Frontera Energy (FEC) Set to Announce Quarterly Earnings

Frontera Energy (TSE:FEC - Get Free Report) is scheduled to release its quarterly earnings after the market closes on Wednesday, November 6th, according to reports by Zacks.

The company's last earnings announcement was on August 7th, where it reported earnings of C($0.04) per share (EPS) for the previous quarter. During that time, Frontera Energy generated revenue of C$285.90 million. The company has demonstrated a return on equity of 6.47% with a net margin of 9.82%.

Frontera Energy Stock Performance

As of Wednesday, shares of TSE FEC opened at C$7.66. Frontera Energy's market capitalization stands at C$644.90 million, with a price-to-earnings ratio of 4.43, which suggests a relatively low valuation. Additionally, the company has a price-to-earnings-growth ratio of 0.06 indicating potential for growth. The stock shows a beta of 1.92, indicating higher volatility compared to the market. Over the past year, the stock has reached a low of C$7.13 and a high of C$12.41. The 50-day simple moving average is C$8.13, while the 200-day simple moving average sits at C$8.30. The company's liquidity ratios include a quick ratio of 0.72 and a current ratio of 0.97, alongside a debt-to-equity ratio of 29.45.

Dividend Information

Frontera Energy also recently announced a quarterly dividend that was paid on October 16th. Shareholders who held stock on October 2nd received a dividend of $0.063. The ex-dividend date was October 2nd. This translates to an annualized dividend of $0.25, resulting in a dividend yield of 3.29%. Currently, Frontera Energy's dividend payout ratio is approximately 14.45%.

About Frontera Energy

Frontera Energy Corporation is involved in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas, primarily in South America. The company operates a diverse portfolio, holding interests in 24 exploration and production blocks located in Colombia, Ecuador, and Guyana, as well as in pipeline and port facilities in Colombia.

Frontera, Earnings, Stocks