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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) > National Bank maintains Hold rating and 75 cents target
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Comment by Chris007on Oct 03, 2019 7:09pm
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Post# 30194285

RE:National Bank maintains Hold rating and 75 cents target

RE:National Bank maintains Hold rating and 75 cents target
Hendrick3 wrote: What are they smoking at National Bank? These revised ratings came out today. Are they suggesting there is enough to go around such that there is a premium? Does anyone else have that perspective? I guess that equates to about 6 cents pre split. 


Maybe it has something to do with National Bank being the companys Investment bankers (looking back at old new releases, NA and BXE seem to have a pretty long history). 

it would be highly unusual and unlikely that an investment bank would shite on long term clients and kick them while they’re down...

They also are/were a part of a consortia of lenders to BXE
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