Frontera Energy GAAP EPS of $1.04, revenue of $232.22M

Frontera Energy press release (OTCPK:FECCF): Q4 GAAP EPS of $1.04.
Revenue of $232.22M (-2.3% Y/Y).
Operating EBITDA was $121.0 million in the fourth quarter of 2023 compared with $137.8 million in the prior quarter and $145.0 million in the fourth quarter of 2022.
Cash provided by operating activities in the fourth quarter of 2023 was $73.4 million, compared with $154.0 million in the prior quarter and $138.3 million in the fourth quarter of 2022.
Production averaged 39,267 boe/d in the fourth quarter 2023 (consisting of 23,002 bbl/d of heavy crude oil, 13,795 bbl/d of light and medium crude oil combined, 4,760 mcf/d of conventional natural gas and 1,635 boe/d of natural gas liquids) compared to 40,802 boe/d in the prior quarter and 41,806 boe/d in the fourth quarter of 2022.
Capital expenditures were approximately $82.3 million in the fourth quarter of 2023, compared with $74.1 million in the prior quarter and $134.2 million in the fourth quarter of 2022.

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