Bonterra Energy (OTCMKTS:BNEFF) Shares Up 0.1% – Should You Buy?

Bonterra Energy Corp. (OTCMKTS:BNEFF) shot up 0.1% on Friday . The stock traded as high as $3.1471 and last traded at $3.1350. 14,215 shares traded hands during mid-day trading, a decline of 7% from the average session volume of 15,349 shares. The stock had previously closed at $3.1320.

Bonterra Energy Stock Up 0.1%

The firm has a fifty day moving average of $2.75 and a 200-day moving average of $2.66. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 0.30. The firm has a market cap of $114.66 million, a P/E ratio of -11.20 and a beta of 0.95.

Bonterra Energy (OTCMKTS:BNEFF) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.06). The company had revenue of $39.61 million during the quarter, compared to the consensus estimate of $59.50 million. Bonterra Energy had a negative net margin of 6.17% and a negative return on equity of 2.72%.

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.