Yahoo Finance Frontera Energy Full Year 2023 Earnings: EPS: US$2.27 (vs US$3.16 in FY 2022)
Frontera Energy (TSE:FEC) Full Year 2023 Results
Key Financial Results
Revenue: US$1.15b (down 9.6% from FY 2022).
Net income: US$193.5m (down 33% from FY 2022).
Profit margin: 17% (down from 23% in FY 2022). The decrease in margin was driven by lower revenue.
EPS: US$2.27 (down from US$3.16 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Frontera Energy Earnings Insights
Looking ahead, revenue is expected to decline by 8.3% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Canada are expected to grow by 5.6%.
Performance of the Canadian Oil and Gas industry.
The company's shares are up 2.4% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Frontera Energy's balance sheet health.
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