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Bellatrix Exploration Ltd (Canada) BXEFF

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Comment by 1condoron Jan 26, 2018 11:37am
238 Views
Post# 27441057

RE:RE:RE:Where's the bow tie guy now?

RE:RE:RE:Where's the bow tie guy now?I agree that BXE's balance sheet is looking better. However there is just so much natural gas out there, that it is almost a disadvantage for a "Canadian" company to produce the stuff. Not sure when this will change, but likely not soon enough for many companies out there who have worse balance sheets. No doubt it is going to get uglier before it gets better. On a high note....BXE will eventually get taken out...just not sure how far the SP will get dragged down before the bid come in.
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