National Bank Financial Weighs in on Frontera Energy Corp’s FY2018 Earnings (TSE:PEG)

Frontera Energy Corp (TSE:PEG) – National Bank Financial dropped their FY2018 earnings estimates for Frontera Energy Corp in a report released on Wednesday. National Bank Financial analyst R. Merer now anticipates that the company will post earnings per share of $0.90 for the year, down from their prior estimate of $0.94.

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Separately, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a C$32.50 target price on shares of Frontera Energy Corp in a report on Friday, June 30th.

Frontera Energy Corp (TSE:PEG) opened at 26.64 on Friday. Frontera Energy Corp has a 52 week low of $23.24 and a 52 week high of $33.00. The stock’s 50 day moving average price is $26.93 and its 200 day moving average price is $27.34.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Friday, September 29th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 6.31%. The ex-dividend date is Thursday, September 28th.

About Frontera Energy Corp

Frontera Energy Corp, formerly Pacific Exploration & Production Corp, is a Canada-based oil and gas company. It is engaged in the exploration, development, and production of crude oil and natural gas primarily in Colombia and Peru. It has a diversified portfolio of assets with interests in more than 50 blocks.

Earnings History and Estimates for Frontera Energy Corp (TSE:PEG)

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