Bonterra Energy (BNEFF) Expected to Release Earnings on Monday

Bonterra Energy (OTCMKTS:BNEFF) is projected to announce its resultson Monday, November 16th. Analysts expect the company to announce earnings of ($0.0492) per share and revenue of $46.91 million for the quarter.

Bonterra Energy (OTCMKTS:BNEFF) last issued its earnings results on Tuesday, August 11th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.48. Bonterra Energy had a negative return on equity of 0.43% and a negative net margin of 0.85%. The business had revenue of $59.65 million during the quarter, compared to analysts’ expectations of $45.06 million.

Bonterra Energy Price Performance

BNEFF opened at $4.40 on Monday. Bonterra Energy has a 12-month low of $2.46 and a 12-month high of $5.47. The company has a current ratio of 0.60, a quick ratio of 0.58 and a debt-to-equity ratio of 0.32. The business’s fifty day simple moving average is $4.50 and its 200-day simple moving average is $4.35. The company has a market capitalization of $161.00 million, a price-to-earnings ratio of -88.00 and a beta of 0.70.

About Bonterra Energy

Bonterra Energy Corp. is a Canadian oil and natural gas exploration and production company headquartered in Calgary, Alberta. The company focuses on developing and producing conventional petroleum and natural gas resources, with associated natural gas liquids generated through its operations.

Bonterra’s principal assets are located in central Alberta, particularly the Pembina and Willesden Green areas. Its activities include drilling, completing and operating wells, as well as managing the gathering, processing and transportation infrastructure needed to deliver production to market.

The company has historically emphasized oil-weighted development in Alberta’s Cardium formation and has built its business around operated conventional assets.