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Frontera Energy
(TSX:FEC)
Frontera Energy (FEC) vs. iShares MSCI Canada ETF (EWC)
Frontera Energy Business Overview & Revenue Model
Frontera Energy Earnings Call Summary
Frontera Energy Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.10B | 1.13B | 1.15B | 1.37B | 926.63M | 658.19M |
| Gross Profit | 165.50M | 212.78M | 516.50M | 506.77M | 350.97M | -187.13M |
| EBITDA | -109.13M | 390.90M | 523.25M | 777.26M | 807.66M | -142.70M |
| Net Income | -440.50M | -24.16M | 193.50M | 286.62M | 628.13M | -481.91M |
Balance Sheet | ||||||
| Total Assets | 2.44B | 2.90B | 3.02B | 2.74B | 2.61B | 2.06B |
| Cash, Cash Equivalents and Short-Term Investments | 184.86M | 192.58M | 159.67M | 289.85M | 257.50M | 232.29M |
| Total Debt | 535.35M | 506.04M | 536.82M | 511.55M | 560.13M | 538.24M |
| Total Liabilities | 1.16B | 1.17B | 1.18B | 1.15B | 1.16B | 1.30B |
| Stockholders Equity | 1.28B | 1.72B | 1.82B | 1.58B | 1.40B | 703.85M |
Cash Flow | ||||||
| Free Cash Flow | 100.87M | 159.38M | -24.60M | 204.82M | 15.62M | 129.04M |
| Operating Cash Flow | 406.55M | 510.03M | 411.79M | 620.48M | 327.38M | 226.78M |
| Investing Cash Flow | -300.72M | -339.25M | -484.32M | -383.27M | -186.94M | -178.53M |
| Financing Cash Flow | -99.67M | -128.86M | -62.66M | -193.60M | -108.38M | -132.53M |
Frontera Energy Technical Analysis
Frontera Energy Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | C$617.94M | 3.61 | 91.45% | ― | 65.41% | 573.12% | |
67 Neutral | C$450.78M | 18.75 | 9.82% | ― | 42.95% | 4522.22% | |
66 Neutral | $15.26B | 7.30 | 3.22% | 5.27% | 4.16% | -60.82% | |
65 Neutral | C$270.62M | 9.87 | 10.49% | ― | 9.28% | 37.20% | |
46 Neutral | $426.90M | 27.41 | -28.80% | 4.20% | -3.16% | -537.24% | |
| ― | $415.24M | 5.39 | -14.03% | ― | ― | ― | |
47 Neutral | C$436.97M | ― | -7.43% | ― | 28.22% | -87.20% |
Frontera Energy Corporate Events
Frontera Energy Corporation announced changes to the board of directors of CGX Energy Inc., with two of its officers joining the CGX Board while Gabriel de Alba resigned. This move is part of Frontera’s strategy to encourage CGX to preserve its resources and protect its rights and assets, which could impact stakeholders by potentially stabilizing CGX’s operations and enhancing its market position.
Frontera Energy reported a net loss of $455.2 million in the second quarter of 2025, primarily due to non-cash impairment charges related to its interests in the Corentyne License and Ecuadorian assets. Despite this, the company increased total production by 1% quarter over quarter and generated $76.1 million in operating EBITDA. Frontera executed a substantial issuer bid and a capped tender offer, returning significant capital to shareholders. The company also declared a quarterly dividend and reduced its upstream net debt by 30%, underscoring its focus on returning capital to investors and maintaining a strong balance sheet.
Frontera Energy Corporation has announced the divestment of its 50% working interest in the Perico and Espejo blocks in Ecuador for a total cash consideration of $7.8 million, with an additional contingent consideration of $750,000. This move aligns with the company’s strategy to focus on maximizing value over volumes and concentrate on its higher-impact Colombian upstream operations. The transaction is expected to close by the second quarter of 2026, pending regulatory approvals, and reflects Frontera’s ongoing efforts to enhance the value of its common shares through strategic initiatives.
Frontera Energy and CGX Energy have provided an update on their Corentyne block license, which is currently under dispute with the Government of Guyana. The government has rejected the joint venture’s claims of maintaining their license, stating it expired in June 2024, but is open to further discussions. The joint venture, holding a 100% working interest in the block, remains firm on their stance that their license is valid and is prepared to assert their legal rights if necessary. This ongoing dispute could impact Frontera’s operations and its strategic interests in the region.
Frontera Energy Corporation announced it will release its second-quarter 2025 financial and operational results on August 13, 2025. A conference call for investors and analysts is scheduled for August 14, 2025, featuring key members of the company’s senior management team. This announcement is significant for stakeholders as it provides insights into the company’s performance and strategic direction, potentially impacting its market positioning and investor relations.
Frontera Energy Corporation has announced the initiation of a normal course issuer bid (NCIB) approved by the Toronto Stock Exchange, allowing the company to repurchase up to 3,502,962 common shares, representing approximately 5% of its issued and outstanding shares. This move is part of Frontera’s strategy to enhance shareholder value by purchasing shares when their market price does not reflect the company’s underlying value and prospects. The NCIB will be facilitated through an automatic share purchase plan with BMO Nesbitt Burns Inc., enabling purchases even during blackout periods, and the shares acquired will be cancelled, thus potentially increasing the value of remaining shares.
Frontera Energy Corporation has completed a substantial issuer bid, repurchasing 7,583,333 of its common shares at $12.00 per share, totaling approximately $91 million. This move is part of Frontera’s strategy to return value to shareholders, having returned over US$144 million in the past year through various capital distribution methods. The company plans to continue similar initiatives in 2025, indicating a strong commitment to shareholder value. The repurchase represents about 9.77% of the company’s outstanding shares, and the offer was oversubscribed, leading to a pro rata purchase of tendered shares.
Frontera Energy Corporation has announced the preliminary results of its substantial issuer bid, where it offered to purchase up to CAD$91 million of its outstanding common shares for cancellation at a price of CAD$12.00 per share. The offer was oversubscribed, with approximately 71.93 million shares tendered, and Frontera expects to purchase around 9.77% of its total issued shares. This move is part of Frontera’s strategy to manage its capital structure and enhance shareholder value, with plans to initiate a normal course issuer bid following the completion of this offer.
Frontera Energy Corporation announced the successful results of its cash tender offer and consent solicitation for its 7.875% Senior Notes due 2028. The company received requisite consents to amend the terms of the Notes and valid tenders exceeding the maximum tender amount, reducing its Notes by $80 million, which underscores its commitment to bondholders. This strategic move is part of Frontera’s broader focus on enhancing bondholder and investor value, ensuring long-term sustainability in a challenging macro-economic environment.
Frontera Energy Corporation has announced the launch of a substantial issuer bid, offering to purchase up to 7,583,333 common shares for cancellation at a price of CAD$12.00 per share, totaling up to CAD$91 million. This move is part of Frontera’s strategy to return capital to shareholders, and it follows previous share repurchases and dividends, potentially yielding a 24.9% return on the company’s stock price. The board remains committed to exploring further strategic initiatives to enhance shareholder value, though no specific plans are guaranteed.
Frontera Energy Corporation has announced an increase in the consideration and maximum tender amount for its outstanding 7.875% Senior Notes due 2028, as well as amendments to certain terms of the tender offer and consent solicitation. The maximum tender amount has been raised from $65 million to $80 million, and the consent payment has been increased, potentially impacting the company’s financial strategy and stakeholder engagement by offering more favorable terms to noteholders.
Frontera Energy Corporation has announced an extension of the early tender date and consent deadline for its outstanding 7.875% Senior Notes due 2028. The extension allows noteholders additional time until June 9, 2025, to tender their notes or provide consents, with settlement expected on June 11, 2025. This move aims to facilitate the company’s cash tender offer and consent solicitation, although the requisite consents for proposed amendments have not yet been received. The company has satisfied the financing condition but reserves the right to amend or terminate the offer based on other conditions.
Frontera Energy Corporation announced the results of its 2025 annual and special meeting of shareholders, where all management-nominated directors were elected with an average approval rate of 97.19%. The meeting saw participation from shareholders representing approximately 68.69% of the company’s issued and outstanding common shares. The election of directors and the composition of the company’s committees, including the Audit Committee, Compensation and Human Resources Committee, and Corporate Governance, Nominating, and Sustainability Committee, were confirmed, which may impact the company’s strategic direction and governance.
Frontera Energy Corporation has announced a substantial issuer bid to purchase up to 7,583,333 common shares for CAD$12.00 per share, totaling CAD$91 million. This initiative is part of Frontera’s ongoing strategy to return capital to shareholders, having returned approximately US$144 million over the past year through various financial maneuvers. The offer reflects the company’s commitment to unlocking shareholder value and may lead to further strategic initiatives in the future.