Bonterra Energy Corp.
BNE.TO
Toronto Stock Exchange5.24
CAD
-0.22
- -
Bonterra Energy Corp.
BNE.TO
(Toronto Stock Exchange)
Recent
price
5.24
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Bonterra Energy Corp. engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the Western Canadian Sedimentary Basin; its principal assets include a large, concentrated position in the Pembina Cardium conventional oil field at Pembina and Willesden Green in central Alberta, offering stable light oil production with an estimated original oil in place of 10.6 billion barrels and less than 15% recovered to date, alongside emerging light oil plays in the Charlie Lake formation in northern Alberta with 116 net sections of land and high-impact Montney resource potential at Valhalla north of Grande Prairie with 45 net sections; the company operates approximately 93% of its Cardium production and related facilities, 100% of its Charlie Lake and Montney output, and maintains owned infrastructure including pipelines and multi-well batteries for operational flexibility; production averages approximately 15,000 to 15,200 boe per day in 2025 with 51% to 54% oil and liquids weighting, supported by over 450 identified drilling locations across its core areas. Founded in 1981 and headquartered in Calgary, Alberta, Bonterra targets conventional reservoirs with low-risk, repeatable development through horizontal drilling, pad operations, and advanced completion technologies that enhance recoveries and capital efficiencies; it serves domestic markets with robust netbacks from quality light oil and strategic market egress, while prioritizing sustainability through methane reduction programs, environmental stewardship, and a hedging strategy covering about 43% of oil and 30% of gas production over the next nine months. In recent developments, Bonterra completed the acquisition of Charlie Lake assets on March 1, 2024, for $24.1 million, expanding its footprint to 116 contiguous net sections and integrating complementary light oil production; the company closed a $135 million 10.50% senior secured second lien note offering on January 28, 2025, to refinance junior debt and debentures, enhancing liquidity alongside a renewed $125 million revolving credit facility on April 30, 2025; it initiated a normal course issuer bid in April 2025, repurchasing and cancelling 737,700 shares by September 30, 2025, at an average of $3.54 per share to support shareholder returns; Q2 2025 marked record production of 16,399 boe per day, with revised 2025 guidance for $65 to $70 million capital expenditures focused on free funds flow generation, Charlie Lake delineation including a three-well pad with three-mile laterals, and Montney exploration with a new well planned for Q4 2025; net debt stood at $167.8 million as of September 30, 2025, with ongoing reductions and a net debt to EBITDA ratio of 1.4 times.