Bellatrix Exploration Ltd.

BXE-T

Analysis and Opinions about BXE-T

Signal
Opinion
Expert
COMMENT
COMMENT
May 20, 2020

Debt concerns? BXE took bankruptcy protection when debt became too much. There is no equity value in it any longer. Companies that have debt that matures in 2020 or 2021 will have issues. He sees no issues with BIR or TVE on this topic. The new Federal relief program for large companies may be difficult for companies to accept as it has provisions for up to 15% of ownership being made available in warrants to the government.

Show full opinionHide full opinion

Debt concerns? BXE took bankruptcy protection when debt became too much. There is no equity value in it any longer. Companies that have debt that matures in 2020 or 2021 will have issues. He sees no issues with BIR or TVE on this topic. The new Federal relief program for large companies may be difficult for companies to accept as it has provisions for up to 15% of ownership being made available in warrants to the government.

DON'T BUY
DON'T BUY
September 25, 2019

They are more levered towards natural gas. It all comes down to being able to live with the volatility. Anything related to Montney natural gas is betting on LNG, which may not come quickly enough. He would stay away.

Show full opinionHide full opinion

They are more levered towards natural gas. It all comes down to being able to live with the volatility. Anything related to Montney natural gas is betting on LNG, which may not come quickly enough. He would stay away.

SPECULATIVE BUY
SPECULATIVE BUY
July 25, 2019
Stock is very cheap, but people are nervous about the debt. Production is robust, and Q2 should also be decent. It's now a small cap, and has been disowned by the market. Could be a $10 stock again with consistent $3 gas prices.
Show full opinionHide full opinion
Stock is very cheap, but people are nervous about the debt. Production is robust, and Q2 should also be decent. It's now a small cap, and has been disowned by the market. Could be a $10 stock again with consistent $3 gas prices.
PAST TOP PICK
PAST TOP PICK
June 20, 2019
(A Top Pick Jun 18/18, Down 94%) The whole thing about low energy prices and the debt restructuring meant the stock got beat up. He will be adding to this position. People need to see that they can service the debt and then see the price of nat. gas firm up.
Show full opinionHide full opinion
(A Top Pick Jun 18/18, Down 94%) The whole thing about low energy prices and the debt restructuring meant the stock got beat up. He will be adding to this position. People need to see that they can service the debt and then see the price of nat. gas firm up.
COMMENT
COMMENT
May 24, 2019
BNP and BXE Both are carrying high levels of debt. BNP-T has been paying down debt and will try to keep production flat. He intends to buy more of both. BXE-T will be doing a 12:1 reverse split on the shares sometime in June.
Show full opinionHide full opinion
BNP and BXE Both are carrying high levels of debt. BNP-T has been paying down debt and will try to keep production flat. He intends to buy more of both. BXE-T will be doing a 12:1 reverse split on the shares sometime in June.
PAST TOP PICK
PAST TOP PICK
April 18, 2019
(A Top Pick Apr 03/18, Down 80%) Problem is trying to renegotiate the debt due in the next year or two. So it had to do a restructuring and massive dilution of shares. Still generating cash flow. Sees upside. Could be a $1 stock a year from now. He's going to be adding. Likes management.
Show full opinionHide full opinion
(A Top Pick Apr 03/18, Down 80%) Problem is trying to renegotiate the debt due in the next year or two. So it had to do a restructuring and massive dilution of shares. Still generating cash flow. Sees upside. Could be a $1 stock a year from now. He's going to be adding. Likes management.
WATCH
WATCH
March 28, 2019
Unbelievable numbers. Maturities of debt in 2021. 2018 cash flow was a $1.05 due to hedges. They have always done well with debtors. The stock is ridiculously cheap. He is comfortable with it and at this price it is a bargain. The market is nervous regarding the extension of the debt.
Show full opinionHide full opinion
Unbelievable numbers. Maturities of debt in 2021. 2018 cash flow was a $1.05 due to hedges. They have always done well with debtors. The stock is ridiculously cheap. He is comfortable with it and at this price it is a bargain. The market is nervous regarding the extension of the debt.
DON'T BUY
DON'T BUY
March 8, 2019
Their debt is too high and lack the financial flexibility that others have. He sees other opportunities that do not have this balance sheet issue.
Show full opinionHide full opinion
Their debt is too high and lack the financial flexibility that others have. He sees other opportunities that do not have this balance sheet issue.
PAST TOP PICK
PAST TOP PICK
February 28, 2019
(A Top Pick Feb 12/18, Down 57%) Under one times cash flow. People are worried about their debt, but he does not see a problem. He likes the company. It is a gift. He bought more.
Show full opinionHide full opinion
(A Top Pick Feb 12/18, Down 57%) Under one times cash flow. People are worried about their debt, but he does not see a problem. He likes the company. It is a gift. He bought more.
DON'T BUY
DON'T BUY
January 25, 2019
He thinks their financial flexibility is so constrained that he sees better choices out there. Why would he take on that added risk?
Show full opinionHide full opinion
He thinks their financial flexibility is so constrained that he sees better choices out there. Why would he take on that added risk?
PAST TOP PICK
PAST TOP PICK
January 24, 2019
(A Top Pick Jan 15/18, Down 76%) Every 10 cents adds one point five million bucks. The market is worried about the balance sheet but it is very low in valuation. When these stocks take off, they really take off.
Show full opinionHide full opinion
(A Top Pick Jan 15/18, Down 76%) Every 10 cents adds one point five million bucks. The market is worried about the balance sheet but it is very low in valuation. When these stocks take off, they really take off.
TOP PICK
TOP PICK
January 24, 2019
They are going to do well in 2019. It is trading at half of one times cash flow. If we get positive swings they could do terribly well. They are working with debtors to extend terms. He thinks they will have success and the stock is a giveaway. He is looking for a 10 bagger in five years. (Analysts’ price target is $0.66)
Show full opinionHide full opinion
They are going to do well in 2019. It is trading at half of one times cash flow. If we get positive swings they could do terribly well. They are working with debtors to extend terms. He thinks they will have success and the stock is a giveaway. He is looking for a 10 bagger in five years. (Analysts’ price target is $0.66)
PAST TOP PICK
PAST TOP PICK
December 17, 2018
(A Top Pick Dec 18/17, Down 63%) All the natural gas stocks have been suffering. All of these companies have debt loads and suffer at these prices. But storage is coming down rapidly. The next cold spell will drive gas prices up. Be bought stock last week. A year from now all three of these names should look really good. They have positive cash flow because they have firm hedges.
Show full opinionHide full opinion
(A Top Pick Dec 18/17, Down 63%) All the natural gas stocks have been suffering. All of these companies have debt loads and suffer at these prices. But storage is coming down rapidly. The next cold spell will drive gas prices up. Be bought stock last week. A year from now all three of these names should look really good. They have positive cash flow because they have firm hedges.
DON'T BUY
DON'T BUY
November 27, 2018
He's been short this. The balance sheet is very impaired. It needs to reorganize. The assets themselves are fine, but they went on a buying spree and now carry a lot of debt. This has lagged its peers in recent years. A bankruptcy is possible.
Show full opinionHide full opinion
He's been short this. The balance sheet is very impaired. It needs to reorganize. The assets themselves are fine, but they went on a buying spree and now carry a lot of debt. This has lagged its peers in recent years. A bankruptcy is possible.
PAST TOP PICK
PAST TOP PICK
November 19, 2018
(A Top Pick Nov 09/17, Down 66%) This is a very cheap stock. This company has the ability to ramp up production significantly. They are NOT going under. The book value is about $11. He keeps on adding to the position. It will be double digit within 3 years.
Show full opinionHide full opinion
(A Top Pick Nov 09/17, Down 66%) This is a very cheap stock. This company has the ability to ramp up production significantly. They are NOT going under. The book value is about $11. He keeps on adding to the position. It will be double digit within 3 years.
Showing 1 to 15 of 267 entries

Bellatrix Exploration Ltd.(BXE-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Bellatrix Exploration Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Bellatrix Exploration Ltd.(BXE-T) Frequently Asked Questions

What is Bellatrix Exploration Ltd. stock symbol?

Bellatrix Exploration Ltd. is a Canadian stock, trading under the symbol BXE-T on the Toronto Stock Exchange (BXE-CT). It is usually referred to as TSX:BXE or BXE-T

Is Bellatrix Exploration Ltd. a buy or a sell?

In the last year, 2 stock analysts published opinions about BXE-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Bellatrix Exploration Ltd..

Is Bellatrix Exploration Ltd. a good investment or a top pick?

Bellatrix Exploration Ltd. was recommended as a Top Pick by Josef Schachter on 2020-05-20. Read the latest stock experts ratings for Bellatrix Exploration Ltd..

Why is Bellatrix Exploration Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Bellatrix Exploration Ltd. worth watching?

2 stock analysts on Stockchase covered Bellatrix Exploration Ltd. In the last year. It is a trending stock that is worth watching.

What is Bellatrix Exploration Ltd. stock price?

On 2019-11-08, Bellatrix Exploration Ltd. (BXE-T) stock closed at a price of $0.38.