News headlines about Bellatrix Exploration (NYSE:BXE) (TSE:BXE) have trended somewhat positive on Sunday, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public 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 0.04 on Accern’s scale. Accern also assigned press coverage about the oil and gas exploration company an impact score of 45.8977519477826 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have impacted Accern’s scoring:
- Bellatrix Exploration Ltd (BXE) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
- Is It Too Late To Buy Bellatrix Exploration Ltd (TSE:BXE)? (finance.yahoo.com)
- Free Post Earnings Research Report: Diamondback’s Quarterly Revenue Soared 116%; Earnings Rocketed 263% (finance.yahoo.com)
- Bellatrix Exploration (BXE) Raised to Hold at Zacks Investment Research (americanbankingnews.com)
Several equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Bellatrix Exploration from a “sell” rating to a “hold” rating in a report on Monday, March 19th. AltaCorp Capital cut shares of Bellatrix Exploration from a “sector perform” rating to an “underperform” rating in a report on Friday, March 2nd. BMO Capital Markets initiated coverage on shares of Bellatrix Exploration in a report on Thursday, January 11th. They issued an “underperform” rating for the company. Northland Securities set a $3.00 price objective on shares of Bellatrix Exploration and gave the company a “buy” rating in a report on Monday, December 11th. Finally, Raymond James Financial cut shares of Bellatrix Exploration from a “market perform” rating to an “underperform” rating in a report on Thursday, December 14th. Five research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. Bellatrix Exploration has a consensus rating of “Hold” and an average price target of $3.41.
Bellatrix Exploration (NYSE:BXE) (TSE:BXE) last announced its earnings results on Tuesday, March 13th. The oil and gas exploration company reported ($0.15) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.20) by $0.05. Bellatrix Exploration had a negative net margin of 35.36% and a negative return on equity of 5.64%. The business had revenue of $47.95 million for the quarter, compared to analyst estimates of $48.30 million. analysts predict that Bellatrix Exploration will post -0.84 earnings per share for the current fiscal year.
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.
Receive News & Ratings for Bellatrix Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bellatrix Exploration and related companies with MarketBeat.com's FREE daily email newsletter.