Bonanza Creek Energy Inc (NYSE:BCEI):
Harwood Feffer LLP Announces Investigation of Bonanza Creek Energy, Inc..
The company is up from yesterday’s close of 32.07.
Bonanza Creek Energy, Inc. (Bonanza Creek), launched on December 2, 2010, is an independent energy company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States. The Business’s oil and liquids-weighted assets are concentrated primarily in the Wattenberg Field in Colorado and the Dorcheat Macedonia Field in southern Arkansas. In addition, the Company owns and operates oil-producing assets in the North Park Basin in Colorado and the McKamie Patton Field in southern Arkansas..
The company’s P/E ratio is N/A and market cap is 655.95M. In the last earnings report the EPS was $-451.77 with 20.45M shares now outstanding.
Short traders are feeling a little more bearish on Bonanza Creek Energy Inc recently as shown by the uptick in short interest. The stock recorded a rise in short interest of 7.85% as of the latest report on October 31, 2017. Short shares grew from 534,143 to 576,088 over that timeframe. The short-interest ratio decreased to 5.0 and the percentage of shorted shares was 0.03% on October 31.
A few brokerages have released ratings on the stock of late. Equity analyst BMO Capital Markets released a research note on BCEI and giving a rating of “Hold” and projecting a price target of $25.00. September 6 investment analysts at KeyCorp reiterated a “Hold” rating on the company.
September 1 investment analysts at BMO Capital Markets kept the company rating at “Hold” with a current price target of $25.00.Advertisement