Frontera Energy (TSE:FEC) Stock Price Down 1.4% – Here’s Why

Frontera Energy Co. (TSE:FEC)’s stock price was down 1.4% during trading on Wednesday . The stock traded as low as C$8.10 and last traded at C$8.24. Approximately 35,378 shares changed hands during mid-day trading, an increase of 1% from the average daily volume of 35,068 shares. The stock had previously closed at C$8.36.

Frontera Energy Stock Performance

The company has a debt-to-equity ratio of 29.45, a current ratio of 0.97 and a quick ratio of 0.72. The company has a market capitalization of C$693.73 million, a PE ratio of 4.76, a price-to-earnings-growth ratio of 0.06 and a beta of 1.92. The firm’s fifty day simple moving average is C$8.34 and its 200 day simple moving average is C$8.14.

Frontera Energy (TSE:FEC) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.26 EPS for the quarter. Frontera Energy had a return on equity of 6.47% and a net margin of 9.82%. On average, research analysts predict that Frontera Energy Co. will post 1.648374 EPS for the current year.

Frontera Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, January 3rd were given a $0.063 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date was Friday, January 3rd. Frontera Energy’s dividend payout ratio (DPR) is presently 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.