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Frontera Energy Corporation (T:FEC)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: 333 Bay Street, Suite 1100
Tel: N/A
IR: See website
Key People
Gabriel De Alba
Independent Chairman of the Board
Orlando Cabrales
Chief Executive Officer
David Dyck
Chief Financial Officer
Duncan James Nightingale
Corporate Vice President - Operations Development and Reservoir Management
Grayson M. Andersen
Corporate Vice President - Capital Markets
Alejandra Bonilla
Corporate Vice President - Legal and Head of Legal Colombia
Renata Campagnaro
Corporate Vice President - Supply, Transportation and Trading
Alejandro Pineros
Corporate Vice President - Strategy & Planning
Andrew Kent
General Counsel, Secretary
Business Overview
Frontera Energy Corp is a Canada-based oil and gas company. It is engaged in the exploration, development, and production of crude oil and natural gas with operations focused in South America. It has a diversified portfolio of assets with interests in more than 40 exploration and production blocks in Colombia, Peru, Ecuador and Guyana. The Company's projects include: Bicentenario Pipeline, a pipeline for transporting crude oil in Colombia; and Puerto Bahia, a port development for handling and storing oil and its derivatives as well as dry bulk and general cargo.
Financial Overview
For the three months ended 31 March 2021, FronteraEnergy Corp revenues decreased 22% to $184.7M. Net lossdecreased 96% to $14.1M. Revenues reflect Colombia segmentdecrease of 26% to $156.5M, Peru segment decrease of 15% to$22.4M, Colombia segment decrease of 26% to $156.5M, Perusegment decrease of 15% to $22.4M, Oil EquivalentProduction (Units/day), T decrease of 36% to 41K barrelsper day.
Employees: 818 as of Dec 31, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $1,120M as of Mar 31, 2021
Annual revenue (TTM): $749.02M as of Mar 31, 2021
EBITDA (TTM): $100.72M as of Mar 31, 2021
Net annual income (TTM): -$155.41M as of Mar 31, 2021
Free cash flow (TTM): $212.58M as of Mar 31, 2021
Net Debt Last Fiscal Year: $359.77M as of Mar 31, 2021
Shares outstanding: 96,985,295 as of Jul 15, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization