Added to YB: 2026-01-20
Pitch date: 2026-01-20
FEC.TO [bullish]
Frontera Energy Corporation
+165.01%
current return
Author Info
Company Info
Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America.
Market Cap
CAD 725.4M
Pitch Price
CAD 3.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.63
P/E
-0.74
EV/Sales
0.87
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Special Situation: A Spin-Off the Market Isn’t Pricing In (Frontera Energy, FEC:TO)
FEC.TO: Colombian E&P + infrastructure conglomerate at $316M cap spinning off infra biz (35% ODL pipeline + Bahia port). SOTP $8.71-13.00/sh vs $4.55, 91-185% upside. E&P at $15k/flowing bbl (cheapest in Colombia, deals at $25k+). Catalyst Group seeking exit; Macquarie likely buyer. Kickers: right-wing election win, higher oil. Downside protected by infra alone worth ~current cap. Bonds at 70c/7.8% alt play. 5% position.
Read full article (9 min)