TSE:BXE

Bellatrix Exploration Ltd. (BXE.TO)

0.38
-0.00 (0.00%)
as of Nov 8, 2019, 9:00:00 pm Market Open.
66 watching
0
TOP PICK

Has a debt load higher than he likes but they don’t have to worry about paying anything until May 2013. In the past 12 months, they hit 24 of 24 wells that they own or participate in. Just spent $21 million to buy more land. Likes the management, which has changed in the past 2 years.

BUY

Likes management. Generally make money, although they have too much debt. New management has turned the company around. When they look for oil or gas they seem to hit a lot of the good holes.

WAIT

Has taken a beating because of natural gas prices. Debt just went up quite a bit recently which he doesn’t like. If natural gas prices stay where they are or go down before the end of the year, he can see some tax loss selling again. You might be a while to get this one under $3.

HOLD
Had been holding up better than most. Wrong market cap and wrong product but their debt to cash flow is less than 1 times so it’s a company that will make it through this commodity environment.
TOP PICK
Non dividend-paying company. Balanced between Nat Gas and oil. Good chunk (43%) of production is hedged. Good way to play a recovery in both oil and gas prices. Balance sheet in great shape. A good mix of defensive characteristics.
TOP PICK
Nice recovery, and looking like another rally coming. $4.90 stop level. $6 is the up side.
HOLD
Reporting good numbers. Seem to be in a turnaround mode. Management has done a great job. What is killing them is the price of natural gas. Currently at 10 year lows. He is happy holding it at this level.
HOLD
Considering selling and going into something riskier where there would be a takeover. Good idea? Not cheap enough for him to buy but not expensive enough for him to sell. Have had good results in both the Cardium and Nikinason (?).
BUY
A producer and developer in the Cardium. Done very well and think it's going to be a takeout candidate.
BUY
Very well run. About 60% gas weighted. Have been able to grow to about 13,000 barrels a day now and are expected to exit at 15,000 a day. One of the few companies that have made or exceeded their targets in the past. Reasonably valued at just under 5X EBITDA.
HOLD
Quite content to hold this one. Seem to be moving in the right direction. Management that came in a few years ago seems to know what they are doing. A nice play on the natural gas sector. At some point, natural gas will move up.
TOP PICK
Junior producer in western Canada. About 60% gas and 40% oil and are increasing their oil weight. Increased guidance from 13,000 to 15,000 a day. Good management. High growth company.
BUY
Producing pretty good results so will torque to $5.50 back to $6 or in that range. Has some nice Cardium land. Possible takeover candidate.
PAST TOP PICK
(Top Pick Mar 3/10, Up 36.69%) It’s a broken trust. More weighted to oil than natural gas. When it was a trust, it was starved for capital, but that isn’t the case any more.
PAST TOP PICK
(A Top Pick Feb 8.10. Up 27.78%.) Still likes.
Showing 121 to 135 of 267 entries