Bonterra Energy (OTCMKTS:BNEFF) Releases Earnings Results, Beats Expectations By $0.48 EPS

Bonterra Energy (OTCMKTS:BNEFF) issued its quarterly earnings results on Tuesday. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.48, Zacks reports. Bonterra Energy had a negative return on equity of 0.43% and a negative net margin of 0.85%.The business had revenue of $59.65 million for the quarter, compared to analyst estimates of $45.06 million.

Bonterra Energy Price Performance

Shares of Bonterra Energy stock remained flat at $4.02 during trading hours on Thursday. The stock had a trading volume of 49,973 shares, compared to its average volume of 15,041. The stock has a market capitalization of $147.09 million, a PE ratio of -80.40 and a beta of 0.70. Bonterra Energy has a 1 year low of $2.37 and a 1 year high of $5.47. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.56 and a quick ratio of 0.55. The stock’s 50-day moving average is $4.07 and its two-hundred day moving average is $4.32.

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.