Bonterra Energy Corp (BNE) Director George Frederick Fink Buys 15,000 Shares

Bonterra Energy Corp (TSE:BNE) Director George Frederick Fink bought 15,000 shares of Bonterra Energy stock in a transaction dated Wednesday, May 15th. The stock was acquired at an average price of C$6.68 per share, with a total value of C$100,143.00. Following the completion of the transaction, the director now directly owns 3,688,799 shares of the company’s stock, valued at C$24,627,159.88.

George Frederick Fink also recently made the following trade(s):

  • On Monday, May 13th, George Frederick Fink bought 15,000 shares of Bonterra Energy stock. The stock was acquired at an average price of C$6.59 per share, with a total value of C$98,899.50.
  • On Wednesday, April 3rd, George Frederick Fink bought 15,000 shares of Bonterra Energy stock. The stock was acquired at an average price of C$6.25 per share, with a total value of C$93,799.50.
  • On Thursday, March 28th, George Frederick Fink acquired 18,000 shares of Bonterra Energy stock. The shares were purchased at an average price of C$6.36 per share, with a total value of C$114,480.00.

Bonterra Energy stock traded down C$0.13 during midday trading on Wednesday, hitting C$6.70. 142,806 shares of the stock were exchanged, compared to its average volume of 223,672. Bonterra Energy Corp has a fifty-two week low of C$5.31 and a fifty-two week high of C$20.29. The stock has a market cap of $221.04 million and a P/E ratio of 42.55. The company has a current ratio of 0.44, a quick ratio of 0.38 and a debt-to-equity ratio of 65.18.

Bonterra Energy (TSE:BNE) last released its quarterly earnings data on Tuesday, March 12th. The company reported C($0.33) earnings per share (EPS) for the quarter. The company had revenue of C$34.99 million for the quarter, compared to analysts’ expectations of C$65.10 million. As a group, analysts forecast that Bonterra Energy Corp will post 0.32 EPS for the current year.

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 31st will be paid a dividend of $0.01 per share. This represents a $0.12 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend is Tuesday, May 14th. Bonterra Energy’s dividend payout ratio (DPR) is presently 477.71%.

Several equities research analysts recently issued reports on the stock. Haywood Securities cut their price objective on shares of Bonterra Energy from C$12.00 to C$10.00 in a research report on Thursday, January 17th. TD Securities cut their price objective on shares of Bonterra Energy from C$8.50 to C$7.00 and set a “hold” rating for the company in a research report on Wednesday, February 20th. Raymond James cut their price objective on shares of Bonterra Energy from C$12.00 to C$10.00 and set a “strong-buy” rating for the company in a research report on Tuesday, May 7th. BMO Capital Markets cut their price objective on shares of Bonterra Energy from C$7.00 to C$6.00 and set an “underperform” rating for the company in a research report on Thursday, February 14th. Finally, CIBC raised their price objective on shares of Bonterra Energy from C$7.00 to C$8.00 in a research report on Tuesday, April 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of C$9.48.

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Bonterra Energy Company Profile

Bonterra Energy Corp., an upstream oil and gas company, engages in the production and sale of crude oil, natural gas, and natural gas liquids. It primarily focuses on the development of its Cardium zone within the Pembina and Willesden Green areas located in west central Alberta. The company also holds interests in the Shaunavon area located in southwest Saskatchewan, and the Prespatou area located in northeast British Columbia.

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