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home / news releases / FECCF - Frontera Energy GAAP EPS of $1.05 revenue of $207.34B

FECCF - Frontera Energy GAAP EPS of $1.05 revenue of $207.34B

Pacific Exploration & Production Corp
Frontera Energy press release (OTCPK:FECCF): Q1 GAAP EPS of $1.05. Revenue of $207.34B (+32.2% Y/Y). Production averaged 41,100 boe/d, up 6.5% compared to 38,605 boe/d in the prior quarter and 40,599 boe/d in the first quarter of 2021. The Company's operating netback was $58.44/boe, up 22% compared with $47.80/boe in the prior quarter and $29.08/boe in the first quarter of 2021. Operating EBITDA was $132.8 million in the first quarter of 2022 compared with $148.3 million in the prior quarter and $69.2 million in the first quarter of 2021.  Reiterate 2022 Operating EBITDA guidance of $575M-$625M at $90 per Bbl Brent.

For further details see:

Frontera Energy GAAP EPS of $1.05, revenue of $207.34B
Stock Information
Company Name: Pacific Exploration & Production Corp
Stock Symbol: FECCF
Market: OTC
Website: fronteraenergy.ca
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