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

Bonterra Energy (OTCMKTS:BNEFF) issued its earnings results on Tuesday. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.48, Zacks reports. Bonterra Energy had a negative net margin of 10.40% and a negative return on equity of 4.64%.

Bonterra Energy Price Performance

OTCMKTS BNEFF traded down $0.07 during trading hours on Tuesday, hitting $4.12. 5,311 shares of the company’s stock traded hands, compared to its average volume of 24,003. Bonterra Energy has a 52-week low of $2.37 and a 52-week high of $5.47. The company has a market capitalization of $150.75 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 current ratio of 0.56 and a quick ratio of 0.55. The firm’s 50-day moving average is $4.10 and its 200-day moving average is $4.31.

About Bonterra Energy

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.