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) > WE MUST SEE MORE MERGE'S

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Post by ariesleaf on Aug 14, 2019 12:16pm

WE MUST SEE MORE MERGE'S

To many OIL&GAS companys in such a small market. We must see more buyouts and merge's.

Shareholder's are coming up loser's because to many company's like OBE BXE PGF plus many more are doing reverse split like 7 for one or 10 for 1 AVERAGE COST goes up so high shareholder's will never make money.

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Comment by An1588er on Aug 14, 2019 1:03pm

Yes, I agree. Anyone who has held this through the reverse split has been decimated and would likely make the choice to sell and cut their losses. However as I've mentioned, with the reverse split behind them and the recapitalization transaction, they are buying some time. Their payout ratio is still too high, however if the natural gas price improves, which the odds are likely it will, this ...more

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Bellatrix Exploration Ltd (Canada)