Bullboard - Stock Discussion Forum Bellatrix Exploration Ltd (Canada) BXEFF

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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

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Bellatrix Exploration Ltd (Canada) > Natural Gas has gone parabolic

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Post by ERTguy on Dec 23, 2016 11:24am

Natural Gas has gone parabolic

Plus the 2 week forecast for western Canada is looking like a bitter cold early January. Just what we need for a $4+ NG price. BXE is going to be a fun one to hold come January. I'm still calling 1.50 by the end of next month. Cheers

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Comment by 1condor on Dec 26, 2016 1:24pm

ERT...agree that you will make money with BXE on natural gas climb. However, I hope you are also aware that there are much better plays in the sector than BXE.

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Comment by ERTguy on Dec 26, 2016 3:20pm

I agree that there are better companies in the NG sector indeed, however I think the upside here on the business turnaround is much more significant than most plays on the market right now. Hence why I have money parked here. Cheers

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