Frontera Energy (FEC) Set to Announce Quarterly Earnings on Wednesday

Frontera Energy (TSE:FEC) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 6th.

Frontera Energy (TSE:FEC) last released its earnings results on Wednesday, August 7th. The company reported C($0.04) earnings per share for the quarter. The firm had revenue of C$285.90 million during the quarter. Frontera Energy had a net margin of 9.82% and a return on equity of 6.47%.

Frontera Energy Stock Down 2.8 %

Shares of FEC opened at C$7.66 on Wednesday. The company’s 50-day simple moving average is C$8.13 and its 200-day simple moving average is C$8.30. The company has a debt-to-equity ratio of 29.45, a quick ratio of 0.72 and a current ratio of 0.97. Frontera Energy has a 1 year low of C$7.13 and a 1 year high of C$12.41. The stock has a market capitalization of C$644.90 million, a PE ratio of 4.43, a P/E/G ratio of 0.06 and a beta of 1.92.

Frontera Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 16th. Shareholders of record on Wednesday, October 2nd were paid a $0.063 dividend. The ex-dividend date of this dividend was Wednesday, October 2nd. This represents a $0.25 annualized dividend and a dividend yield of 3.29%. Frontera Energy’s dividend payout ratio (DPR) is 14.45%.

Frontera Energy Company Profile

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.