Bonterra Energy (TSE:BNE) Posts Quarterly Earnings Results

Bonterra Energy (TSE:BNE) issued its earnings results on Thursday. The company reported C($0.40) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$34.96 million for the quarter. Bonterra Energy had a negative net margin of 7.08% and a negative return on equity of 3.24%.

Bonterra Energy Trading Up 2.4%

Shares of BNE opened at C$6.87 on Friday. The firm has a market capitalization of C$251.27 million, a price-to-earnings ratio of -14.62 and a beta of 0.16. The company has a debt-to-equity ratio of 33.80, a current ratio of 0.94 and a quick ratio of 0.21. Bonterra Energy has a 1-year low of C$3.20 and a 1-year high of C$7.37. The company has a 50-day moving average of C$6.48 and a 200 day moving average of C$5.13.

Bonterra Energy Company Profile

Bonterra Energy Corp. is a conventional oil and gas corporation forging a grounded path forward for Canadian energy. Operations include a large, concentrated land position in Alberta’s Pembina Cardium, one of Canada’s largest oil plays. Bonterra’s liquids-weighted Cardium production provides a foundation for implementing a return of capital strategy over time, which is focused on generating long-term, sustainable growth and value creation for shareholders. Emerging Charlie Lake and Montney resource plays are expected to provide enhanced optionality and an expanded potential development runway for the future.