Bonterra Energy (OTCMKTS:BNEFF) Stock Price Up 0.4% – Here’s What Happened

Bonterra Energy Corp. (OTCMKTS:BNEFF)’s share price rose 0.4% during mid-day trading on Thursday . The stock traded as high as $3.7860 and last traded at $3.7840. Approximately 8,257 shares changed hands during trading, a decline of 44% from the average session volume of 14,803 shares. The stock had previously closed at $3.77.

Bonterra Energy Trading Up 0.4%

The business has a 50 day moving average of $4.79 and a 200-day moving average of $4.15. The stock has a market cap of $138.46 million, a PE ratio of -7.88 and a beta of 0.69. The company has a current ratio of 0.56, a quick ratio of 0.55 and a debt-to-equity ratio of 0.36.

Bonterra Energy (OTCMKTS:BNEFF) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.25). Bonterra Energy had a negative return on equity of 4.64% and a negative net margin of 10.40%.The company had revenue of $48.49 million for the quarter, compared to analysts’ expectations of $45.36 million.

About Bonterra Energy

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.