Post by
Druchii on Dec 10, 2018 12:23pm
Nat gas up huge >> BXE’s cash flow higher?
Not sure what accounts for the disconnect between natural gas prices which are substantially higher and BXE’s share price which is substantially lower. Given the rise in nat gas prices, I expect BXE’s cash flow will be much higher. Is that not true?
Comment by
Eagle1 on Dec 10, 2018 12:39pm
I, too, would think so. The disturbing reality is that there is almost no Insider buying in this stock according to MarketBeat. It seems to belie their own upbeat announcements. Leaves me wondering...
Comment by
canne on Dec 11, 2018 12:39pm
This is an industry wide phenomenon - we are going to look at these days as the greatest collapse in energy shares in memory. Look at ARC. ARC is a substantial company living well within its cash flow and debt parameters paying a sustainable dividend and is down 40% from the summer highs - this is panic selling or worse-manipulation by Wall St crooks making money from other's misery.
Comment by
Druchii on Dec 12, 2018 12:00am
Will BXE cash flow be substantially higher this quarter over the last given the dramatic rise in nat gas price?
Comment by
1condor on Dec 14, 2018 5:26pm
canne...You are correct when you say that this is the greatest collapse in energy shares in memory. Just think about the opportunity that is being presented at this time! Opportunities like this don't come along often and if played right can make you a fortune.