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

Frontera Energy Co. (TSE:FEC - Get Free Report) announced a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Investors of record on Friday, January 3rd will be paid a dividend of 0.063 per share on Friday, January 17th. This represents a $0.25 annualized dividend and a yield of 3.14%. The ex-dividend date is Friday, January 3rd.

Frontera Energy Stock Performance

TSE:FEC traded down C$0.05 during trading hours on Friday, reaching C$8.02. 19,063 shares of the stock were exchanged, compared to its average volume of 49,298. Frontera Energy has a 52 week low of C$7.13 and a 52 week high of C$11.35. The company has a quick ratio of 0.72, a current ratio of 0.97 and a debt-to-equity ratio of 29.45. The stock has a market capitalization of C$675.20 million, a P/E ratio of 4.66, a P/E/G ratio of 0.06 and a beta of 1.92. The firm has a 50 day simple moving average of C$8.09 and a 200-day simple moving average of C$8.27.

Frontera Energy (TSE:FEC - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported C($0.04) EPS for the quarter. The company had revenue of C$285.90 million for the quarter. Frontera Energy had a net margin of 9.82% and a return on equity of 6.47%. As a group, sell-side analysts forecast that Frontera Energy will post 1.648374 earnings per share 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.