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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

Post by HARJAYon Mar 15, 2018 3:54pm
234 Views
Post# 27722969

Insight

InsightCan anyone tell me what is diffrent  with the co. materially from a few weeks back when BXE was in the $1.65 - $1.70 range that would cause it to drop like this. The financials  ( debt )  were lnown i would gather  so that wasn't a suprprise either   price of oll  is still above $60  , gas is up a bit , mkts in general have been trending higher.

The only thing is that the sector has and contnues to have  a negative sentiment swirling aaround it but would that affect the  S / P  that much or is there other things at work that are unknown that are driving the price down.

Anybody know whats going on behind the scenes if anything  that the general public aren't aware of.



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