Bonterra Energy Corp T.BNE

Alternate Symbol(s): BNEFF

Energy Oil & Gas E&P

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 Company is focused on the development of the Pembina and Willesden Green Cardium lands within central Alberta. It has Shaunavon properties in the Chambery field, which produce medium density crude oil from the upper Shaunavon formation under waterflood. It also has assets in the Prespatou area of northeast British Columbia, which consists almost entirely of natural gas and associated natural gas liquids. It also has an undeveloped Charlie Lake asset that is prospective for light oil in Bonanza, Alberta. The Company has over 116 net sections of contiguous land in the light oil prone Charlie Lake.

TSX:BNE - Post by User

Bonterra Energy Corp > Time to start buybacks

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Comment by Hendrick3on Nov 02, 2024 5:10pm

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Post# 36293879

RE:RE:RE:RE:RE:Time to start buybacks

You can compare FFO per share though and BNE consistently out performs CJ. The difference is that CJ pays a dividend and receives a substantial premium for doing so. I believe the spread between the two stocks will narrow over time. Low prices, CJ comes down relative to BNE especially if they have to cut the dividend. High prices, BNE goes higher especially if they start a return of capital plan. CJ properly valued today while Bne massively undervalued.

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