Atb Cap Markets Comments on Bonterra Energy FY2024 Earnings

Bonterra Energy Corp. (TSE:BNE) – Equities researchers at Atb Cap Markets cut their FY2024 earnings estimates for Bonterra Energy in a report released on Tuesday, November 12th. Atb Cap Markets analyst A. Arif now expects that the company will earn $0.47 per share for the year, down from their previous forecast of $0.64. Atb Cap Markets has a “Strong-Buy” rating on the stock. The consensus estimate for Bonterra Energy’s current full-year earnings is $0.34 per share. Atb Cap Markets also issued estimates for Bonterra Energy’s FY2026 earnings at $0.02 EPS and FY2027 earnings at ($0.63) EPS.

Bonterra Energy (TSE:BNE) last posted its quarterly earnings results on Tuesday, August 13th. The company reported C$0.20 earnings per share (EPS) for the quarter. The business had revenue of C$62.14 million for the quarter. Bonterra Energy had a return on equity of 7.07% and a net margin of 13.83%.

Bonterra Energy Stock Performance

Shares of BNE stock opened at C$3.25 on Friday. The company has a debt-to-equity ratio of 29.67, a quick ratio of 0.21 and a current ratio of 0.51. Bonterra Energy has a fifty-two week low of C$3.10 and a fifty-two week high of C$6.87. The company has a market capitalization of C$121.29 million, a P/E ratio of 3.32 and a beta of 2.66. The stock has a 50 day moving average price of C$3.65 and a two-hundred day moving average price of C$4.53.

Bonterra Energy Company Profile

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal properties include Pembina Cardium, a conventional oil field, at the Pembina and Willesden green fields located in central Alberta; and holds 100% interest in the Montney properties that consist of approximately 28,880 acres located in the north of Grand Prairie, Alberta.