Bellatrix Exploration (BXE) Set to Announce Quarterly Earnings on Thursday

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Bellatrix Exploration (TSE:BXE) (NYSE:BXE) will be issuing its quarterly earnings data after the market closes on Thursday, November 1st.

Bellatrix Exploration (TSE:BXE) (NYSE:BXE) last released its earnings results on Thursday, August 2nd. The company reported C($0.63) earnings per share for the quarter. Bellatrix Exploration had a negative net margin of 49.98% and a negative return on equity of 11.12%. The company had revenue of C$54.02 million during the quarter.

TSE BXE opened at C$1.15 on Tuesday. Bellatrix Exploration has a 1-year low of C$1.07 and a 1-year high of C$3.49.

A number of research analysts recently issued reports on BXE shares. Canaccord Genuity reduced their price target on Bellatrix Exploration from C$1.50 to C$1.25 in a report on Friday, August 3rd. TD Securities reduced their price target on Bellatrix Exploration from C$1.75 to C$1.50 in a report on Friday, August 3rd. National Bank Financial reduced their price target on Bellatrix Exploration from C$1.75 to C$1.50 and set a “sector perform” rating on the stock in a report on Friday, August 3rd. Eight Capital downgraded Bellatrix Exploration from a “neutral” rating to a “sell” rating and reduced their target price for the stock from C$1.30 to C$0.45 in a report on Friday, August 3rd. Finally, Raymond James reduced their target price on Bellatrix Exploration from C$1.25 to C$1.00 and set an “underperform” rating on the stock in a report on Friday, August 3rd. Four equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. Bellatrix Exploration has a consensus rating of “Sell” and an average price target of C$1.27.

Bellatrix Exploration Company Profile

Bellatrix Exploration Ltd., an oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan in Canada. It primarily focuses on developing its two core resource plays, the Cardium and the Spirit River in Western Canada.

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Earnings History for Bellatrix Exploration (TSE:BXE)

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