Atb Cap Markets Forecasts Bonterra Energy FY2024 Earnings

Bonterra Energy Corp. (TSE:BNE) – Equities research analysts at Atb Cap Markets lowered their FY2024 earnings per share estimates for Bonterra Energy in a report released on Tuesday, November 12th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings per share of $0.47 for the year, down from their prior estimate of $0.64. Atb Cap Markets currently 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 FY2026 earnings at $0.02 EPS and FY2027 earnings at ($0.63) EPS.

Bonterra Energy Price Performance

BNE stock opened at C$3.27 on Friday. The company’s 50-day moving average price is C$3.64 and its two-hundred day moving average price is C$4.51. The firm has a market cap of C$122.04 million, a P/E ratio of 3.34 and a beta of 2.66. The company has a quick ratio of 0.21, a current ratio of 0.51 and a debt-to-equity ratio of 29.67. Bonterra Energy has a 12 month low of C$3.10 and a 12 month high of C$6.87.

About Bonterra Energy

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.