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Bullboard - Stock Discussion Forum Bonterra Energy Corp T.BNE

Alternate Symbol(s):  BNEFF

Bonterra Energy Corp. is a Canada-based conventional oil and gas company with operations in Alberta, Saskatchewan, and British Columbia. The Company operates through development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. Its operating areas include Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The... see more

TSX:BNE - Post Discussion

Bonterra Energy Corp > Captain Obvious
View:
Post by snowshoedb on Jul 23, 2022 9:24am

Captain Obvious

Looks like you got you vague announcement. They said exactly what a vocal group wanted to hear. 

The recent improvement in commodity price levels is facilitating deleveraging of the Company. Once Bonterra's debt and leverage objectives have been met, Bonterra intends to return to a sustainable growth/return of capital to shareholders strategy.

Comment by bandit69 on Jul 26, 2022 11:18am
They've made no mention of the required debt metrics they're targeting before ROC that I can see.   Doesn't matter anyway, it's a pathetic performer and has been for years long before 2020 hit and needs to be sold to realize value here.  Without institutional support traders can flip this back and forth all day long and they do by appearances of short reports and ...more  
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