FEC.TO - Frontera Energy Corporation

Toronto - Toronto Delayed Price. Currency in CAD
9.25
+0.02 (+0.22%)
At close: 4:00PM EST
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Previous Close9.23
Open9.24
Bid9.22 x N/A
Ask9.24 x N/A
Day's Range9.12 - 9.37
52 Week Range8.64 - 15.16
Volume129,056
Avg. Volume249,133
Market Cap899.426M
Beta (5Y Monthly)-0.23
PE Ratio (TTM)8.49
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.82 (8.86%)
Ex-Dividend DateJan 01, 2020
1y Target EstN/A
All
News
Press Releases
  • CNW Group

    Frontera Announces an Operational Update

    All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted. Fourth quarter 2019 total estimated production of 70,905 boe/d was 1.0% higher than the prior quarter and 1.4% lower than the prior year. Production was weighted approximately 97% to Brent exposed oil prices which averaged $62.42 /bbl during the fourth quarter of 2019, 0.6% higher than the prior quarter.

  • CNW Group

    Quarterly S&P/TSX Composite Index Review - December 2019

    Quarterly S&P/TSX Composite Index Review - December 2019

  • PR Newswire

    Frontera Announces 2020 Capital Plan and Guidance Information

    Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") today announced full year 2020 capital plan and guidance information. All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted.

  • PR Newswire

    Frontera Announces Third Quarter 2019 Results

    TORONTO, Nov. 7, 2019 /PRNewswire/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announces today the release of its Interim Condensed Consolidated Financial Statements for the third quarter of 2019, together with its Management, Discussion and Analysis ("MD&A"). All values in this news release and the Company's financial disclosures are in United States dollars unless otherwise stated. Production averaged 70,213 boe/d in the third quarter of 2019, an increase of 6% compared to 66,393 boe/d in the third quarter of 2018, driven by production growth in both Colombia and Peru.

  • CNW Group

    Frontera Announces Quarterly Dividend

    TORONTO , Nov. 7, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announces that its Board of Directors has declared a dividend of C$0.205 per common share, which will be paid on or about January 17, 2020 to shareholders of record at the close of business on January 3, 2020 . The Company's Board of Directors dividend policy is to pay a quarterly dividend of approximately US$15 million during periods in which Brent oil prices sustain an average price of US$60 /bbl or higher.

  • PR Newswire

    Frontera Announces Renewal of Its Normal Course Issuer Bid

    TORONTO, Oct. 16, 2019 /PRNewswire/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announces that the Toronto Stock Exchange (the "TSX") has accepted its notice to renew its normal course issuer bid (the "NCIB") for its common shares (the "Common Shares"). Pursuant to the NCIB, Frontera may purchase up to 6,532,400 Common Shares during the twelve-month period commencing October 18, 2019 and ending October 17, 2020, representing approximately 10% of the Company's "public float" (as such term is defined by the policies of the TSX) as at October 7, 2019.

  • CNW Group

    Frontera Announces Third Quarter 2019 Update and Provides Notice of Financial Results and Conference Call

    TORONTO , Oct. 10, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announces a third quarter 2019 operational update and notice of financial results and conference call. All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted. Frontera delivered estimated third quarter 2019 production of 70,200 boe/d in-line with 2019 year to date production of 70,820 boe/d, both of which are above the high end of the Company's annual production guidance range of 65,000 to 70,000 boe/d.

  • CNW Group

    CGX Energy and Frontera Announce Conversion of Bridge Loan

    TORONTO , Sept. 25, 2019 /CNW/ - CGX Energy Inc. (OYL.V) ("CGX") and Frontera Energy Corporation (FEC.TO) ("Frontera") announced today that Frontera has elected to convert the principal amount outstanding ( US$8.8 million ) under its bridge loan facility due September 30, 2019 ("Bridge Loan"). As previously announced on December 4, 2018 , December 17, 2018 and February 1, 2019 , the principal amount outstanding under the Bridge Loan is convertible at a price of US$0.22 per share (being the US dollar equivalent of CDN$0.29 , which was the closing price of the common shares of CGX prior to the December 4, 2018 announcement of the amendment to the Bridge Loan). As a result of conversion of the Bridge Loan, Frontera will acquire an additional 40,000,000 common shares of CGX (representing approximately 17.23% of the issued and outstanding common shares on a non-diluted basis).

  • PR Newswire

    Frontera Energy Announces Approval for Resequencing of Work Programme in Guyana

    TORONTO, Aug. 2, 2019 /PRNewswire/ - Frontera Energy Corporation (FEC.TO) ("Frontera") announces today that a resequencing of CGX Energy Inc.'s (OYL.V) ("CGX") work programme in the Corentyne block, offshore Guyana, held by its wholly owned subsidiary, CGX Resources Inc., has been approved by means of an addendum to its Corentyne Petroleum Agreement by the Government of the Cooperative Republic of Guyana. CGX and Frontera are joint venture partners in the block and CGX is the operator. The benefit of the resequenced work program, which allows seismic assessment to be conducted over the northern area of the Corentyne block before drilling of an exploration well, is that it will allow CGX and Frontera to gain a more complete technical understanding of the Corentyne block and in particular its northern sector.

  • CNW Group

    Frontera Announces Strong Second Quarter 2019 Results

    TORONTO , Aug. 1, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announces today the release of its Interim Condensed Consolidated Financial Statements for the second quarter of 2019, together with its Management, Discussion and Analysis ("MD&A"). All values in this news release and the Company's financial disclosures are in United States dollars unless otherwise stated.

  • CNW Group

    Frontera Announces Regular and Special Dividend

    TORONTO , Aug. 1, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announces that its board of directors has declared a regular dividend of C$0.205 per common share and a special dividend of C$0.535 . The special dividend will be paid on or about August 23, 2019 to shareholders of record at the close of business on August 9, 2019 . Gabriel de Alba , Chairman of the Board of Directors of Frontera, commented: "The board of directors approved a special dividend to reflect the strong financial and operational results in the first half of 2019 combined with a strong balance sheet and the generation of cash provided by operating activities in excess of capital expenditures.

  • CNW Group

    Frontera Announces Resumption of Production from Block 192 in Peru and Reminder of Second Quarter 2019 Financial Results and Conference Call

    TORONTO , July 30, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company"), today announced that repairs have been completed on the NorPeruano pipeline in Peru and it has now resumed normal operations, allowing the Company to restart production from Block 192. On June 18, 2019, the Company was notified by Petroperú S.A. ("Petroperú"), the operator of the NorPeruano pipeline, of a force majeure event affecting a portion of the pipeline as a result of an attack at Kilometer 237 near pump station 5 of the North Branch Pipeline located in the Manseriche district. Effective July 1, 2019, Frontera started to shut down production from Block 192, located over 200 kilometers from the site of the incident, while the authorities worked to resolve the dispute and gain access to the pipeline.

  • GlobeNewswire

    Apolo II Acquisition Corp. Signs Definitive Agreement With Terrace Inc. to Advance Qualifying Transaction

    Apolo II Acquisition Corp. (the “Corporation”), a “capital pool company” pursuant to the policies of the TSX Venture Exchange (the “Exchange”), is pleased to announce that it has entered into a definitive business combination agreement (the “Definitive Agreement”) dated July 17, 2019 with Terrace Inc. (“Terrace”) and Terrance Acquisition Corp. (a wholly-owned subsidiary of the Corporation) (“Subco”) in furtherance of the Corporation’s previously announced proposed Qualifying Transaction (as such term is defined in Policy 2.4 – Capital Pool Companies of the Exchange’s Corporate Finance Manual (the “Manual”)) (the “Proposed Transaction”). Terrace was incorporated pursuant to the provisions of the Business Corporations Act (Ontario) (the “OBCA”) on August 28, 2018.