Bellatrix article

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asked Apr 24, 2018 09:58 AM by
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For those who still follow BXE, I consider this article to be a must read.


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answered Apr 27, 2018 02:47 PM by
Jin Won Choi gravatar image Administrator

I think the article is generally fair. I'd personally use higher NGL prices than he does, because NGL prices usually follow oil. Also as one of the commenters pointed out, BXE has a large prospective acreage for Cardium oil. If the company either sells that acreage or announce a joint venture, that might alleviate the debt concern. I also think natural gas prices will rebound stronger than he thinks, because everyone has cut back on drilling. But in general, I agree this stock isn't for the faint of heart.

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Asked: Apr 24, 2018 09:58 AM

Seen: 205 times

Last updated: Apr 27 '18

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