Bonterra Energy (TSE:BNE) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Bonterra Energy Corp. reported a decrease in realized oil and gas sales to $68.589 million in the first quarter of 2024 from previous periods, while capital expenditures rose to $32.924 million, with a significant acquisition of the Charlie Lake Assets. The company saw a dip in funds flow and cash flow from operations compared to the end of 2023, but maintains a solid position with total assets of $984.464 million and a strengthened shareholders’ equity.
For further insights into TSE:BNE stock, check out TipRanks’ Stock Analysis page.