Bellatrix Exploration Ltd (BXE) Scheduled to Post Earnings on Thursday

Bellatrix Exploration Ltd (TSE:BXE) (NYSE:BXE) is scheduled to be releasing its earnings data before the market opens on Thursday, August 10th. Analysts expect Bellatrix Exploration to post earnings of ($0.16) per share for the quarter.

Bellatrix Exploration Ltd (TSE BXE) opened at 3.22 on Wednesday. The company’s market cap is $158.80 million. Bellatrix Exploration Ltd has a one year low of $0.73 and a one year high of $6.95. The firm has a 50-day moving average of $3.25 and a 200-day moving average of $4.63.

In other Bellatrix Exploration news, Director Thomas Edward Macinnis purchased 10,000 shares of the stock in a transaction that occurred on Monday, July 17th. The shares were acquired at an average cost of C$3.03 per share, with a total value of C$30,300.00. Also, Director John Cuthbertson purchased 100,000 shares of the stock in a transaction that occurred on Monday, July 10th. The shares were acquired at an average cost of C$0.74 per share, for a total transaction of C$74,000.00. In the last 90 days, insiders have bought 365,600 shares of company stock valued at $161,010.

BXE has been the topic of a number of recent analyst reports. Canaccord Genuity lowered shares of Bellatrix Exploration from a “speculative buy” rating to a “hold” rating in a research report on Tuesday, July 11th. TD Securities upped their target price on shares of Bellatrix Exploration from C$1.25 to C$1.35 and gave the stock a “hold” rating in a research report on Thursday, May 11th. CSFB reiterated a “neutral” rating and set a C$1.00 target price on shares of Bellatrix Exploration in a research report on Monday, May 15th. Finally, National Bank Financial lowered shares of Bellatrix Exploration to a “sector perform” rating in a report on Friday, June 23rd. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of C$1.40.

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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.