Bonterra Energy (OTCMKTS:BNEFF) Announces Quarterly Earnings Results

Bonterra Energy (OTCMKTS:BNEFF) issued its quarterly earnings results on Thursday. The company reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.25), Zacks reports. Bonterra Energy had a negative return on equity of 3.22% and a negative net margin of 7.50%.

Bonterra Energy Stock Performance

Shares of OTCMKTS:BNEFF traded up $0.11 during mid-day trading on Thursday, reaching $5.02. 9,755 shares of the company traded hands, compared to its average volume of 28,608. The company’s 50 day moving average price is $4.72 and its 200-day moving average price is $3.72. The firm has a market cap of $183.78 million, a PE ratio of -15.22 and a beta of 0.73. Bonterra Energy has a 52 week low of $2.20 and a 52 week high of $5.38. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.94 and a quick ratio of 0.92.

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.