Bonterra Energy (OTCMKTS:BNEFF) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Key Points

• Bonterra Energy announced a quarterly earnings report revealing an earnings per share (EPS) of ($0.03), missing the consensus estimate by ($0.02).
• The company's revenue for the quarter was $47.26 million, significantly below analysts' expectations of $66.40 million.
• Despite the earnings miss, Bonterra Energy's stock remained flat at $2.65 during trading, with market cap standing at $97.14 million.

Bonterra Energy (OTCMKTS:BNEFF - Get Free Report) released its earnings results on Thursday. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.02), Zacks reports. The firm had revenue of $47.26 million during the quarter, compared to analysts' expectations of $66.40 million. Bonterra Energy had a return on equity of 0.41% and a net margin of 0.84%.

Bonterra Energy Price Performance

Shares of Bonterra Energy stock remained flat at $2.65 during trading on Friday. 50 shares of the stock traded hands, compared to its average volume of 6,212. Bonterra Energy has a 1-year low of $1.82 and a 1-year high of $3.86. The company has a quick ratio of 0.49, a current ratio of 0.50 and a debt-to-equity ratio of 0.29. The stock's 50-day simple moving average is $2.68 and its 200 day simple moving average is $2.51. The stock has a market cap of $97.14 million, a P/E ratio of 53.09 and a beta of 1.19.

About Bonterra Energy

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal properties include Pembina Cardium, a conventional oil field, at the Pembina and Willesden green fields located in central Alberta; and holds 100% interest in the Montney properties that consist of approximately 28,880 acres located in the north of Grand Prairie, Alberta.

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