Bonterra Energy Corp (BNE) Announces Quarterly Earnings Results, Beats Expectations By $0.09 EPS
Bonterra Energy Corp (TSE:BNE) issued its quarterly earnings data on Thursday. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.09, AmericanBankingNews.com reports.
BNE has been the subject of a number of recent research reports. Analysts at CIBC raised their price target on shares of Bonterra Energy Corp from C$74.00 to C$76.00 in a research note on Thursday, July 17th. On a related note, analysts at National Bank Financial raised their price target on shares of Bonterra Energy Corp from C$64.00 to C$67.00 in a research note on Thursday, June 26th. They now have an “outperform” rating on the stock. Finally, analysts at Paradigm Capital raised their price target on shares of Bonterra Energy Corp from C$65.00 to C$70.00 in a research note on Thursday, June 26th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of C$66.21.
Bonterra Energy Corp (TSE:BNE) opened at 61.83 on Thursday. Bonterra Energy Corp has a 52-week low of $48.73 and a 52-week high of $65.99. The stock’s 50-day moving average is $61.69 and its 200-day moving average is $57.21. The company has a market cap of $1.954 billion and a P/E ratio of 26.18.
The company also recently announced a jul 14 dividend, which is scheduled for Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.30 per share. This represents a dividend yield of 6.06%. The ex-dividend date is Wednesday, August 13th.
Bonterra Energy Corp. is an oil and gas company. All of the Company’s oil and natural gas properties are located in the Provinces of Alberta, British Columbia and Saskatchewan.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.