Bellatrix Exploration Ltd (Canada) BXEFF

it's BXE's exposure to light oil (Edmonton mixed sweet)

[stockfy]

BXE made a very good deal regarding its debt but I think it has dropped lately because of the significant correction in light oil (Edmonton mixed sweet) that hit decade lows, according to this excellent article below from Seeking Alpha about WTI and Edmonton mixed sweet spreads:

SA article: WCS and Edmonton mixed sweet spreads Are Darkest Before Dawn 


BXE produces significant light oil volumes sold at Edmonton mixed sweet. However, the TOP-100 author from Seeking Alpha above explains why this is a darkest before dawn case, the WCS/Edmonton mixed sweet spread will narrow soon and Edmonton mixed sweet will rise above CAD$50 in the next months. Excellent write up. So you need to be patient.

[oakesy]

BXE is going into the pennies during tax loss season before turning around . Its almost there now and my guess first week of December could be bottom. Putting some stinker bids under a $ could get filled on a another market correction day .