Brief: Frontera Says Qtrly EPS $0.14

Frontera Energy

10/08/2022 03:32

Aug 9 (Reuters) - Frontera Energy Corp  FEC.TO :
    * FRONTERA ANNOUNCES SECOND QUARTER 2022 RESULTS
    * UPDATED 2022 CAPITAL AND PRODUCTION GUIDANCE
    * QTRLY EPS $0.14
    * SEES 2022 EBITDA OF $575-$625 MILLION AT $90/BBL BRENT
    * QTRLY PRODUCTION AVERAGED 41,586 BOE/D, UP 1% COMPARED TO
41,100
BOE/D IN PRIOR QUARTER AND 35,682 BOE/D IN Q2 OF 2021
    * QTRLY NET SALES OF$277MLN VERSUS $173 MILLION
    * SEES FY 2022 CAPITAL EXPENDITURES GUIDANCE OF $435-$495
MILLION
    * FORECAST 2022 EBITDA OF $575-$625 MILLION AT $90/BBL
BRENT,
$675-$700 MILLION AT $100/BBL BRENT

Source text for Eikon:  ID:nCNWsk3YJa 
Further company coverage:  FEC.TO 

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