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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

Bellatrix Exploration Ltd (Canada) > One of the cheapest Nat Gas names out there?
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Post by JOHNNYBOYO1 on Jun 15, 2018 1:23pm

One of the cheapest Nat Gas names out there?

This is ridiculously below book. Nat gas up nicely in the last few weeks.

I think we've hit a bottom
Comment by Snowhouse on Jun 15, 2018 3:19pm
I have bought this one so many times thinking the same. but always wrong and ended up holding a huge position here now. Not selling though. Can wait for next 2 quarters. Either will make money or lose my shorts as well. Ha You are right though.. very attractive metrics. p/b < 0.1 (Whaaat)
Comment by XTCXTC on Jun 16, 2018 2:40am
That's what a lot of people thought and look at it now. Bookvalue can be written down easily. This was $15 now its $13. Not a good plan to buy based on bookvalue.
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