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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (39762)1/15/2018 7:57:21 PM
From: Goose94Read Replies (2) | Respond to of 203654
 
Bellatrix Exploration (BXE-T) top pick from Josef Schachter on BNN.ca Market Call Monday Jan 15th @ 1300ET

Bellatrix Exploration is a natural gas-focused company that had production in Q3/17 of 37,710 boe/d, of which 75 per cent is natural gas. It is focused on the Spirit River liquids rich natural gas play in Alberta which has economics as attractive as the popular Montney area. In 2017 we see the company keeping production flat and using any excess cash to pay down debt. The stock is cheap on a price to book value (Q3/17 of $15.93 per share). We have a 12-month target of $7.00 per share and a three to five year bull market target of $20.00.