FRONTERA ENERGY CORP.

Frontera Energy reported Q2 2026 earnings per share of $0.4304 on revenue of $31.26 million. Adjusted EBITDA rose to $30.5 million (+18% year‑on‑year) and operating cash flow turned positive at $26 million, while net debt fell to $114.2 million and the net debt/adjusted EBITDA ratio declined to 0.98x. The company positions itself as an infrastructure platform focused on Puerto Bahia, is advancing the LNG regasification project with Ecopetrol (first deliveries planned for early 2027) and secured FSRU capacity from Excelerate as well as credit facilities of $30 million and a letter of credit of $12.6 million. Improved cash generation and lower debt are intended to provide room for growth; no formal profit guidance was given. » Mais em de.investing.com

Frontera has signed a binding agreement to sell its Colombian upstream business to Parex in a deal worth about $750m. Consideration includes up to $525m in shares, $500m cash at closing plus a $25m contingent payment; Parex will also assume $310m of senior notes and an $80m Chevron prepayment facility. After closing, Frontera plans a distribution of roughly $470m to shareholders, will retain about $50m for growth and will focus going forward on its infrastructure business. Closing is expected in Q2 2026 and is subject to shareholder and regulatory approvals. » Mais em de.investing.com

Parex Resources has agreed to acquire Frontera’s exploration and production assets in Colombia for $500 million in cash plus assumption of $225 million in net liabilities and a $25 million contingent payment. The deal covers 17 blocks totaling over 1.1 million acres, current production of about 37,000 barrels of oil equivalent per day, and proven reserves of 99 million barrels (P) and 147 million barrels (P+P). Parex will fund the purchase from cash and credit lines, assume additional liabilities, and expects pro forma production of 80,000–88,000 barrels per day and annual cost synergies of $20–50 million. Closing is expected in Q2 2026; Parex plans to maintain its quarterly dividend and targets a pro forma net leverage ratio of around 0.8 after closing. » Mais em de.investing.com

Frontera Energy reported a net income of $28.2 million and EPS of $0.38 for Q3 2025, beating market expectations. Revenue was $187.92 million and operating EBITDA rose to $86.6 million; the stock gained 3.53% in after-hours trading. The company announced cost-cutting measures, a planned spin-off of its infrastructure business in H1 2026, and a new LPG project expected to add $10–15 million in annual EBITDA. » Mais em de.investing.com

Frontera Energy posted a net loss of $455.2 million in the second quarter of 2025, mainly due to non‑cash impairments, while production rose to 41,055 barrels per day and production costs fell 10.3% to $9.1 per barrel. Operating EBITDA was $36.1 million, the company held $197.5 million in cash and announced production and EBITDA targets as well as capex plans for 2025. The stock fell 4.25% in after‑hours trading; management emphasized a focus on core assets in Colombia and on stakeholder value. » Mais em de.investing.com