Bonterra Energy Corp. (OTCMKTS:BNEFF – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 376,776 shares, a drop of 35.2% from the May 31st total of 581,589 shares. Based on an average daily trading volume, of 26,336 shares, the days-to-cover ratio is presently 14.3 days. Currently, 1.0% of the company’s shares are sold short.
Bonterra Energy Stock Up 0.3%
BNEFF opened at $3.86 on Thursday. The company has a market cap of $141.24 million, a P/E ratio of -8.04 and a beta of 0.71. The business’s 50-day moving average price is $4.72 and its 200-day moving average price is $4.17. The company has a current ratio of 0.56, a quick ratio of 0.55 and a debt-to-equity ratio of 0.36. Bonterra Energy has a 12 month low of $2.37 and a 12 month high of $5.47.
Bonterra Energy (OTCMKTS:BNEFF – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.25). The company had revenue of $48.49 million during the quarter, compared to the consensus estimate of $45.36 million. Bonterra Energy had a negative net margin of 10.40% and a negative return on equity of 4.64%.
Bonterra Energy Company Profile
Bonterra Energy Corp is a Canadian oil and gas exploration and production company focused on the development, production and marketing of crude oil, natural gas and natural gas liquids. Headquartered in Calgary, Alberta, the company’s core activities include drilling, well completions and field operations designed to optimize recovery across its asset base. Bonterra’s integrated approach encompasses everything from reservoir evaluation and land acquisition to production infrastructure and product sales, allowing the company to capture value throughout the commodity price cycle.
Bonterra’s operations are concentrated in the Western Canadian Sedimentary Basin, with a particular emphasis on Montney formation assets in northeast British Columbia.
Featured Articles
- Five stocks we like better than Bonterra Energy
- Tesla Stock Surges 15% as FSD Update Backs Its Autonomy Thesis
- Is the Memory Rally Still Alive After the Semiconductor Sell-Off?
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
Receive News & Ratings for Bonterra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bonterra Energy and related companies with MarketBeat.com's FREE daily email newsletter.
