TSX:BNE

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Bonterra Energy

Executive Summary

Bonterra Energy Corp., an upstream oil and gas company, engages in the production and sale of crude oil, natural gas, and natural gas liquids. More Details


Snowflake Analysis

Fair value with imperfect balance sheet.

Share Price & News

How has Bonterra Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BNE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.7%

BNE

0.4%

CA Oil and Gas

0.07%

CA Market


1 Year Return

-60.6%

BNE

-33.5%

CA Oil and Gas

-3.6%

CA Market

Return vs Industry: BNE underperformed the Canadian Oil and Gas industry which returned -33.5% over the past year.

Return vs Market: BNE underperformed the Canadian Market which returned -4% over the past year.


Shareholder returns

BNEIndustryMarket
7 Day-0.7%0.4%0.07%
30 Day19.8%-1.8%2.1%
90 Day-16.8%-10.8%1.8%
1 Year-59.8%-60.6%-29.8%-33.5%-0.09%-3.6%
3 Year-89.5%-90.7%-36.4%-44.3%3.7%-6.1%
5 Year-91.9%-93.7%-29.7%-42.0%31.1%11.6%

Price Volatility Vs. Market

How volatile is Bonterra Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bonterra Energy undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BNE (CA$1.39) is trading below our estimate of fair value (CA$55)

Significantly Below Fair Value: BNE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BNE is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.

PE vs Market: BNE is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BNE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BNE is good value based on its PB Ratio (0.2x) compared to the CA Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is Bonterra Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-12.8%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if BNE's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if BNE's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BNE's revenue is expected to decline over the next 3 years (-12.8% per year).

High Growth Revenue: BNE's revenue is forecast to decline over the next 3 years (-12.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BNE is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Bonterra Energy performed over the past 5 years?

-48.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BNE is currently unprofitable.

Growing Profit Margin: BNE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BNE is unprofitable, and losses have increased over the past 5 years at a rate of 48% per year.

Accelerating Growth: Unable to compare BNE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BNE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.9%).


Return on Equity

High ROE: BNE has a negative Return on Equity (-138.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is Bonterra Energy's financial position?


Financial Position Analysis

Short Term Liabilities: BNE's short term assets (CA$14.9M) do not cover its short term liabilities (CA$314.4M).

Long Term Liabilities: BNE's short term assets (CA$14.9M) do not cover its long term liabilities (CA$205.8M).


Debt to Equity History and Analysis

Debt Level: BNE's debt to equity ratio (140%) is considered high.

Reducing Debt: BNE's debt to equity ratio has increased from 67.9% to 140% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable BNE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BNE is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.1% per year.


Next Steps

Dividend

What is Bonterra Energy current dividend yield, its reliability and sustainability?

0.72%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BNE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BNE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BNE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BNE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BNE is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BNE's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.5yrs

Average management tenure


CEO

George Fink (80 yo)

39.75yrs

Tenure

CA$374,500

Compensation

Mr. George Frederick Fink, B. Comm., C.A., has been the Chief Executive Officer at Bonterra Energy Corp since January 1981. Mr. Fink serves as the Chief Executive Officer of CanAmericas (Argentina) Energy ...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD284.89K) is above average for companies of similar size in the Canadian market ($USD171.35K).

Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
George Fink
Chairman & CEO39.75yrsCA$374.50k13.21%
CA$ 6.1m
Robb Thompson
CFO & Corporate Secretary9.67yrsCA$374.50k0.094%
CA$ 43.8k
Adrian Neumann
Chief Operating Officer7.25yrsCA$374.50k0.0045%
CA$ 2.1k
Brad Curtis
Senior Vice President of Business Development3.58yrsCA$334.25k0.094%
CA$ 43.8k

8.5yrs

Average Tenure

Experienced Management: BNE's management team is seasoned and experienced (8.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
George Fink
Chairman & CEO39.75yrsCA$374.50k13.21%
CA$ 6.1m
Rodger Tourigny
Independent Director7.42yrsCA$50.00k0.20%
CA$ 95.0k
Randy Jarock
Independent Director8.33yrsCA$50.00k1.14%
CA$ 531.4k
Jacqueline Ricci
Director0.42yrno datano data
John Campbell
Director0.42yrno data0.0054%
CA$ 2.5k

3.9yrs

Average Tenure

Experienced Board: BNE's board of directors are considered experienced (3.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BNE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bonterra Energy Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bonterra Energy Corp.
  • Ticker: BNE
  • Exchange: TSX
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$46.410m
  • Shares outstanding: 33.39m
  • Website: https://www.bonterraenergy.com

Number of Employees


Location

  • Bonterra Energy Corp.
  • 1015 - 4th Street SW
  • Suite 901
  • Calgary
  • Alberta
  • T2R 1J4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BNEF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2001
BNETSX (The Toronto Stock Exchange)YesCommon SharesCACADJul 2001
QNC1DB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2001

Biography

Bonterra Energy Corp., an upstream oil and gas company, engages in the production and sale of crude oil, natural gas, and natural gas liquids. It primarily focuses on the development of its Cardium land wi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 00:31
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.