Strong Financial Metrics
Frontera Energy generated $83.5 million in operating EBITDA and recorded $27.5 million in net income for Q1 2025. The company also maintained a strong balance sheet with a total cash balance of $199.8 million.
ODL Pipeline Recapitalization
Frontera announced a $220 million non-recourse secured loan for the recapitalization of the LDL pipeline, delivering approximately $115 million in proceeds to Frontera while maintaining future potential from key transportation assets in Colombia.
Strategic Shareholder Returns
The company declared a quarterly dividend of $0.625 per share and plans to commence its NCIB program after the announced substantial issuer bid, having returned $190 million to stakeholders since 2024.
Operational Improvements in Q2
Despite challenges, Frontera's Q2 production has been strong with estimated average daily volumes of approximately 42,400 BOE per day in May.
Ethisphere Recognition
Frontera was recognized by Ethisphere as one of the world's most ethical companies for the fifth consecutive year.