Frontera Energy Corporation

FEC.TO

Oil & Gas Exploration & Production · Energy

Price

C$8.50

-0.39 (-4.39%)

Market Cap

C$592.3M

Exchange

Toronto Stock Exchange

Winston Score

Winston is worried

Below-average fundamentals — multiple weak pillars.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Weak

Growth

Weak

Cash Flow

Mixed

Stability

Mixed

Valuation

Data not available

Dividends

Strong

Track this stock — start free trial

Share count falling — buybacks

−25.8% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 99.9M (2021) → 74.1M (2025)

Winston Score History

The full picture

Frontera Energy Corporation is a Canadian-listed oil and gas company that finds, drills, and produces crude oil and natural gas. Its main operations are in Colombia, with smaller projects in Ecuador and Guyana. The company sells crude oil to refiners and traders, making it dependent on global oil prices and regional pipeline access.

Frontera earns money by selling the oil and gas it produces, so its revenue rises and falls with commodity prices. It operates mostly in Latin America and has a market cap of around $1.1 billion, which makes it a mid-sized independent producer in a region with real political and security risks. The company's thin gross margin and deeply negative operating margin signal that costs are high relative to what it earns right now, and the key risk going forward is whether it can control production costs and navigate Colombia's evolving energy policy, which has included government discussions about limiting new oil exploration contracts.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-94.1% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+106.8% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (1%)

Research and development spending

Insider Activity

49.7%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$96M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Frontera Energy Corporation's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

24.4%

Thin — 24.4% gross margin

Profit after running costs

Operating Margin

8.1%

Modest — 8.1% operating margin

Return on the money invested

ROCE

-3.2%

Weak — -3.2% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

-51.7%

Shrinking sales (-51.7% YoY)

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

3/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

Data not available

Spare cash per sale

FCF Margin

43.8%

Converts sales into free cash efficiently (43.8%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.66

Moderate — manageable debt (0.66)

Covers its interest

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

2.94%

Moderate income — 2.94% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record

Dividend Growth

+3311.0%

Dividend growing fast (3311.0% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial