Employees: 578
Size Frontera Energy (FEC.TO) is a Canada Energy company (Oil & Gas Production) with a market value of $344M, the 400th largest of 420 Canada companies the cockpit tracks. Shares closed at C$6.82 on 6 Nov 2026.
Performance Over six months the shares fell 52.3%, against +1.2% for the median peer and +5.2% for the Canada market (cap-weighted) — lowest of 20 in its peer set.
Growth Revenue fell 52.1% over the last twelve months (peer median +6.2%); the operating margin is -2.5% (peer median 14.3%).
Valuation It trades at 3.0× forward earnings against a peer median of 9.2× (cheapest of 19).
Capital Return on invested capital runs 9.3 points below its cost of capital (6.5% WACC).
Credit Frontera Energy has 2 bonds outstanding ($620M), rated NR by the agencies and trading like B- at a weighted spread of 440 bp.
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$724M | C$1.40B | C$1.49B | C$1.55B | C$1.65B |
| Revenue growth | — | -6% | -4% | -6% | — |
| Gross profit | C$40.2M | C$99.9M | C$257M | C$279M | C$648M |
| EBITDA | C$203M | C$404M | C$544M | C$629M | C$830M |
| Net income | -C$867M | -C$1.48B | -C$33.1M | C$261M | C$373M |
| Free cash flow | C$284M | C$243M | C$204M | C$167M | C$411M |
| Capital expenditure | C$148M | C$295M | C$443M | C$589M | C$541M |
| Total debt | C$242M | C$677M | C$728M | C$708M | C$693M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | FEC.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.9% | -10.5% | 3rd lowest of 21 |
| 6-month return | -52.3% | +1.2% | lowest of 20 |
| Distance from 52-week high | -59.3% | -25.2% | 2nd lowest of 21 |
| Revenue growth (TTM) | -52.1% | +6.2% | lowest of 21 |
| Operating margin | -2.5% | 14.3% | 4th lowest of 21 |
| Forward P/E | 3.0× | 9.2× | cheapest of 19 |
| ROIC minus cost of capital | -9.3 pp | +0.8 pp | 3rd lowest of 19 |
| EV / EBITDA | 3.1× | 3.7× | 7th cheapest of 18 |
| Net debt / EBITDA | 0.8× | 1.0× | 8th least indebted of 19 |
| Bond spread | 440 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Frontera Energy FEC.TO | Canada | $344M | -52% | -52% | -3% | 3.0× | n/a | n/a |
| PetroTal TAL.TO | Canada | $335M | -7% | -27% | 23% | 5.1× | -17.3% | +37.6% |
| Gas Plus GSP.MI | Italy | $335M | +17% | +10% | 23% | 10.7× | -14.0% | +19.6% |
| Gran Tierra Energy GTE.TO | Canada | $333M | +11% | +7% | 4% | 309.2× | -0.6% | +22.0% |
| Amplitude Energy AEL.AX | Australia | $368M | +8% | +7% | -10% | 8.8× | -19.1% | +16.8% |
| Shamaran Petroleum SNM.OL | Norway | $381M | n/a | -5% | 45% | 7.4× | n/a | n/a |
| Prabha Energy PRABHA.NS | India | $307M | +23% | +61% | -5% | n/a | n/a | n/a |
| Capricorn Energy CNE.L | United Kingdom | $397M | +29% | +34% | 42% | 21.4× | -19.1% | +218.6% |
| Core Laboratories CLB | United States | $405M | -33% | 0% | 7% | 13.8× | 11.0% | +1.6% |
| Cavvy Energy CVVY.TO | Canada | $413M | +29% | +43% | 4% | 8.1× | 11.0% | -3.3% |
| SandRidge Energy SD | United States | $463M | -13% | +30% | 42% | 5.9× | -12.8% | +7.0% |
| W&T Offshore WTI | United States | $479M | -17% | +20% | 5% | 498.4× | 3.9% | +7.7% |
| Gulf Keystone Petroleum GKP.L | United Kingdom | $557M | +1% | +6% | 8% | 9.5× | n/a | n/a |
| VAALCO Energy EGY | United States | $566M | -4% | -25% | 9% | 18.9× | n/a | n/a |
| GeoPark GPRK | United States | $613M | +1% | -5% | 24% | 9.8× | n/a | n/a |
| Vitesse Energy VTS | United States | $623M | -17% | +11% | 12% | 42.9× | 13.4% | +21.5% |
| Obsidian Energy OBE.TO | Canada | $653M | -21% | -22% | 22% | 4.1× | n/a | n/a |
| EnQuest ENQ.L | United Kingdom | $671M | +40% | +3% | 17% | 8.9× | -9.1% | +3.8% |
| Granite Ridge Resources GRNT | United States | $698M | +6% | +15% | 21% | 5.3× | n/a | n/a |
| Tong Petrotech 300164.SZ | China | $705M | -41% | -12% | -5% | n/a | n/a | n/a |
| Surge Energy SGY.TO | Canada | $730M | +7% | +3% | 27% | 6.1× | -6.3% | +20.2% |
Frontera Energy has 2 bonds outstanding with $620M face value. The agencies rate it NR; its bonds trade like B-. Weighted yield 8.84%, a spread of 440 bp over government bonds.