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Bonavista Energy Corporation (BNP.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.04500.0000 (0.00%)
As of 4:00PM EDT. Market open.
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Previous Close0.0450
Open0.0450
Bid0.0450 x 0
Ask0.0500 x 0
Day's Range0.0450 - 0.0500
52 Week Range0.0450 - 0.6300
Volume822,399
Avg. Volume709,227
Market Cap11.909M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • The Canadian Press

    Bonavista to be delisted from exchange after completing shares-for-debt deal

    CALGARY — Bonavista Energy Corp. says it has completed a recapitalization plan that will result in a nickel-per-share payout for its shareholders and its delisting from the Toronto Stock Exchange.CEO Jason Skehar says the transaction removes crippling debt and means the oil and gas producer will be able to "pledge sustainability" in almost any commodity price environment.Bonavista announced in June an agreement with lenders that would eliminate about half of its outstanding debt but leave existing shareholders with only seven per cent of the company.The proposal, since approved by shareholders, debtholders and the courts, is designed to reduce total debt by about $483 million or 56 per cent and lower annual cash interest payments by $16 million or 43 per cent.Under the deal, existing shareholders were given the option to sell their shares to G2S2 Capital, a company controlled by director and 16 per cent shareholder George Armoyan, for five cents each.Bonavista recently reported second-quarter production of 65,300 barrels of oil per day, down two per cent from the first quarter mainly due to the voluntary curtailment of 1,150 boe/d due to volatile pricing.This report by The Canadian Press was first published Aug. 12, 2020.Companies in this story: (TSX:BNP)The Canadian Press

  • Shorn Like A Sheep: Analysts Just Shaved Their Bonavista Energy Corporation (TSE:BNP) Forecasts Dramatically
    Simply Wall St.

    Shorn Like A Sheep: Analysts Just Shaved Their Bonavista Energy Corporation (TSE:BNP) Forecasts Dramatically

    Market forces rained on the parade of Bonavista Energy Corporation (TSE:BNP) shareholders today, when the analysts...

  • What escalating U.S.-Iran tension means for Canadian energy
    Yahoo Finance Canada

    What escalating U.S.-Iran tension means for Canadian energy

    Canada’s long-suffering energy sector likely isn’t in position to take advantage if supply drops in the Middle East, analysts say.