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Bellatrix Exploration (BXE) Jumps: Stock Rises 5.6%

Zacks Equity Research

Bellatrix Exploration Ltd. (BXE) was a big mover last session, as the company saw its shares rise by roughly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained almost 12% since Feb 19.

This oil & gas drilling company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Bellatrix Exploration currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some stocks in the same industry looking equally good include ARC Resources Ltd. (AETUF), Canadian Oil Sands Ltd. (COSWF) and Crescent Point Energy Corp. (CPG). All these stocks hold a Zacks Rank #2 (Buy).

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