Bonterra Energy (BNE) AI Stock Analysis

Bonterra Energy

(TSX:BNE)

Select Model

Rating:52Neutral

Price Target:CAD 7.00▲(4.63% Upside)

Action:reiterated

Date:08/17/26

The score is held up by a reasonably strong balance sheet and healthy operating cash flow, but recent earnings weakness, negative free cash flow, and weak valuation cap the result. Technical signals are mixed and do not provide a strong catalyst.

Positive Factors

Revenue and operating recoveryRevenue growth alongside a return to positive operating margin indicates improving underlying performance rather than contraction. If maintained, stronger operating economics can support reinvestment, improve resilience, and help the company benefit from continued development of its producing asset base.

Negative Factors

Persistent net lossesBonterra is not currently converting its asset base into positive bottom-line returns, despite improved operating profitability. Continued net losses can constrain internally funded growth, weaken returns on invested capital, and leave earnings more dependent on commodity and operating conditions improving.

Bonterra Energy (BNE) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 180.70M
Dividend Yield: ―
Average Volume (3M): 72.37K
Price to Earnings (P/E): -120.4
Beta (1Y): 0.04
Revenue Growth: 2.67%
EPS Growth: 68.98%
Country: Canada
Employees: 43
Sector: Energy
Sector Strength: 65
Industry: Oil & Gas Exploration & Production

Bonterra Energy Business Overview & Revenue Model

Company Description

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal asset is the Pembina Cardium, a conventional oil field at the Pembina and Willesden green fields loca...

Bonterra Energy Financial Statement Overview

Summary

Financials are mixed: the balance sheet is solid with leverage down and equity well above debt, and operating cash flow remains healthy. However, recent profitability weakened to a small net loss, ROE turned negative, and free cash flow is now negative, which limits the score.

Income Statement

52Neutral

Balance Sheet

68Positive

Cash Flow

58Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	248.41M	216.37M	279.96M	273.11M	384.20M	251.62M
Gross Profit	52.33M	16.31M	53.30M	95.80M	145.79M	78.41M
EBITDA	103.98M	98.08M	137.53M	178.29M	217.17M	336.66M
Net Income	-2.14M	-17.13M	10.20M	44.94M	79.02M	179.30M
Balance Sheet
Total Assets	982.61M	959.43M	975.04M	967.87M	919.68M	945.72M
Cash, Cash Equivalents and Short-Term Investments	0	0	0	1.63M	2.03M	188.00K
Total Debt	170.75M	176.44M	156.83M	139.43M	157.45M	257.57M
Total Liabilities	454.81M	437.40M	434.40M	439.61M	439.84M	553.70M
Stockholders Equity	527.79M	522.03M	540.64M	528.26M	479.84M	392.02M
Cash Flow
Free Cash Flow	-20.92M	6.88M	-8.52M	14.14M	106.35M	30.44M
Operating Cash Flow	86.46M	89.80M	114.95M	140.62M	183.55M	96.10M
Investing Cash Flow	-87.16M	-86.04M	-127.39M	-118.25M	-85.51M	-67.75M
Financing Cash Flow	701.00K	-3.76M	12.44M	-22.38M	-98.04M	-28.36M

Bonterra Energy Technical Analysis

Technical Analysis SentimentPositive

Last Price6.69

Price Trends

50DMA6.23Positive

100DMA5.96Positive

200DMA6.01Positive

Market Momentum

MACD0.22Negative

RSI66.10Neutral

STOCH75.57Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BNE, the sentiment is Positive. The current price of 6.69 is above the 20-day moving average (MA) of 6.52, above the 50-day MA of 6.23, and above the 200-day MA of 6.01, indicating a bullish trend. The MACD of 0.22 indicates Negative momentum. The RSI at 66.10 is Neutral, neither overbought nor oversold. The STOCH value of 75.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BNE.

Bonterra Energy Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

TSE:BNE against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSE:KEI	76Outperform	CAD 360.73M	13.21	9.33%	―	23.27%	-0.84%
TSE:HME	75Outperform	CAD 217.72M	6.82	38.81%	6.93%	1.90%	4.58%
TSE:TPL	66Neutral	CAD 129.21M	11.66	23.08%	―	86.37%	―
Sector *	65Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
TSE:BNE	52Neutral	CAD 252.84M	-120.45	-0.41%	―	2.67%	68.98%
TSE:ORC.B	49Neutral	CAD 40.52M	-0.90	-28.96%	318.40%	-23.27%	-777.54%
TSE:SEI	45Neutral	CAD 201.29M	-11.01	-21.26%	―	―	―

* Energy Sector Average

Performance Comparison

TSE:BNE and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:BNE	Bonterra Energy	7.01	3.44	96.36%
TSE:KEI	Kolibri Global Energy Inc.	10.07	4.17	70.68%
TSE:HME	Hemisphere Energy	2.31	0.36	18.58%
TSE:SEI	Sintana Energy	0.36	-0.16	-30.77%
TSE:ORC.B	Orca Exploration Group Class B	0.80	0.12	17.47%
TSE:TPL	Tethys Petroleum	1.13	0.00	0.45%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 17, 2026

Bonterra Energy AI Stock Analysis