Frontera Energy (TSE:FEC) Shares Up 1%

Frontera Energy Co. (TSE:FEC) shot up 1% during mid-day trading on Monday . The company traded as high as C$8.20 and last traded at C$8.17. 45,062 shares were traded during trading, a decline of 1% from the average session volume of 45,534 shares. The stock had previously closed at C$8.09.

Analyst Ratings Changes

Separately, Cormark lowered their price target on shares of Frontera Energy from C$12.00 to C$11.50 in a research report on Friday, February 16th.

Frontera Energy Price Performance

The company has a quick ratio of 0.72, a current ratio of 0.89 and a debt-to-equity ratio of 29.34. The firm’s fifty day moving average price is C$8.22 and its two-hundred day moving average price is C$8.68. The stock has a market capitalization of C$692.90 million, a PE ratio of 2.74, a PEG ratio of 0.06 and a beta of 1.98.

Frontera Energy (TSE:FEC) last released its quarterly earnings data on Thursday, March 7th. The company reported C$1.42 earnings per share for the quarter. Frontera Energy had a net margin of 16.85% and a return on equity of 11.26%. On average, equities analysts predict that Frontera Energy Co. will post 2.0741627 earnings per share for the current year.

Frontera Energy Dividend Announcement

The firm also recently announced a Variable dividend, which was paid on Tuesday, April 16th. Investors of record on Tuesday, April 2nd were given a dividend of $0.063 per share. The ex-dividend date was Monday, April 1st. Frontera Energy’s dividend payout ratio (DPR) is 2.01%.

About Frontera Energy

Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.