Bonterra Energy (TSE:BNE) Releases Earnings Results

Bonterra Energy (TSE:BNE) released its earnings results on Tuesday. The company reported C$0.58 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$87.10 million during the quarter. Bonterra Energy had a negative return on equity of 4.63% and a negative net margin of 10.49%.

Bonterra Energy Trading Down 0.3%

TSE BNE opened at C$5.75 on Wednesday. The company has a current ratio of 0.56, a quick ratio of 0.21 and a debt-to-equity ratio of 35.57. The stock has a 50-day moving average of C$5.75 and a 200-day moving average of C$5.97. The firm has a market cap of C$208.50 million, a PE ratio of -8.58 and a beta of -0.23. Bonterra Energy has a 1-year low of C$3.33 and a 1-year 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.