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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

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Post by rotten59 on Jan 05, 2017 2:41pm

The weather

1condor no offence but if you are as accurate at predicting gas prices as the weather man is predicting the weather your going to be out in the cold before spring !!
Comment by 1condor on Jan 05, 2017 5:10pm
rotten59..odds are that the cold snaps will be short lived this winter...resulting in an overall warmer than average winter season. Also, I don't and never have forecast NG prices on this board.
Comment by borne2run on Jan 05, 2017 7:58pm
condor wrote Really? And just where did you find those odds? Since November, all the weather models have been predicting a colder than normal winter in North America. There is even a derivative bet where traders can play the over / under for the end of season storage. The over / under is currently almost 1 TCF lower than 2016's ending inventory. The structural set-up for natural gas prices ...more  
Comment by 1condor on Jan 06, 2017 6:27pm
Bornetorub..Lets just say when it comes to weather I have lots of experience. I will spare you the details but I think you can figure it out. You can follow "your experts" but I see a different pattern developing which will take hold for the remainder of the season. It will be a moderately cold winter season at the worst and certainly not a deep cold winter. In other words any cold snaps ...more  
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