Bonterra Energy (TSE:BNE) Announces Earnings Results

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

Bonterra Energy Price Performance

Bonterra Energy stock traded up C$0.16 during trading hours on Thursday, reaching C$6.87. 39,778 shares of the stock were exchanged, compared to its average volume of 94,512. The company has a market cap of C$251.27 million, a P/E ratio of -14.62 and a beta of 0.16. The company has a current ratio of 0.94, a quick ratio of 0.21 and a debt-to-equity ratio of 33.80. Bonterra Energy has a twelve month low of C$3.20 and a twelve month high of C$7.37. The stock has a 50 day moving average of C$6.48 and a two-hundred day moving average of C$5.13.

About Bonterra Energy

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.