BXE are you still holding

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asked Feb 01, 2018 02:44 PM by
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updated Feb 02, 2018 09:46 AM by
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Hi Jin,

I was wondering if you are still holding Bellatrix.

Share price seem to be dropping to 0 ...

I know that you discussed this during your last article but was wondering with this big drop if you changed your decision


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Yes, I'm still holding. I never sell just because share prices decline.

Jin Choi ( Feb 05, 2018 08:32 AM )edit

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answered Feb 27, 2018 04:15 PM by
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It's good to understand why stock prices have declined. Basically, Canadian NatGas companies (including BXE) can't get gas out of Alberta for what looks like all of 2018 and 2019 thanks to Transcanada's bottleneck. As a result, AECO pricing is terrible. Investors are probably going to have to wait until 2020 for any chance of a return to normal AECO pricing. Still, stock prices for Cdn Nat Gas companies are low and may offer good long term returns to those who have 5 years+ horizons.

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Asked: Feb 01, 2018 02:44 PM

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Last updated: Feb 27 '18

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