Bellatrix Exploration Ltd (Canada) BXEFF

mkt cap 39m CAD -

[twobyfour]

Producing over 36kboepd, what ridiculous valuation, if this was trading in the UK easily be valued 5 times as much.

[kavern23]

lol do you know the difference between enterprise value and market cap...add the market cap plus the debt oustanding and you get a big number.

[Eagle1]

kavern23, I agree with another poster that you spout off a lot and also note from your file that you state that you are not invested in energy stock except for a minor holding of Cardinal. Also, you have only recently started to post on this board. Speaking of answering questions, what is your objective re BXE when you have little investment interests in energy and are a recent participant here

[twobyfour]

I dont need a lecture from you kid, fact is the canadians go crazy on tax loss selling season you tend to see alot of bargains. BXE has had reasonable amount of debt, they have had decent cashflow to cover the payments and continue expanding. Whats changed since last year? Investors dont like gas stock.. Take all the company liabilities you will still get a positive figure. For god sake

[kavern23]

Eagle1 and Twobyfour...you do need the lecture as you have not said one thing postive about BXE or explained how they wil survive into 2020. Have either of you have heard of Compton Petroleum...they were another high debted ALberta NG producer that eventually sold for 33 million..... https://www.prnewswire.com/news-releases/mfc-industrial-completes-acquisition-of-100-of-compton-169437896.html

[twobyfour]

hmm, BXE produces over 3 times amount the company you mention, whats the book value of BXE? its over four times that company. BXE has market cap of only 40m. They have hedged over half their production. I think they will be releasing news this month, i await with interest.

[Samd35]

Kavern23. .you are just stuck with q3 result...after q3 USA NG price went up close to 5 dollar ...and now soaring agian that gives bxe chance to lock price for next winter as well..Bxe sell 50% gas to usa ...stop looking at the past...look at the future.....