Shares of Frontera Energy Co. (OTCMKTS:FECCF – Get Free Report) traded up 1.1% on Monday . The company traded as high as $4.53 and last traded at $4.53. 5,123,568 shares were traded during trading, an increase of 8,143% from the average session volume of 62,153 shares. The stock had previously closed at $4.48.
Frontera Energy Stock Performance
The stock has a 50-day simple moving average of $4.22 and a 200 day simple moving average of $4.35.
Frontera Energy Increases Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, October 16th. Stockholders of record on Friday, October 3rd were paid a $0.0454 dividend. The ex-dividend date was Thursday, October 2nd. This is an increase from Frontera Energy’s previous dividend of $0.04. This represents a dividend yield of 453.0%.
About Frontera Energy
Frontera Energy is a Canada-based upstream oil and gas company engaged in the exploration, development and production of hydrocarbons. Listed on the OTC market under the symbol FECCF, the company focuses on heavy and light crude oil as well as natural gas and natural gas liquids. Frontera’s integrated operations encompass drilling, well completion, reservoir management and midstream activities, with an emphasis on cost control, operational efficiency and sustainable practices.
The company’s core asset base is located in Latin America, with the majority of production derived from onshore blocks in Colombia’s Llanos Basin.
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