Frontera Energy (TSE:FEC) Shares Up 1.3% - Still a Buy?

Key Points

• Frontera Energy shares increased by 1.3% during trading, reaching a price of C$6.37.
• The company has a strong financial position with a debt-to-equity ratio of 29.63 and a low P/E ratio of 4.00.
• Frontera Energy is involved in exploration and production of crude oil and natural gas primarily in South America, focusing on segments in Colombia, Peru, and Ecuador.

Frontera Energy Co. (TSE:FEC - ) shares shot up 1.3% during mid-day trading on Tuesday . The stock traded as high as C$6.39 and last traded at C$6.37. 26,294 shares changed hands during trading, a decline of 41% from the average session volume of 44,549 shares. The stock had previously closed at C$6.29.

Frontera Energy Stock Up 1.3%

The company has a current ratio of 0.92, a quick ratio of 0.72 and a debt-to-equity ratio of 29.63. The firm has a market cap of C$362.34 million, a P/E ratio of 4.00, a PEG ratio of 0.06 and a beta of 1.92. The company's 50 day simple moving average is C$6.48 and its 200-day simple moving average is C$6.43.

Frontera Energy Company Profile

Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in five segments: Colombia, which includes all upstream business activities of exploration and production in Colombia; Peru; Ecuador & others, which includes all upstream business activities of exploration in Ecuador, the corporate office in Canada, and non-operating entities that have been aggregated; Guyana segment includes all offshore upstream business activities; and Midstream segment includes company's investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.

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