Bellatrix Exploration Ltd (Canada) BXEFF

Energy

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

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Bellatrix Exploration Ltd (Canada) > Low Price to Book Value

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Comment by HARJAYon Oct 19, 2019 11:33pm

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Post# 30248251

RE:RE:RE:Low Price to Book Value

Don't know anything about ER , totaly spec resource micro stock in my opinion.
. If they find soemthing then from this price might be good , IF ? its a big gamble

As for NVA to give you an idea on
May 9 BNN analyst when it was $ 3.90 had a 52 week target of $9.50
on Aug 8 again on BNN when it was $2.59 target was $7.00
on Aug 30 again oil analyst Eric Nuttal when it was $1.58 target was $5.17

Believe that the oil and gas sector will improve over the next few yrs so from this price you can get an idea of upside

also energy co's that have a nice div while you wait for the sector to improve you could look at WCP , ARX .and VET in my humble opinion.

Of course do your own DD

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