Frontera Energy (TSE:FEC) Stock Price Up 0.7% – Still a Buy?

Frontera Energy Co. (TSE:FEC) shares traded up 0.7% on Thursday . The company traded as high as C$8.48 and last traded at C$8.45. 21,320 shares were traded during trading, a decline of 56% from the average session volume of 48,478 shares. The stock had previously closed at C$8.39.

Frontera Energy Stock Down 2.1 %

The company has a quick ratio of 0.72, a current ratio of 0.97 and a debt-to-equity ratio of 29.45. The company has a market cap of C$696.25 million, a price-to-earnings ratio of 4.78, a P/E/G ratio of 0.06 and a beta of 1.92. The stock has a fifty day moving average price of C$8.20 and a two-hundred day moving average price of C$8.33.

Frontera Energy (TSE:FEC) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C($0.04) EPS for the quarter. The company 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%. As a group, sell-side analysts expect that Frontera Energy Co. will post 1.648374 EPS for the current year.

Frontera Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 16th. Shareholders of record on Wednesday, October 2nd were given a $0.063 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend was Wednesday, October 2nd. Frontera Energy’s dividend payout ratio is presently 14.45%.

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.