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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 Oct 22, 2019 11:13am
200 Views
Post# 30254783

Election results impact on BXE ??

Election results impact on BXE ??Will the  results of the election have any bearing on BXE ? analysts being interviewed this A.M. on BNN are saying that co's will either keep cap x  level or reduce and keep on buying back stock in their  own co's as the feel that they are severly undervalued ,   also we will see  increased M  & A activity as the stronger co's accumulate the weaker ones and incorporate their assets into their own holdings. Does this bode for BXE being acquired at possibly a better valuation notwithstanding the debt level becuse of their good assets than might be in just a fire sale of the co.

Would appreciate  thoughts on these questions or where other peope feel this may go. ?


Thanks !!!
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