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) > Great Assets , Book Value ?

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Post by maldwynon Dec 24, 2018 9:25pm

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Post# 29155833

Great Assets , Book Value ?

My understanding is that this company has great assets it could sell if it neeeded to service its debt and that its BV is around $13 and that it gets a decent price for a good portion of its Nat Gas. So why is the market telling us its going broke ? I think it has the ugliest stock chart I have ever seen. What gives ?

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