FEC.TO - Frontera Energy Corporation

Toronto - Toronto Delayed Price. Currency in CAD
3.5300
-0.1500 (-4.08%)
At close: 4:00PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close3.6800
Open3.6700
Bid3.6100 x N/A
Ask3.6200 x N/A
Day's Range3.5000 - 3.6800
52 Week Range2.5000 - 15.1600
Volume272,832
Avg. Volume242,009
Market Cap337.17M
Beta (5Y Monthly)1.84
PE Ratio (TTM)N/A
EPS (TTM)-1.4390
Earnings DateMay 06, 2020
Forward Dividend & Yield0.82 (20.71%)
Ex-Dividend DateApr 01, 2020
1y Target Est4.54
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
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    • Thomson Reuters StreetEvents

      Edited Transcript of FEC.TO earnings conference call or presentation 7-May-20 2:00pm GMT

      Q1 2020 Frontera Energy Corp Earnings Call

    • Frontera Announces Annual General and Special Meeting Results
      PR Newswire

      Frontera Announces Annual General and Special Meeting Results

      Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") today held its annual general and special meeting of shareholders (the "Meeting"), where each of the eight nominees proposed as directors and listed in the Company's management proxy circular dated April 7, 2020 were elected as directors. A total of 71,009,508 common shares were voted in respect of the election of directors at the Meeting, representing 74.34% of the votes attaching to all outstanding common shares. The directors achieved an average approval vote of 98.56% from shareholders.

    • Frontera Announces First Quarter 2020 Results and the Program Adopted to Manage the COVID-19 Crisis and Lower Oil Price Environment
      CNW Group

      Frontera Announces First Quarter 2020 Results and the Program Adopted to Manage the COVID-19 Crisis and Lower Oil Price Environment

      Cash generated by operating activities was $47 million , compared with $152 million in the fourth quarter of 2019 and $83 million in the first quarter of 2019, primarily due to a reduction in global crude oil prices. The Company reported a net loss of $388 million ( $4.04 /share), compared to a net income of $46 million ( $0.47 /share) in the first quarter of 2019, primarily due to a non-cash impairment charge of $151 million , a non-cash reduction of $168 million in deferred income tax assets and a $20 million write-down of oil inventory, all items related to lower oil prices. The Company's risk management program resulted in realized gains of $15 million on settled positions during the quarter which partially offset the impact of lower Brent oil prices.

    • Frontera Announces Annual General and Special Meeting Will Be Available Via Audio Webcast and Teleconference and Notice of First Quarter 2020 Results
      CNW Group

      Frontera Announces Annual General and Special Meeting Will Be Available Via Audio Webcast and Teleconference and Notice of First Quarter 2020 Results

      Frontera Announces Annual General and Special Meeting Will Be Available Via Audio Webcast and Teleconference and Notice of First Quarter 2020 Results

    • Thomson Reuters StreetEvents

      Edited Transcript of FEC.TO earnings conference call or presentation 6-Mar-20 3:00pm GMT

      Q4 2019 Frontera Energy Corp Earnings Call

    • Did Changing Sentiment Drive Frontera Energy's (TSE:FEC) Share Price Down A Painful 87%?
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      Did Changing Sentiment Drive Frontera Energy's (TSE:FEC) Share Price Down A Painful 87%?

      As every investor would know, not every swing hits the sweet spot. But you want to avoid the really big losses like...

    • Frontera Announces Responses to Lower Oil Price Environment
      PR Newswire

      Frontera Announces Responses to Lower Oil Price Environment

      Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") today announced responses to the lower oil price environment caused by excess global supply and the COVID-19 pandemic, which includes a reduction in the 2020 capital plan and acceleration of cost savings initiatives. In connection with these cost savings initiatives, and in an effort to streamline the organization, including the executive team, David Dyck is stepping down as Chief Financial Officer, effective March 31, 2020. Mr. Dyck will remain with the Company for an interim period to assist with transitional matters. On April 1, 2020, Alejandro Piñeros, who currently serves as Corporate Vice-President of Strategy & Planning, will become Frontera's Chief Financial Officer.

    • CNW Group

      IIROC Trade Resumption - FEC

      IIROC Trade Resumption - FEC

    • CNW Group

      IIROC Trading Halt - FEC

      IIROC Trading Halt - FEC

    • Frontera Announces an Update on Block 192 in Peru
      CNW Group

      Frontera Announces an Update on Block 192 in Peru

      Following the grant of a six-month contract extension on the Block, force majeure has been declared and accepted by Perupetro S.A. as a result of a community blockade which has impacted the power supply to the operations within the Block. It is the Company's understanding that the blockade is related to the short-term contract extension and the prior consultation process related to a new long-term contract on the Block. The period of force majeure will be added to the end of the short-term contract.

    • Frontera Delivers Strong Fourth Quarter and 2019 Financial and Operational Results
      PR Newswire

      Frontera Delivers Strong Fourth Quarter and 2019 Financial and Operational Results

      Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announced today the release of its Consolidated Financial Statements, Management Discussion and Analysis ("MD&A;"), Annual Information Form ("AIF") and Form 51-101 F1 - Statement of Reserves Data and Other Oil and Gas Information for the Company (the "F1 Report") for the year ended December 31, 2019. These documents, among others, will be posted on the Company's website at www.fronteraenergy.ca and SEDAR at www.sedar.com. All values in this news release and the Company's financial disclosures are in United States dollars unless otherwise stated.

    • Frontera Announces Quarterly Dividend
      PR Newswire

      Frontera Announces Quarterly Dividend

      Frontera Energy Corporation (TSX: FEC) ("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 April 16, 2020 to shareholders of record at the close of business on April 2, 2020. This dividend represents a 2.7% yield based on the closing share price of the Company on March 4, 2020. For 2020, the Company has paid or declared dividends of $30 million (C$0.41/share).

    • Frontera Announces Six-Month Extension on Block 192 in Peru
      PR Newswire

      Frontera Announces Six-Month Extension on Block 192 in Peru

      Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces that it has executed a six-month extension agreement with Perupetro S.A. with respect to the temporary service contract on Block 192 in Peru (the "Block"). The contract, which was due to expire on March 2, 2020, has been extended to September 2, 2020. The extension will help sustain production from the Block while the process relating to the award of a new long-term contract for the Block is completed, which is expected in 2020.

    • Frontera Reports 10% Growth in Value of Proved Plus Probable (2P) Reserves to $2.1 Billion (C$27.95/Share), NPV10 After Tax
      PR Newswire

      Frontera Reports 10% Growth in Value of Proved Plus Probable (2P) Reserves to $2.1 Billion (C$27.95/Share), NPV10 After Tax

      Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") today announced the results of its annual independent reserves assessment and provided notice of fourth quarter and full year 2019 financial results and conference call. All dollar amounts in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted. The financial and operational information contained below is based on the Company's unaudited expected results for the year ended December 31, 2019.

    • Frontera Announces Discovery in Colombia
      PR Newswire

      Frontera Announces Discovery in Colombia

      Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") today provided an exploration update in relation to prospects in Colombia in the Lower Magdalena Valley, including its exploration joint venture with Parex Resources Inc. (TSX: PXT) ("Parex") involving the VIM-1 block.

    • Frontera Announces an Operational Update
      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.

    • Three Things You Should Check Before Buying Frontera Energy Corporation (TSE:FEC) For Its Dividend
      Simply Wall St.

      Three Things You Should Check Before Buying Frontera Energy Corporation (TSE:FEC) For Its Dividend

      Dividend paying stocks like Frontera Energy Corporation (TSE:FEC) tend to be popular with investors, and for good...

    • CNW Group

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

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

    • Frontera Announces 2020 Capital Plan and Guidance Information
      CNW Group

      Frontera Announces 2020 Capital Plan and Guidance Information

      Frontera Announces 2020 Capital Plan and Guidance Information

    • Thomson Reuters StreetEvents

      Edited Transcript of FEC.TO earnings conference call or presentation 8-Nov-19 3:00pm GMT

      Q3 2019 Frontera Energy Corp Earnings Call

    • 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.

    • Has Frontera Energy Corporation (TSE:FEC) Been Employing Capital Shrewdly?
      Simply Wall St.

      Has Frontera Energy Corporation (TSE:FEC) Been Employing Capital Shrewdly?

      Today we'll evaluate Frontera Energy Corporation (TSE:FEC) to determine whether it could have potential as an...

    • 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.

    • PR Newswire

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

      TORONTO, Oct. 10, 2019 /PRNewswire/ - 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.

    • There's A Lot To Like About Frontera Energy Corporation's (TSE:FEC) Upcoming 1.5% Dividend
      Simply Wall St.

      There's A Lot To Like About Frontera Energy Corporation's (TSE:FEC) Upcoming 1.5% Dividend

      Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...