Bonterra Energy Posts Q1 Loss as Revenue Drops 6.1% Y/Y
The Canadian oil and gas producer reported a GAAP EPS loss of C$0.40 on C$66.4M revenue amid lower production. Bonterra Energy reported a first-quarter GAAP loss of C$0.40 per share, missing expectations as revenue fell 6.1% year-over-year to C$66.4M. The decline reflects