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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


GREY:BXEFF - Post by User

Bellatrix Exploration Ltd (Canada)
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Comment by defuncton Apr 12, 2011 8:19am
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Post# 18417749

RE: RE: RE: IMF hikes oil price....defunct....

RE: RE: RE: IMF hikes oil price....defunct....It's nothing against you. I am greatful for the info. My point is although high oil prices would ultimately be a good thing for the bottom line of BXE. a recession brought on due to higher oil prices would mean our beloved stock will fall no matter what improvements are made to our profitability. I full y expect our stock to go lower if the price of oil goes back to $90, it will get oversold as per usual and I will buy more as $90 oil is much better for our economy than $109 oil.
Bullboard Posts
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