Bonterra Energy (OTCMKTS:BNEFF) Trading Up 1.3% – Should You Buy?

Shares of Bonterra Energy Corp. (OTCMKTS:BNEFF) were up 1.3% during trading on Thursday . The company traded as high as $4.97 and last traded at $4.97. Approximately 21,927 shares were traded during mid-day trading, an increase of 33% from the average daily volume of 16,525 shares. The stock had previously closed at $4.9060.

Bonterra Energy Stock Performance

The stock’s 50-day moving average price is $4.89 and its 200 day moving average price is $3.97. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.94 and a quick ratio of 0.92. The firm has a market cap of $181.80 million, a P/E ratio of -10.35 and a beta of 0.69.

Bonterra Energy (OTCMKTS:BNEFF) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.25). The business had revenue of $48.49 million during the quarter, compared to the consensus estimate of $45.36 million. Bonterra Energy had a negative return on equity of 4.61% and a negative net margin of 10.40%.

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.