Bellatrix Exploration
BELLATRIX EXPLORATION (Toronto symbol BXE;www.bellatrixexploration.com) produces oil and natural gas in Alberta, B.C. and Saskatchewan. Gas makes up about 69% of its output; the remaining 31% is oil.
In the three months ended December 31, 2012, Bellatrix’s production rose 32.1%, to 18,763 barrels of oil equivalent per day (including natural gas) from 14,209 barrels. Cash flow per share rose 7.1%, to …read more »
BIRCHCLIFF ENERGY $7.52 (Toronto symbol BIR; TSINetwork Rating: Speculative) (403-261-6401; www.birchcliffenergy.com; Units outstanding: 141.6 million; Market cap: $1.1 billion; No dividends paid) develops, produces and explores for oil and natural gas, mainly in the Peace River Arch area near the Alberta/B.C. border. About 75% of Birchcliff’s production is natural gas. The remaining 25% is oil. In the three months ended …read more »
Natural gas prices recently dropped below $2 U.S. per thousand cubic feet, their lowest level in 10 years. That’s because new shale gas discoveries and record warm temperatures have increased inventories. Prices have since moved up somewhat, to $2.77.
The low prices have pushed down shares of producers that rely heavily on natural gas, including Bellatrix Exploration and Delphi Energy …read more »
Natural gas prices recently dropped below $2 U.S. per thousand cubic feet, their lowest level in 10 years. That’s because new shale gas discoveries and record warm temperatures have increased inventories. Prices have since moved up somewhat, to $2.70.
The low prices have pushed down shares of producers that rely heavily on natural gas, including Bellatrix Exploration and Delphi Energy (below). …read more »
BELLATRIX EXPLORATION $4.29 (Toronto symbol BXE; TSINetwork Rating: Speculative) (403-266-8670; www.bellatrixexploration.com; Shares outstanding: 114.2 million; Market cap: $448.9 million; No dividends paid) produces oil and natural gas in Alberta, B.C. and Saskatchewan. Gas makes up about 62% of its output; the remaining 38% is oil.
In the three months ended June 30, 2011, Bellatrix’s production rose 51.8%, to 11,643 barrels of …read more »
BELLATRIX EXPLORATION $4.31 (Toronto symbol BXE; TSINetwork Rating: Speculative) (403-266-8670; www.bellatrixexploration.com; Shares outstanding: 97.4 million; Market cap: $459.6 million; No dividends paid) produces oil and natural gas in Alberta, B.C. and Saskatchewan. Gas makes up about 62% of its output; the remaining 38% is oil.
In the three months ended June 30, 2011, the company’s production fell 2.9%, to 11,783 barrels …read more »
Bellatrix Exploration, symbol BXE on Toronto, produces oil and natural gas in Alberta, B.C. and Saskatchewan. Gas makes up about 62% of its output; the remaining 38% is oil.
Bellatrix is one of the natural gas stocks we analyze in Stock Pickers Digest, our newsletter for aggressive investing.
In the three months ended June 30, 2011, the natural gas stock’s production fell …read more »
BIRCHCLIFF ENERGY $13.66 (Toronto symbol BIR; TSINetwork Rating: Speculative) (403-261-6401; www.birchcliffenergy.com; Units outstanding: 127.7 million; Market cap: $1.7 billion: No dividends paid) develops, produces and explores for oil and natural gas, mainly in the Peace River Arch area near the Alberta/B.C. border. About 76% of Birchcliff’s production is natural gas. The remaining 24% is oil.
In the three months ended March …read more »
DELPHI ENERGY $2.05 (Toronto symbol DEE; TSI Network Rating: Speculative) (403-265-6171; www.delphienergy.ca; Shares outstanding: 112.7 million; Market cap: $231.1 million; No dividends paid) explores for oil and natural gas in Alberta, Saskatchewan and B.C. Gas makes up 81% of Delphi’s daily output; the remaining 19% is oil.
In the three months ended September 30, 2010, Delphi’s average daily output rose …read more »
BELLATRIX EXPLORATION $3.87 (Toronto symbol BXE; SI Rating: Speculative) (403-266-8670; www.bellatrixexploration.com; Shares outstanding: 97.2 million; Market cap: $376.2 million; No dividends paid) produces oil and natural gas in Alberta, B.C. and Saskatchewan. Gas makes up about 73% of its output; the remaining 27% is oil.
In the three months ended June 30, 2010, Bellatrix’s production fell 21.5%, to 7,671 barrels of …read more »
