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Bullboard - Stock Discussion Forum Frontera Energy Corp T.FEC

Alternate Symbol(s):  FECCF

Frontera Energy Corporation is a Canada-based oil and gas company. The Company is involved in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 27 exploration and production blocks in... see more

TSX:FEC - Post Discussion

Frontera Energy Corp > Puerto Bahia
View:
Post by SportyJ on Oct 19, 2024 2:35pm

Puerto Bahia

The company should be worth more than the current market cap. However, the monthly, quarterly or yearly revenues and net income disclosed in the financials for Puerto Bahia are paltry and certainly don't support a lofty PB valuation.

All imo.
Comment by kcac1 on Oct 20, 2024 1:45pm
The port's value is in the port itself, not the current revenue it generates. Especially with it being a wholly owned subsidary controlled by de Alba who somehow has become very wealthy mismanging companies, it is likely generating no where near its income potential due to it being a de Alba controlled business.  It is a very modern deep water port very soon to have a two way pipeline to ...more  
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