Bellatrix Exploration (BXE) Getting Somewhat Negative News Coverage, Analysis Shows

Media headlines about Bellatrix Exploration (NYSE:BXE) (TSE:BXE) have trended somewhat negative on Thursday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bellatrix Exploration earned a coverage optimism score of -0.03 on Accern’s scale. Accern also gave headlines about the oil and gas exploration company an impact score of 45.4910099694482 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

A number of equities analysts recently commented on BXE shares. Northland Securities set a $3.00 price target on shares of Bellatrix Exploration and gave the stock a “buy” rating in a research note on Monday, December 11th. Scotiabank reaffirmed a “hold” rating and set a $5.00 price target on shares of Bellatrix Exploration in a research note on Tuesday, October 10th. Zacks Investment Research raised shares of Bellatrix Exploration from a “sell” rating to a “hold” rating in a research note on Tuesday, December 19th. Canaccord Genuity reaffirmed a “hold” rating and set a $3.75 price target on shares of Bellatrix Exploration in a research note on Friday, November 10th. Finally, AltaCorp Capital cut shares of Bellatrix Exploration from an “outperform” rating to a “sector perform” rating in a research note on Friday, November 10th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $3.92.

Shares of Bellatrix Exploration (NYSE:BXE) traded down $0.04 on Thursday, reaching $1.72. 171,300 shares of the company were exchanged, compared to its average volume of 107,800. Bellatrix Exploration has a one year low of $1.44 and a one year high of $5.15. The company has a market cap of $86.90, a price-to-earnings ratio of -2.02 and a beta of 1.47. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.45.

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About Bellatrix Exploration

Bellatrix Exploration Ltd. is an oil and gas exploration company engaged in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s properties include Ferrier, Willesden Green, Greater Pembina, Strachan and Harmattan.

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