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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) > Someone wants out at $1.55
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Comment by backfortyon May 31, 2018 11:23am
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Post# 28105490

RE:Someone wants out at $1.55

RE:Someone wants out at $1.55Who wouldn't want out of this pig?  I sold earlier this year at a big loss after holding for many years.  The tax value of the capital loss loss carryforward was worth more than I'd ever see from this one!  So far that seems to be the right decision.  This one gains a little and then always loses more.  They can drill all the "top wells" they want but they are saddled with too much debt. 
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