Frontera Energy (TSE:FEC) Shares Up 1%

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

Analysts Set New Price Targets

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

Frontera Energy Stock Performance

The business has a 50 day moving average of C$8.24 and a 200 day moving average of C$8.67. The company has a market capitalization of C$771.77 million, a P/E ratio of 3.05, a price-to-earnings-growth ratio of 0.06 and a beta of 1.98. The company has a quick ratio of 0.72, a current ratio of 0.89 and a debt-to-equity ratio of 29.34.

Frontera Energy (TSE:FEC) last announced its quarterly earnings results on Thursday, March 7th. The company reported C$1.42 EPS for the quarter. The company had revenue of C$316.18 million during the quarter. Frontera Energy had a return on equity of 11.26% and a net margin of 16.85%. On average, sell-side analysts predict that Frontera Energy Co. will post 2.0741627 earnings per share for the current year.

Frontera Energy Dividend Announcement

The business also recently disclosed a Variable dividend, which was paid on Tuesday, April 16th. Stockholders of record on Tuesday, April 2nd were paid a $0.063 dividend. The ex-dividend date was Monday, April 1st. Frontera Energy’s payout ratio 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.