Frontera Energy (TSE:FEC) Issues Quarterly Earnings Results

Frontera Energy (TSE:FEC) released its quarterly earnings results on Friday. The company reported C($0.31) earnings per share for the quarter, FiscalAI reports. The company had revenue of C$62.62 million during the quarter. Frontera Energy had a negative net margin of 104.96% and a negative return on equity of 88.55%.

Frontera Energy Stock Down 0.2%

Shares of FEC stock traded down C$0.03 during mid-day trading on Friday, reaching C$14.47. 45,864 shares of the company’s stock traded hands, compared to its average volume of 142,878. Frontera Energy has a 12 month low of C$4.58 and a 12 month high of C$15.04. The company has a market cap of C$1.01 billion, a P/E ratio of -1.01, a P/E/G ratio of 0.06 and a beta of 0.01. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 82.19. The company’s 50-day moving average price is C$13.83 and its 200-day moving average price is C$9.52.

Frontera Energy Company Profile

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.