Bonterra Energy (OTCMKTS:BNEFF) Posts Earnings Results, Misses Expectations By $0.08 EPS

Bonterra Energy (OTCMKTS:BNEFF) posted its quarterly earnings results on Thursday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.08), reports. The firm had revenue of $42.23 million for the quarter, compared to analyst estimates of $59.20 million. Bonterra Energy had a negative return on equity of 2.72% and a negative net margin of 6.17%.

Bonterra Energy Price Performance

OTCMKTS BNEFF traded up $0.09 on Friday, hitting $4.41. 36,403 shares of the company’s stock were exchanged, compared to its average volume of 28,204. The stock has a 50-day moving average of $3.68 and a 200-day moving average of $3.04. The stock has a market cap of $161.15 million, a price-to-earnings ratio of -15.73 and a beta of 0.84. Bonterra Energy has a 52 week low of $1.82 and a 52 week high of $4.43. The company has a current ratio of 0.75, a quick ratio of 0.73 and a debt-to-equity ratio of 0.30.

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.