Frontera Energy Co. (TSE:FEC) to Issue $0.06 Quarterly Dividend

Frontera Energy Co. (TSE:FEC) declared a quarterly dividend on Wednesday, May 8th, Zacks reports. Shareholders of record on Wednesday, July 3rd will be paid a dividend of 0.063 per share on Wednesday, July 17th. This represents a $0.25 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date is Wednesday, July 3rd.

Frontera Energy Trading Down 1.2 %

Shares of Frontera Energy stock opened at C$8.15 on Tuesday. The company has a 50-day moving average of C$8.71 and a two-hundred day moving average of C$8.34. The stock has a market cap of C$688.51 million, a PE ratio of 2.69, a price-to-earnings-growth ratio of 0.06 and a beta of 1.93. Frontera Energy has a 12-month low of C$7.32 and a 12-month high of C$12.41. The company has a current ratio of 1.01, a quick ratio of 0.72 and a debt-to-equity ratio of 29.76.

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

Frontera Energy Company Profile

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.