British Columbia.