GREY:BXEFF - Post by User
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perdikaoilgason May 26, 2018 10:12am
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Post# 28084148
BXE's high debt VS energy plays with healthy balance sheets
BXE's high debt VS energy plays with healthy balance sheetsCheck this comprehensive article from Seeking Alpha below about Razor Energy (RZE) because it includes all the key metrics for the recent deals in Canada and many other key details about the Canadian energy sector: SA article: RZE is unknown, profitable and at deep discount to NAV and Peers RZE has much lower leverage than BXE and RZE's insiders own 30%, so they are fully aligned with shareholders. I avoid the highly leveraged plays like BXE. Most of the highly leveraged ompanies file for bankruptcy or underperform. Numerous examples over the last 2-3 years. CRC is just the exception to this rule and has survived. jmho.