FY2024 EPS Estimate for Bonterra Energy Reduced by Analyst

Bonterra Energy Corp. (TSE:BNE) – Stock analysts at Atb Cap Markets cut their FY2024 earnings per share estimates for shares of Bonterra Energy in a research report issued to clients and investors on Tuesday, January 28th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.44 per share for the year, down from their prior estimate of $0.49. 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 Q4 2024 earnings at $0.10 EPS, Q1 2025 earnings at ($0.20) EPS, Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.12 EPS, FY2025 earnings at $0.04 EPS, FY2026 earnings at $0.11 EPS and FY2027 earnings at ($0.40) EPS.

Bonterra Energy (TSE:BNE) last announced its earnings results on Tuesday, November 12th. The company reported C$0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.20 by C($0.09). Bonterra Energy had a net margin of 13.83% and a return on equity of 7.07%.

Bonterra Energy Price Performance

TSE BNE opened at C$3.65 on Friday. Bonterra Energy has a 12 month low of C$3.10 and a 12 month high of C$6.87. The firm has a market capitalization of C$136.22 million, a PE ratio of 3.72 and a beta of 2.66. The company’s 50 day simple moving average is C$3.56 and its 200 day simple moving average is C$3.87. The company has a debt-to-equity ratio of 29.67, a current ratio of 0.51 and a quick ratio of 0.21.

Insider Activity

In other Bonterra Energy news, Director Stacey Elizabeth Mcdonald bought 10,000 shares of Bonterra Energy stock in a transaction that occurred on Wednesday, December 18th. The stock was purchased at an average cost of C$3.26 per share, for a total transaction of C$32,600.00. 13.89% of the stock is owned by insiders.

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.