Added to YB: 2025-03-26
Pitch date: 2025-03-24
FEC.TO [bullish]
Frontera Energy Corporation
-8.28%
current return
Author Info
Triple S is a professional special situations investor who shares ideas in their newsletter. Sign up for the newsletter.
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 322.4M
Pitch Price
CAD 6.64
Price Target
20.40 (+235%)
Dividend
4.36%
EV/EBITDA
1.54
P/E
28.94
EV/Sales
0.60
Sector
Oil, Gas and Consumable Fuels
Category
value
Frontera Energy: High-Yield Value Play Despite South American Shenanigans
FEC.TO: 19% yield, $424M EBITDA, 1.17x debt/EBITDA. 100Mboe 1P reserves ($2.26B NPV10), 151Mboe 2P ($3.39B NPV10). $377M market cap vs $942M PDP NPV10. Undervalued infra assets (96% Puerto Bahía, 35% pipeline). Guyana asset loss risk. Catalyst Capital control controversy. Upside from infra sale & potential upstream merger.
Read full article (5 min)