Frontera Energy (TSE:FEC) Trading 1% Higher

Frontera Energy Co. (TSE:FEC)’s share price traded up 1% during trading on Friday . The stock traded as high as C$8.10 and last traded at C$8.05. 34,519 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 39,970 shares. The stock had previously closed at C$7.97.

Frontera Energy Trading Up 1.0 %

The stock has a market capitalization of C$680.06 million, a PE ratio of 2.66, a P/E/G ratio of 0.06 and a beta of 1.93. The firm has a 50 day moving average price of C$8.47 and a 200 day moving average price of C$8.33. The company has a quick ratio of 0.72, a current ratio of 1.01 and a debt-to-equity ratio of 29.76.

Frontera Energy (TSE:FEC) last issued its quarterly earnings data on Wednesday, May 8th. The company reported C($0.14) EPS for the quarter. The company had revenue of C$262.18 million during the quarter. Frontera Energy had a return on equity of 11.47% and a net margin of 16.88%. Equities analysts expect that Frontera Energy Co. will post 1.7414141 EPS for the current fiscal year.

Frontera Energy Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 17th. Stockholders of record on Wednesday, July 3rd will be paid a $0.063 dividend. This represents a $0.25 annualized dividend and a dividend yield of 3.13%. The ex-dividend date of this dividend is Wednesday, July 3rd. Frontera Energy’s dividend payout ratio (DPR) is presently 4.29%.

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.