For subscribers only. © 2021 The Motley Fool Canada, ULC. 06, 2020 3:56 PM ET Frontera Energy Corporation (FECCF) 13 Comments 2 Likes Inversiones Apartado Find the latest FRONTERA ENERGY CORPORATION (FEC.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. That makes them extremely attractively valued contrarian plays at this time. By the start of April 2020, it had no long-term debt and a notable US$390 million in cash. Parex’s value will soar once the economy rebounds and oil prices rally. It has a diversified portfolio of assets with interests in more than 40 exploration and production blocks in Colombia, Peru, Ecuador and Guyana. Frontera: Misconception Of Risk Leaves This Upstream Oil Stock Heavily Undervalued Jul. Frontera Resources to get workover operations underway at T-16 well. The company has lost a whopping 60% for the year to date. $52.04. Frontera Energy Corporation provides oilfield services. It is engaged in the exploration, development, and production of crude oil and natural gas with operations focused in South America. A premium report that provides detailed quantitative assessments of earnings, fundamentals, relative valuation, risk, price momentum and more. Oil and gas explorer Frontera Resources said Monday a rig would be deployed … © Copyright 2021 The Globe and Mail Inc. All rights reserved. Given this reliance on oil exports, it’s not surprising that energy prices are major drivers of Russian equities. View real-time stock prices and stock quotes for a full financial overview. These top 10 stocks are also highly rated in the industry Oil & Gas Production, region Canada. Frontera's activities are focused on the exploration and development of the geographic area associated with Block 12 in Georgia. Frontera emerged from the bankruptcy restructuring of Pacific Exploration & Production in 2016. Current stock quote for Frontera Energy Corporation New ( T.FEC ) including financial statements, level 2 data, and the latest Oil & Gas E&P news, research, and investment community discussion We will contrast the two businesses based on the strength of their valuation, profitability, dividends, analyst recommendations, institutional ownership, earnings and risk. In 2015, Frontera announced that they had discovered 3.8 trillion cubic metres of gas in Kakheti Region, eastern Georgia. Gran Tierra Energy is an independent international energy company focused on oil and natural gas exploration and production in Colombia and … Monthly Subscription. Stock analysis for Frontera Energy Corp (FEC:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Frontera Energy (TSX:FEC) is another Canadian driller operating in Colombia. What is this stock worth in intrinsic value? Frontera Energy Corp. engages in the exploration, development, and production of crude oil and natural gas. Current as of January 12, 2021. Here are two top Canadian oil stocks every investor should add to their portfolio. Frontera Energy Corporation shares are cheaper than other comparable stocks. Frontera’s long-term debt totalling US$331 million at the end of 2019 was a very manageable 0.6 times EBITDA. Many Canadian oil stocks like Parex and Frontera are trading at deep discounts to their net asset value. for only. This is your chance to get in early on what could prove to be very special investment advice. This highlights the considerable upside available once oil rallies and the economy returns to growth. - PR Newswire - PRF - Fri Nov 27, 7:30AM CST. The graph below shows the movement of Brent oil prices along with prominent broad-based Russia-focused ETFs. Real-Time Alerts for Volume Breakouts, Highs and Lows for NYSE, NASDAQ, Amex, OTC Markets and OTCBB. Frontera has proven and probable oil reserves of 171 million barrels, which have an after-tax net present value of US$2.1 billion. Frontier Oil Stock Price . Many Canadian oil stocks like Parex and Frontera are trading at deep discounts to their net asset value. Copyright © 2021. When announcing the commencement of dividends, Frontera advised it would only be paid when Brent averaged US$60 per barrel of higher in the relevant period. Oil & Gas Producers 1.91 -13.26 -0.15 45 Last Trade Time Trade Type Trade Size Trade Price Currency-O: 0: 0.2875: GBX: Frontera (FRR) Latest News . Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Don't miss out! For exchange delays and terms of use, please read disclaimer (will open in new tab). Toronto, Ontario--(Newsfile Corp. - November 27, 2020) - CGX Energy Inc. ("" or "the ") and Frontera Energy Corporation (TSX: FEC) (""), the joint venture partners (the "")announce that their constructive and collaborative discussions with the Government of Guyana have been concluded with respect to the Corentyne block with a rescheduling of the Joint Venture's work commitments regarding its Petroleum Prospecting License for the Corentyne Block offshore Guyana. TORONTO , Nov. 27, 2020 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) (" Frontera " or the " Company ") and CGX Energy Inc (" CGX "), the joint venture partners (the " Joint Venture "), announce that their constructive and collaborative discussions with the Government of Guyana have been concluded with respect to the Corentyne block with a rescheduling of the Joint Venture's work commitments regarding its Petroleum Prospecting License for the Corentyne Block offshore Guyana . Parex is one of the few debt-free intermediate upstream oil producers. Frontera Energy Corp is a Canadian-based exploration and production company. The latest oil price collapse has seen many TSX-listed Canadian oil stocks emerge as compelling contrarian plays on oil’s eventual recovery. Here’s What’s Happening in the Stock Market Today, 3 Top Canadian Stocks to Buy Under $100 for High Returns. In the current harsh operating environment, Frontera will cease paying its dividend. Takes you to an interactive chart which cannot interact. Frontera like its peers has slashed spending in response to the coronavirus pandemic and the latest oil price collapse. It is also reducing expenses and shuttering production at higher-cost legacy fields. Frontera Energy Corp is a Canada-based oil and gas company. A combination of rising North American inventories, lack of storage capacity, and a massive demand shock were responsible. Just Released! Those oil reserves give Parex a net asset value of $38 per share after deducting total long-term liabilities, which is almost three times its current market value. The Company is committed to working hand in hand with all its stakeholders to conduct business in a socially and environmentally responsible manner. More Frontera News . FRONTERA ENERGY CORPORATION : News, information and stories for FRONTERA ENERGY CORPORATION | Toronto Stock Exchange: FEC | Toronto Stock Exchange The Company focuses on the onshore Kura Basin situated between the Caspian Sea and the Black Sea in the nations of Azerbaijan and Georgia. After deducting Frontera’s long-term debt, leases, and asset retirement obligations, it has a net asset value of $13.63 per share. Chat About FRR Shares - Stock Quote, Charts, Trade History, Share Chat, Financial Terms Glossary. Its share price has declined by a whopping 43% since the start of 2020. In response to the current difficult operating environment, Parex suspended drilling activities to preserve cash. An old stock market adage says "never try to catch a falling knife", and recommending Frontera in recent years has left more than a few with bloody hands. Corporate earnings are provided from Morningstar, including Income Statements,Balance Sheets, Cash Flow Statements, and Statement of Retained Earnings. Read our. Frontera Energy Corporation explores for, develops, and produces crude oil and natural gas in South America. They are good alternative stock investment opportunities to consider: Large companies - similar industry as Frontera Energy Corporation Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Simply click the link below to grab your free copy and discover all 5 of these stocks now. It operates through the following segments: Colombia, Peru, and Canada and Other. 32.31 0.00 (0.0%) Upgrade to Real-Time Afterhours (Closed) Best deals to access real time data! To view this site properly, enable cookies in your browser. 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? I understand I can unsubscribe from these updates at any time. Not to alarm you, but you’re about to miss an important event. fronteraenergy.ca. for only. Should You Buy Aphria (TSX:APHA) After Its Recent Pullback? Frontera Resources Corporation (Frontera), with its subsidiaries is engaged in the development of oil and gas projects. At the end of March, management announced that 2020 capital expenditures would be reduced by around 60%. Frontera Energy Corp. is a Canadian public company dedicated to exploration and production of crude oil and natural gas with operations focused in the North Andean region. When the global economy returns to growth, both will see their stock rally as oil recovers. Free trial. That bodes well for Frontera’s ability to generate revenue. CGX Announces Rescheduling of Work Commitments in Corentyne Block, Guyana, Rescheduling of Work Commitments in Corentyne Block, Guyana. They have operated in Georgia since 1997 and according to their webpage, they operate over an area of 5,060 square kilometres in Georgia. The company was formerly known as Pacific Exploration & Production Corporation and changed its name to Frontera Energy Corporation in June 2017. Frontera Resources is an international oil and gas exploration and production company headquartered in Houston, Texas. Frontera Investment Inc (FRNV) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Parex has some particularly low expenses compared to its peers. Murphy Oil exited 2019 with proved reserves of approximately 800 million barrels of oil equivalent (MMboe) (with 57% liquids), down 1.96% from 2018 end level of … All market data (will open in new tab) is provided by Barchart Solutions. TORC Oil & Gas Ltd. (TOG.TO) and Frontera Energy Co. (FEC.TO) are both small-cap energy companies, but which is the better stock? The Motley Fool Canada » Energy Stocks » 2 Top Canadian Oil Stocks to Profit From the Energy Crisis, Matt Smith | April 23, 2020 | More on: FEC PXT. Within a year Frontera’ stock, which had been on a steady decline for years, fell to less than 40 cents a share and was delisted from the Alternative Investment Market. Those robust numbers highlight that Frontera is well positioned to weather the latest oil price collapse. The Company explores, develops, and produces crude oil and natural gas. That makes them extremely attractively valued contrarian plays at this time. Contact us if you would like research on this stock. Despite the sharp reduction in spending and shuttering of uneconomic wells, Frontera expects annual average oil production to fall by a mere 8% compared to its original forecast to 55,000 to 60,000 barrels daily. Parex and Frontera will emerge from the current oil crisis in solid shape. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. , /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("" or the "") and CGX Energy Inc (""), the joint venture partners (the ""), announce that their constructive and collaborative discussions with the Government of have been concluded with respect to the Corentyne block with a rescheduling of the Joint Venture's work commitments regarding its Petroleum Prospecting License for the Corentyne Block offshore . Frontera's activities are focused on the exploration and development of the geographic area associated with Block 12 in Georgia. Clearly, that will not occur in the current environment. Real-Time news about Frontera Res (London Stock Exchange): 0 recent articles. Fool contributor Matt Smith has no position in any of the stocks mentioned. Stock quotes - NASDAQ offers stock quotes for a full Financial overview oil reserves 157.7! 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