Bellatrix is a sell

BELLATRIX EXPLORATION $0.30 (Toronto symbol BXE; TSINetwork Rating: Speculative) (403-266-8670; Shares outstanding: 49.3 million; Market cap: $23.5 million; No dividends paid) is now undertaking a major recapitalization to deal with its big debt. The strategy will see its debt cut by approximately 23%, and also lowers its cash… Read More

Birchcliff is the better buy right now

BIRCHCLIFF ENERGY $4.82 (Toronto symbol BIR; TSINetwork Rating: Speculative) (403-261-6401; www.birchcliffenergy.com; Shares outstanding: 263.0 million; Market cap: $1.3 billion; Dividend yield: 2.0%) explores for, develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C. About 80% of its output is… Read More

Birchcliff has more growth ahead

BIRCHCLIFF ENERGY $4.67 (Toronto symbol BIR; TSINetwork Rating: Speculative) (403-261-6401; www.birchcliffenergy.com; Shares outstanding: 263.0 million; Market cap: $1.3 billion; Dividend yield: 2.1%) explores for, develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C. About 82% of… Read More

Bellatrix slashes its debt

BELLATRIX EXPLORATION $1.93 (Toronto symbol BXE; TSINetwork Rating: Speculative) (403-266-8670; www.bellatrixexploration.com; Shares outstanding: 49.3 million; Market cap: $95.2 million; No dividends paid) produces natural gas (75% of output) and oil (25%) in Alberta, B.C. and Saskatchewan.

In the quarter ended September 30, 2017, Bellatrix produced an… Read More

Increased exploration set to lift output

BELLATRIX EXPLORATION $3.12 (Toronto symbol BXE; TSINetwork Rating: Speculative) (403-266-8670; www.bellatrixexploration.com; Shares outstanding: 49.3 million; Market cap: $153.9 million; No dividends paid) produces natural gas (72% of output) and oil (28%) in Alberta, B.C. and Saskatchewan.
On July 6, 2017, Bellatrix consolidated its shares on a.. Read More