RY 174.21 0.4845% TD 77.21 -0.3099% SHOP 113.1 0.5155% CNR 157.51 -1.1299% ENB 57.59 0.1565% CP 112.08 -0.5678% BMO 129.49 0.3332% TRI 232.87 0.7921% CNQ 49.045 1.1654% BN 76.23 1.3023% ATD 73.74 -0.6066% CSU 4426.6099 0.3812% BNS 73.69 -0.1896% CM 86.29 0.4657% SU 53.56 0.7714% TRP 65.64 0.845% NGT 78.23 1.1246% WCN 250.66 0.2239% MFC 42.08 -0.1898% BCE 46.14 0.2172%
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Frontera (TSX:FEC) Forecasts Operating EBITDA of USD 400-450 Million at USD 80/bbl
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Highlights
Frontera Energy Corporation (TSX: FEC), with a market cap of CAD 680.99mn, is a crude oil and natural gas company based in Canada.
In Q2 2024, the company posted a decline in net revenue at USD 279.5 million compared to USD 289.8 million in Q2 2023 (pcp), reflecting a year-over-year decrease of 3.6%. This reduction was largely attributed to lower consolidated production during the quarter. Additionally, income from operations fell to USD 45.2 million, down 18.7% from the previous year’s USD 55.6 million.
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