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Frontera Energy Corporation (T:FEC)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
See Regulatory Filings on SEDAR
Company Contact
Address: 333 Bay Street, Suite 1100
TORONTO CA M5H 2R2
Tel: N/A
Website: www.fronteraenergy.ca
IR: See website
Key People
Orlando Cabrales Segovia
Chief Executive Officer, Director
Rene Burgos Diaz
Chief Financial Officer
Ivan Arevalo
Corporate Vice President - Operations
Renata Campagnaro
Vice President - Marketing, Logistics and Business Sustainability
Victor Vega
Corporate Vice President - Field Development, Reservoir Management & Exploration
Alejandra Bonilla
General Counsel, Secretary
Business Overview
Frontera Energy Corp is a Canada-based company involved in the exploration, development, production, transportation, storage and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company's diversified portfolio of assets with interests in approximately 39 exploration and production blocks in Colombia, Ecuador and Guyana, and pipeline and port facilities in Colombia.
Financial Overview
For the six months ended 30 June 2022, Frontera Energy Corp revenues increased 46% to $598.6M. Net income totaled $115.7M vs. loss of $39.8M. Revenues reflect Colombia segment increase of 57% to $576.5M, Canada & Other segment increase from $0K to $3M, Crude Oil Production, Total increase of 4% to 7.1M barrels, Oil Equivalent Production (Units/day), T increase of 8% to 41K barrels per day.
Employees: 797 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $1,319M as of Jun 30, 2022
Annual revenue (TTM): $1,436M as of Jun 30, 2022
EBITDA (TTM): $740.89M as of Jun 30, 2022
Net annual income (TTM): $1,039M as of Jun 30, 2022
Free cash flow (TTM): $140.66M as of Jun 30, 2022
Net Debt Last Fiscal Year: $318.71M as of Jun 30, 2022
Shares outstanding: 87,903,323 as of Aug 25, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization