Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. CEO & Director Orlando Cabrales Segovia was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 03
Frontera Energy Corporation, Annual General Meeting, Apr 30, 2026 Frontera Energy Corporation, Annual General Meeting, Apr 30, 2026. Aankondiging • Nov 14
Frontera Energy Corporation Declares Quarterly Dividend, Payable on or Around January 19, 2026 Frontera Energy Corporation's Board of Directors declared a dividend of CAD 0.0625 per common share to be paid on or around January 19, 2026, to shareholders of record at the close of business on January 5, 2026. Aankondiging • Oct 31
Frontera Energy Corporation to Report Q3, 2025 Results on Nov 13, 2025 Frontera Energy Corporation announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 13, 2025 Aankondiging • Jul 25
Frontera Energy Corporation to Report Q2, 2025 Results on Aug 13, 2025 Frontera Energy Corporation announced that they will report Q2, 2025 results After-Market on Aug 13, 2025 Aankondiging • May 22
Frontera Energy Corporation (TSX:FEC) announces an Equity Buyback for 7,583,333 shares, representing 9.81% for CAD 91 million. Frontera Energy Corporation (TSX:FEC) announces a share repurchase program. Under the substantial course issuer bid, the company will repurchase up to 7,583,333 shares for CAD 91 million ($65 million) worth of its shares. The shares will be repurchased at a price of CAD 12 per share. The offer will be funded using the available cash on hand. The repurchased shares will be cancelled. If the aggregate amount of shares validly tendered is greater than the amount available for repurchase the company will purchase the shares on a pro rata basis after giving effect to odd lot tenders (shares tendered by shareholders beneficially owning fewer than 100 shares), which will not be subject to pro-ration. The offer will expire on July 4, 2025, unless extended, varied, or withdrawn by the company. As of May 20, 2025, the company had 77,295,478 issued and outstanding shares. Aankondiging • May 09
Frontera Energy Corporation Declares Quarterly Dividend, Payable on or Around July 17, 2025 Frontera Energy Corporation declared a dividend of CAD 0.0625 per common share to be paid on or around July 17, 2025, to shareholders of record at the close of business on July 3, 2025. Aankondiging • Apr 25
Frontera Energy Corporation to Report Q1, 2025 Results on May 08, 2025 Frontera Energy Corporation announced that they will report Q1, 2025 results After-Market on May 08, 2025 Aankondiging • Mar 19
Frontera Energy Corporation, Annual General Meeting, May 22, 2025 Frontera Energy Corporation, Annual General Meeting, May 22, 2025. Aankondiging • Mar 10
Frontera Energy Corporation Declares Dividend, Payable on April 16, 2025 Frontera Energy Corporation declared a dividend of CAD 0.0625 per common share to be paid on or around April 16, 2025, to shareholders of record at the close of business on April 2, 2025. This dividend payment to shareholders is designated as an "eligible dividend" for purposes of the Income Tax Act (Canada). This dividend is eligible for the Company's Dividend Reinvestment Plan which provides shareholders of Frontera who are resident in Canada with the option to have the cash dividends declared on their common shares reinvested automatically back into additional common shares, without the payment of brokerage commissions or services charges. Aankondiging • Feb 21
Frontera Energy Corporation to Report Q4, 2024 Results on Mar 10, 2025 Frontera Energy Corporation announced that they will report Q4, 2024 results Pre-Market on Mar 10, 2025 Aankondiging • Dec 16
Frontera Energy Corporation (TSX:FEC) announces an Equity Buyback for 3,500,000 shares, representing 4.33% for CAD 42 million. Frontera Energy Corporation (TSX:FEC) announces a share repurchase program. Under the substantial course issuer bid, the company will repurchase up to 3,500,000 shares for CAD 42 million ($30 million) worth of its shares. The shares will be repurchased at a price of CAD 12 per share. The offer will be funded using the available cash on hand. The repurchased shares will be cancelled. If the aggregate amount of shares validly tendered is greater than the amount available for repurchase the company will purchase the shares on a pro rata basis after giving effect to odd lot tenders (shares tendered by shareholders beneficially owning fewer than 100 shares), which will not be subject to pro-ration. The offer will expire on January 24, 2025, unless extended, varied or withdrawn by the company. As at December 11, 2024, the company had 80,793,387 issued and outstanding shares. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.20 (vs US$0.38 in 3Q 2023) Third quarter 2024 results: EPS: US$0.20 (down from US$0.38 in 3Q 2023). Revenue: US$278.5m (down 9.8% from 3Q 2023). Net income: US$16.6m (down 49% from 3Q 2023). Profit margin: 6.0% (down from 11% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Aankondiging • Oct 25
Frontera Energy Corporation to Report Q3, 2024 Results on Nov 06, 2024 Frontera Energy Corporation announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 Upcoming Dividend • Sep 25
Upcoming dividend of CA$0.063 per share Eligible shareholders must have bought the stock before 02 October 2024. Payment date: 16 October 2024. Payout ratio is a comfortable 6.9% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.6%). Aankondiging • Sep 05
Frontera Energy Corporation (TSX:FEC) announces an Equity Buyback for 3,375,000 shares, representing 4.01% for CAD 40.5 million. Frontera Energy Corporation (TSX:FEC) announces a share repurchase program. Under the program, the company will repurchase up to 3,375,000 shares, representing 4% of its share capital for CAD 40.5 million. The shares will be repurchased at a purchase price of CAD 12 per share. The company plans to fund the Share repurchases through available cash on hand. As part of its efforts to maximize value for shareholders, the company has identified the Offer as an attractive and efficient means to return capital to shareholders. The shares repurchased will be cancelled. If more than 3,375,000 Shares are tendered for purchase, the company will purchase the shares on a pro rata basis after giving effect to “odd lot” tenders. The offer will expire on October 17, 2024, unless extended, varied, or withdrawn by the Company. As of September 3, 2024, the company had 84,188,756 issued and outstanding Shares. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €5.55, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 34x in the Oil and Gas industry in Germany. Total returns to shareholders of 26% over the past three years. New Risk • Aug 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.8% Last year net profit margin: 20% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (9.8% net profit margin). Reported Earnings • Aug 09
Second quarter 2024 earnings released: US$0.03 loss per share (vs US$0.94 profit in 2Q 2023) Second quarter 2024 results: US$0.03 loss per share (down from US$0.94 profit in 2Q 2023). Revenue: US$279.5m (down 3.6% from 2Q 2023). Net loss: US$2.85m (down 103% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Aankondiging • Aug 08
Frontera Energy Corporation Declares Dividend on Common Share, Payable on or Around October 16, 2024 Frontera Energy Corporation announced that its Board of Directors has declared a dividend of CAD 0.0625 per Common Share to be paid on or around October 16, 2024, to shareholders of record at the close of business on October 2, 2024. Aankondiging • Jul 31
Frontera Energy Corporation to Report Q2, 2024 Results on Aug 07, 2024 Frontera Energy Corporation announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 Upcoming Dividend • Jun 26
Upcoming dividend of CA$0.063 per share Eligible shareholders must have bought the stock before 03 July 2024. Payment date: 17 July 2024. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.6%). Reported Earnings • May 09
First quarter 2024 earnings released: US$0.10 loss per share (vs US$0.13 loss in 1Q 2023) First quarter 2024 results: US$0.10 loss per share (improved from US$0.13 loss in 1Q 2023). Revenue: US$265.2m (up 5.9% from 1Q 2023). Net loss: US$8.50m (loss narrowed 25% from 1Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 01
Frontera Energy Corporation to Report Q1, 2024 Results on May 08, 2024 Frontera Energy Corporation announced that they will report Q1, 2024 results After-Market on May 08, 2024 Buy Or Sell Opportunity • Apr 05
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.4% to €5.85. The fair value is estimated to be €4.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Mar 25
Upcoming dividend of CA$0.063 per share Eligible shareholders must have bought the stock before 01 April 2024. Payment date: 16 April 2024. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (3.3%). Aankondiging • Mar 16
Frontera Energy Corporation, Annual General Meeting, May 23, 2024 Frontera Energy Corporation, Annual General Meeting, May 23, 2024. Reported Earnings • Mar 10
Full year 2023 earnings released: EPS: US$2.27 (vs US$3.16 in FY 2022) Full year 2023 results: EPS: US$2.27 (down from US$3.16 in FY 2022). Revenue: US$1.15b (down 9.6% from FY 2022). Net income: US$193.5m (down 33% from FY 2022). Profit margin: 17% (down from 23% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 8.3% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 08
Frontera Energy Corporation Declares Dividend on Common Share, Payable on or Around April 16, 2024 Pursuant to Frontera Energy Corporation's dividend policy, Company's Board of Directors has declared a dividend of CAD 0.0625 per Common Share to be paid on or around April 16, 2024, to shareholders of record at the close of business on April 2, 2024. Aankondiging • Feb 23
Frontera Energy Corporation to Report Q4, 2023 Results on Mar 07, 2024 Frontera Energy Corporation announced that they will report Q4, 2023 results After-Market on Mar 07, 2024 Buying Opportunity • Nov 14
Now 35% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €8.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Aankondiging • Nov 11
Cgx Energy Inc. and Frontera Energy Corporation Announces the Discovery of Total of 114 Feet (35 Meters) of Net Pay At the Wei-1 Well on the Corentyne Block CGX Energy Inc. and Frontera Energy Corporation announce the discovery of a total of 114 feet (35 meters) of net pay at the Wei-1 well on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana. The Joint Venture believes that the rock quality discovered in the Maastrichtian horizon in the Wei-1 well is analogous to that reported in the Liza Discovery on Stabroek block. Results further demonstrate the potential for a standalone shallow oil resource development across the Corentyne block. The Joint Venture also announces that Houlihan Lokey, a leading global investment bank and capital markets expert, is supporting active pursuit of strategic options for the Corentyne block, including a potential farm down, as it seeks to develop this potentially transformational oil investment in one of the most attractive oil and gas destinations in the world today, Guyana. There can be no guarantee that the review of strategic options will result in a transaction. The Wei-1 well, located approximately 14 kilometres northwest of the Joint Venture's previous Kawa-1discovery, was safely drilled by the NobleCorp Discoverer semi-submersible mobile drilling unit in water depth of approximately 1,912 feet (583 metres) to a total depth of 20,450 feet (6,233 meters). The Wei-1 well targeted Maastrichtian, Campanian and Santonian aged stacked sands within channel and fan complexes in the northern section of the Corentyne block. As reported on June 28, 2023, the Joint Venture's data acquisition program at the Wei-1 well included wireline logging, MDT fluid samples and sidewall coring throughout thevarious intervals. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: US$0.38 (vs US$0.30 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.38 (up from US$0.30 loss in 3Q 2022). Revenue: US$308.9m (down 13% from 3Q 2022). Net income: US$32.6m (up US$59.5m from 3Q 2022). Profit margin: 11% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue is expected to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Nov 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (20% net profit margin). Significant insider selling over the past 3 months (€134k sold). Aankondiging • Oct 20
Frontera Energy Corporation to Report Q3, 2023 Results on Nov 09, 2023 Frontera Energy Corporation announced that they will report Q3, 2023 results After-Market on Nov 09, 2023 Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: US$0.94 (vs US$0.14 in 2Q 2022) Second quarter 2023 results: EPS: US$0.94 (up from US$0.14 in 2Q 2022). Revenue: US$289.9m (down 16% from 2Q 2022). Net income: US$80.2m (up 495% from 2Q 2022). Profit margin: 28% (up from 3.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 1.5% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 01
Frontera Energy Corporation to Report Q2, 2023 Results on Aug 10, 2023 Frontera Energy Corporation announced that they will report Q2, 2023 results After-Market on Aug 10, 2023 Aankondiging • Jun 29
CGX Energy Inc. and Frontera Energy Corporation Discover Oil At the Wei-1 Well CGX Energy Inc. and Frontera Energy Corporation announced that the Joint Venture has discovered oil at the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana. The Joint Venture has successfully finished drilling operations without any safety incidents and expects to release the drilling rig in early July 2023. The Wei-1 well encountered 210 feet of hydrocarbon bearing sands in the Santonian horizon. The Joint Venture acquired wireline logs and extensive core samples from the Santonian, however, due to a tool failure downhole and a new tool not being available, oil samples were not obtained. The rock and fluid properties of the Santonian will now be analyzed by an independent third-party laboratory over the next 2- 3 months to define net pay and a basis for the evaluation of this interval. The Joint Venture has updated its previously announced discovery in the Maastrichtian and the Campanian intervals to 77 feet of net pay. Fluid samples were retrieved from the Campanian and Maastrichtian indicating the presence of light crude in the Campanian and sweet medium crude oil in the Maastrichtian. The Joint Venture's data acquisition program included wireline logging, MDT fluid samples and sidewall cores throughout the various intervals. Over the next few months, results will be integrated into the geologic and geophysical models to form an updated view of the entire northern portion of the Corentyne block. The northern portion of the Corentyne block includes the channel complexes discovered by the Kawa-1 and Wei-1 wells, and a prospective central channel complex, which is yet to be evaluated. The Joint Venture is excited by the definitive presence of oil in the Maastrichtian and Campanian and the presence of hydrocarbons in the Santonian and believes there is significant potential in the block. Aankondiging • Jun 14
Frontera Energy Corporation Announces Joint Venture with CGX Energy Inc Frontera Energy Corporation announced that the joint venture with CGX Energy Inc. has successfully reached total depth (TD) of 20,450' on the Wei-1BP1 (Wei-1 bypass exploration and appraisal well or the "Well"). The original Wei-1 wellbore reached a depth of 19,142'. A bypass well (Wei-1BP1) was drilled from 18,757' to total depth (TD) and penet rated the primary Santonian targets of the Well in the western complex in the northern portion of the Corentyne block. Prior to the bypass, the Well encountered an aggregate of approximately 71 feet of net oil pay in the secondary target reservoirs in the Maastrichtian and Campanian. Following the bypass, data collected from LWD (Logging While Drilling) and cuttings indicate multiple hydrocarbon shows in the primary target reservoirs in the Santonian interval. Results from the well are encouraging: data acquisition is ongoing via wireline logging, MDT's and side wall core sampling. An update on Well results will be provided when the acquisition and evaluation has been finalized. Results from the Well are consistent with pre-drill expectations. The Well has confirmed the Company's geologic and geophysical assessment of the block. As operations continue, the Joint Venture has revised its total Wei-1BP1 cost estimates to approximately $190-$195 million to complete the logging runs, finish well operations, and release the rig. The additional costs are primarily due to the lost sampling tool and the drilling of the bypass well. Reported Earnings • May 08
First quarter 2023 earnings released: US$0.13 loss per share (vs US$1.08 profit in 1Q 2022) First quarter 2023 results: US$0.13 loss per share (down from US$1.08 profit in 1Q 2022). Revenue: US$250.4m (down 1.7% from 1Q 2022). Net loss: US$11.3m (down 111% from profit in 1Q 2022). Revenue is expected to decline by 2.4% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Board Change • May 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. CEO & Director Orlando Cabrales Segovia was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Feb 16
Frontera Energy Corporation to Report Q4, 2022 Results on Mar 01, 2023 Frontera Energy Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Mar 01, 2023 Aankondiging • Feb 09
Frontera Energy Corporation Resumes Operations At Quifa and Cpe-6 Blocks Frontera Energy Corporation announced that all blockades on the road from Puerto Gaitán to the Rubiales village in the municipality of Puerto Gaitan, Meta Department, Colombia, have been lifted. The Company has resumed transporting on-site inventory, rotating crews and delivering supplies to its Quifa and CPE-6 operations. The Company anticipates returning to pre-blockade production levels within 14-21 days. The Company appreciates the support provided by local, regional, and national authorities, other affected oil and gas companies in the area, trade associations and communities to quickly and safely resolve the blockades. Aankondiging • Feb 02
Frontera Energy Corporation Provides Production Guidance for the Month, Fourth Quarter and Full Year Ended December 2022 and for the Full Year 2023 Frontera Energy Corporation provided production guidance for the month, fourth quarter and full year ended December 2022 and for the full year 2023. The company estimated average daily production in December 2022 was approximately 42,200 boe/d. The company estimated average daily production for the fourth quarter ended December 2022 was approximately 41,800 boe/d.The company estimated 2022 average daily production of approximately 41,400 boe/d was in-line with the Company's 2022 increased and tightened production guidance of 41,000 to 43,000 boe/d and represents an approximately 9.5% increase compared to the Company's 2021 average production.For the year 2023, the company expects Average Daily Production to be in the range of 40,000 boe/d to 43,000 boe/d. Aankondiging • Jan 24
CGX Energy Inc. and Frontera Energy Corporation Spuds the Wei-1 Well, on the Corentyne Block, Approximately 200 Kilometres Offshore from Georgetown, Guyana CGX Energy Inc. and Frontera Energy Corporation, joint venture partners announced that the Joint Venture has spud the Wei-1 well, on the Corentyne block, approximately 200 kilometres offshore from Georgetown, Guyana. The Joint Venture also announced that the Government of Guyana has approved an Appraisal Plan for the northern section of the Corentyne block which commenced with the Wei-1 well. Following completion of Wei-1 drilling operations and upon detailed analysis of the results, the Joint Venture may consider future wells per its appraisal program to evaluate possible development feasibility in the Kawa-1 discovery area and throughout the northern section of the Corentyne block. Any future drilling is contingent on positive results at Wei-1 and the Joint Venture has no further drilling obligations beyond the Wei-1 well. The Wei-1 well is located approximately 14 kilometres northwest of the Joint Venture's previous Kawa-1 light oil and condensate discovery and will be drilled in water depth of approximately 1,912 feet (583 metres) to an anticipated total depth of 20,500 feet (6,248 metres). The Wei-1 well will target Maastrichtian, Campanian and Santonian aged stacked sands within channel and fan complexes in the northern section of the Corentyne block. The well is expected to take approximately 4-5 months to reach total depth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. CEO & Director Orlando Cabrales Segovia was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
Third quarter 2022 earnings released: US$0.30 loss per share (vs US$0.40 profit in 3Q 2021) Third quarter 2022 results: US$0.30 loss per share (down from US$0.40 profit in 3Q 2021). Revenue: US$354.5m (up 94% from 3Q 2021). Net loss: US$26.9m (down 170% from profit in 3Q 2021). Revenue is expected to fall by 5.5% p.a. on average during the next 3 years compared to a 4.4% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: US$0.14 (vs US$0.26 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.14 (up from US$0.26 loss in 2Q 2021). Revenue: US$344.0m (up 53% from 2Q 2021). Net income: US$13.5m (up US$39.1m from 2Q 2021). Profit margin: 3.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 3.7%, compared to a 44% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • May 05
First quarter 2022 earnings released: EPS: US$1.08 (vs US$0.14 loss in 1Q 2021) First quarter 2022 results: EPS: US$1.08 (up from US$0.14 loss in 1Q 2021). Revenue: US$254.6m (up 38% from 1Q 2021). Net income: US$102.2m (up US$116.4m from 1Q 2021). Profit margin: 40% (up from net loss in 1Q 2021). The move to profitability was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 7.3%, compared to a 51% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director Rene Burgos Diaz was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 12
Corporate Vice President of Operations recently sold €164k worth of stock On the 9th of March, Ivan Arevalo sold around 17k shares on-market at roughly €9.86 per share. This was the largest sale by an insider in the last 3 months. This was Ivan's only on-market trade for the last 12 months. Reported Earnings • Mar 04
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$6.50 (up from US$5.13 loss in FY 2020). Revenue: US$894.1m (up 38% from FY 2020). Net income: US$628.1m (up US$1.13b from FY 2020). Profit margin: 70% (up from net loss in FY 2020). Revenue missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 21% compared to a 68% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 21% share price gain to €8.55, the stock trades at a trailing P/E ratio of 19.6x. Average forward P/E is 8x in the Oil and Gas industry in Germany. Total returns to shareholders of 44% over the past three years. Board Change • Jan 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director Rene Burgos Diaz was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improved over the past week After last week's 23% share price gain to €5.65, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 19x in the Oil and Gas industry in Germany. Total loss to shareholders of 5.2% over the past three years. Board Change • Dec 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director Rene Burgos Diaz was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 20
Insider recently bought €52k worth of stock On the 12th of November, Victor Vega bought around 9k shares on-market at roughly €5.59 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €274k more in shares than they bought in the last 12 months. Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS US$0.40 (vs US$0.93 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$182.7m (up 20% from 3Q 2020). Net income: US$38.5m (up US$129.0m from 3Q 2020). Profit margin: 21% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year. Aankondiging • Jun 08
Frontera Energy Corporation Resumes Operations at CPE-6 Five Rigs Across Portfolio CPE-6 Boundary Extension Authorized by the ANH Frontera Energy Corporation announced that the Company is beginning preparations to restart production of approximately 3,600 boe/d at its CPE-6 operations in the coming days. Regular transit in and out of the area has resumed and the Company has begun processing on-site inventory, rotating crews and delivering critical supplies to its CPE-6 location. The Company's CPE-6 facilities had previously been shut-in due to road blockades in the municipality of Puerto Gaitan, Colombia. Those blockades have now been lifted. The Company currently has five rigs across its portfolio including one at La Creciente, one in wells and constructing additional water-handling facilities at CPE-6, which is expected to increase production from the block by approximately 40% compared to 2020. Aankondiging • Jun 04
Frontera Energy Corporation Provides Colombian Update CPE-6 Operations Temporarily Shut-In Production Guidance Maintained for the Year Frontera Energy Corporation announced that due to road blockades in the municipality of Puerto Gaitan, Colombia, which have restricted the company's ability to transport its production by truck and deliver other essential operational supplies and support to its facilities, the Company has reached its on-site storage capacity and has temporarily shut-in approximately 3,600 boe/d of production at its CPE-6 operations. Year-to-date, the Company has averaged approximately 39,000 boe/d. At this time, the Company continues to maintain its production guidance of 40,500-42,500 boe/d for the year as it expects production volumes to increase in the second half of the year. Frontera's diverse Colombian portfolio enables the Company to generate value-focused production and cash flow from across its operations and its transportation and logistics infrastructure has lessened potential day-to-day impacts to its production. The Company is working with all levels of government and communities to understand and address local concerns and to resolve the blockades as quickly as possible. Frontera continues to monitor the situation and will provide updates on the situation when appropriate. Frontera continues to put the health and safety of its employees, contractors, service providers and communities first. Executive Departure • May 27
Independent Director has left the company On the 20th of May, Raymond Bromark's tenure as Independent Director ended after 4.5 years in the role. We don't have any record of a personal shareholding under Raymond's name. A total of 2 executives have left over the last 12 months. Aankondiging • May 08
Frontera Energy Corporation Provides Production Guidance for the Year 2021 Frontera Energy Corporation expects to meet its full year 2021 guidance forecast of 40,500 to 42,500 barrels of oil equivalent per day. Reported Earnings • May 06
First quarter 2021 earnings released: US$0.14 loss per share (vs US$4.04 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: US$184.7m (down 22% from 1Q 2020). Net loss: US$14.1m (loss narrowed 96% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Executive Departure • Mar 16
Chief Executive Officer Richard Herbert has left the company On the 15th of March, Richard Herbert's tenure as Chief Executive Officer of the company ended after 3.0 years in the role. As of December 2020, Richard personally held only 4.25k shares (€8.5k worth at the time). A total of 3 executives have left over the last 12 months. Under Richard's leadership, the company delivered a total shareholder return of -56%. Aankondiging • Mar 16
Frontera Energy Corporation, Annual General Meeting, May 19, 2021 Frontera Energy Corporation, Annual General Meeting, May 19, 2021. Reported Earnings • Mar 06
Full year 2020 earnings released: US$5.13 loss per share (vs US$3.01 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$648.5m (down 53% from FY 2019). Net loss: US$497.4m (down 269% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Mar 06
New 90-day high: €4.64 The company is up 143% from its price of €1.91 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 5.0% over the same period. Aankondiging • Mar 05
Frontera Energy Corporation Announces CEO Changes Frontera Energy Corporation announces the appointment of Board Member Orlando Cabrales Segovia as Chief Executive Officer, effective March 15, 2021, replacing Richard Herbert who has served as Chief Executive Officer for the last three years. The appointment of Mr. Cabrales reflects the significant progress that the Company has made to shape its operations as a focused Colombian producer with strong local partnerships, significant regional exploration projects, and material infrastructure assets serving the broader industry and communities. After March 15thMr. Herbert will continue acting in an advisory capacity to ensure an orderly transition with a focus on Guyana. Mr. Cabrales joined Frontera's Board of Directors in November 2018 and has over 30 years of experience in the public and private energy sector in Colombia, including serving as Vice Minister of Energy of the Ministry of Mines and Energy in Colombia between 2013 and 2014 and as the President of the ANH from 2011 to 2013. Mr. Cabrales held senior roles at BP in Latin America and has been on the boards of numerous companies in Colombia including Isagen S.A., Tuscany Drilling, Cenit and ISA. Mr. Cabrales earned an undergraduate degree in Law from Pontifical Javeriana University and a Master's degree in Philosophy from Boston College. Concurrent with his appointment as CEO, Mr. Cabrales will continue as a director of Frontera. Aankondiging • Feb 25
Frontera Energy Corporation to Report Fiscal Year 2020 Results on Mar 03, 2021 Frontera Energy Corporation announced that they will report fiscal year 2020 results After-Market on Mar 03, 2021 Is New 90 Day High Low • Feb 08
New 90-day high: €3.10 The company is up 100% from its price of €1.55 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 34% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: €2.74 The company is up 89% from its price of €1.45 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 49% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: €2.30 The company is up 63% from its price of €1.41 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 11
New 90-day high: €2.22 The company is up 54% from its price of €1.44 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 41% over the same period. Is New 90 Day High Low • Nov 25
New 90-day high: €2.00 The company is up 6.0% from its price of €1.88 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 28% over the same period. 
