Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

GREY:BXEFF - Post Discussion

Bellatrix Exploration Ltd (Canada) > Worse case Scenerio
View:
Post by xcountryskier on Aug 12, 2016 11:48am

Worse case Scenerio

Management doing its best to reduce debt but the negative environment and energy market is not co-operating. Worse case scenerio could se the SP drop to the .60 cent range especially if NG remains bearish along with WTI.

Re-grouping at this point is essential. The next report should "tell the tail". Short interest still remains a factor. WAIT.......
Comment by oilbuzzard on Aug 12, 2016 12:34pm
Why should it drop to .60. Its already trading at pennies on the dollar. If it does drop down it will be taken out at a 30% premium and all current shareholders will be stuck holding the bag. There is no reason this stock should be trading at its current market cap. What a joke. No one should be consolidating at this level. All the weak hands need to get out of this stock NOW. And everyone else ...more  
Comment by yahearme on Aug 12, 2016 2:54pm
With such debt they may have to sell more assets and another offering further diluting the shares. Then I can see where it pulls back to those levels.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities