Bonterra Energy: Reducing Its Net Debt By C$10M Per Month

Oct. 07, 2022 11:30 AM ETBonterra Energy Corp. (BNE:CA), BNEFF6 Comments

Summary

  • Bonterra Energy's market cap hasn't moved in the past three months despite generating about C$10M in free cash flow per month.
  • Bonterra's free cash flow should remain strong next year, even if the oil and gas prices decrease.
  • I haven't pulled the trigger yet, but Bonterra Energy is becoming increasingly interesting to initiate a long position.
  • Looking for option income ideas that focus on capital preservation? I offer this and much more at my exclusive investing ideas service, European Small-Cap Ideas. Learn More »

Oil and gas drilling near Calgary, Canada

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Introduction

I have been keeping an eye on Bonterra Energy (OTCPK:BNEFF) for the better part of the past year as I enjoyed how the strong oil and gas price allowed to company to

Chart
Data by YCharts

Average Realized Prices

Bonterra Energy Investor Relations

Income Statement

Bonterra Energy Investor Relations

Cash Flow Statement

Bonterra Energy Investor Relations

Hedge Book

Bonterra Energy Investor Relations

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This article was written by

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We zoom in on capital gains and dividend income in European small-caps
As I'm a long-term investor, I'll highlight some stockpicks which will have a 5-7 year investment horizon. As I strongly believe a portfolio should consist of a mixture of dividend-paying stocks and growth stocks, my articles will reflect my thoughts on this mixture.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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