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

Bonterra Energy (OTCMKTS:BNEFF) announced its quarterly earnings data on Tuesday. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.48, Zacks reports. Bonterra Energy had a negative return on equity of 4.64% and a negative net margin of 10.40%.The company had revenue of $59.65 million for the quarter, compared to analysts’ expectations of $45.06 million.

Bonterra Energy Price Performance

Shares of Bonterra Energy stock opened at $4.12 on Wednesday. The company has a 50-day simple moving average of $4.08 and a two-hundred day simple moving average of $4.32. The stock has a market capitalization of $150.74 million, a PE ratio of -8.58 and a beta of 0.70. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.55 and a current ratio of 0.56. Bonterra Energy has a 52-week low of $2.37 and a 52-week high of $5.47.

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.