Added to YB: 2026-05-20
Pitch date: 2026-05-17
FEC.TO [neutral]
Frontera Energy Corporation
+0.62%
current return
Author Info
Company Info
Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America.
Market Cap
CAD 725.4M
Pitch Price
CAD 14.47
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.63
P/E
-0.74
EV/Sales
0.87
Sector
Oil, Gas and Consumable Fuels
Category
growth
Q1 Earnings Update - Part II - Frontera Energy Corporation
FEC.TO (update): Q1 as infrastructure co post E&P spin. ODL pipeline (35% stake) worth ~$390M at 6x $65M annual div (lumpy, $0 in Q1 but $64.7M guided 2026, debt down to $131M via sweep). Puerto Bahia port: liquid terminal declining but general cargo +100% YoY on auto boom (+47.8% Q1). LPG started Mar'26, $10-15M EBITDA by Q1'28. LNG w/ Ecopetrol pending ANI approval, $80M capex, 7yr take-or-pay. Est $16M EBITDA at $0.50/MMBtu (126 MMcfd). Port path to $25M+ EBITDA by 2028, $42M+ w/ LNG ramp.
Read full article (3 min)