Bonterra Energy (TSE:BNE) Posts Earnings Results

Bonterra Energy (TSE:BNE) announced its earnings results on Friday. The company reported C($0.12) earnings per share for the quarter, FiscalAI reports. Bonterra Energy had a negative net margin of 0.86% and a negative return on equity of 0.41%. The business had revenue of C$56.26 million for the quarter.

Bonterra Energy Stock Down 1.0%

Shares of Bonterra Energy stock traded down C$0.06 during midday trading on Friday, hitting C$6.14. The company had a trading volume of 36,372 shares, compared to its average volume of 80,409. The company has a debt-to-equity ratio of 32.35, a quick ratio of 0.21 and a current ratio of 0.60. The stock has a market capitalization of C$220.58 million, a P/E ratio of -87.71 and a beta of -0.14. The company has a 50 day moving average of C$6.30 and a 200 day moving average of C$6.06. Bonterra Energy has a 52-week low of C$3.43 and a 52-week high of C$7.64.

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.