Bellatrix Exploration Ltd., an oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas reserves in west central Alberta, British Columbia, and Saskatchewan in Canada.
The last earnings update was 96 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Bellatrix Exploration. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Bellatrix Exploration's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bellatrix Exploration has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Bellatrix Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Bellatrix Exploration's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Bellatrix Exploration's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Bellatrix Exploration is high growth as no earnings estimate data is available.
Unable to determine if Bellatrix Exploration is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Bellatrix Exploration's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Bellatrix Exploration's finances.
The net worth of a company is the difference between its assets and liabilities.
Bellatrix Exploration's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Bellatrix Exploration's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Bellatrix Exploration's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.1x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Brent Andrew Eshleman, P.Eng., has been the Chief Executive Officer and President of Bellatrix Exploration Ltd, since February 15, 2017. Mr. Eshleman served as the Interim Chief Executive Officer and Interim President of Bellatrix Exploration Ltd, from November 25, 2016 to February 15, 2017 and served as its Chief Operating Officer from 2012 to November 2016. He served as an Executive Vice President of Bellatrix Exploration Ltd, from July 16, 2012. Mr. Eshleman served as a Vice President of Exploitation and Engineering of Sinopec Daylight Energy Ltd. from December 2004 to January 2012. From October to November 2004, he served as Manager of Operations for NAV Energy Trust. From May 2000 to September 2004, he served for Calpine Canada Resources Ltd. and Encal Energy Ltd. He has been a Director of Bellatrix Exploration Ltd, since February 15, 2017. He served as Director of Engineering and Development at Calpine. From May 1998 to May 2000, he served as the Manager of Engineering at Ulster Petroleums Ltd. He served as Director of Calpine Canada from May 2000 to November 2004.
Brent's compensation has been consistent with company performance over the past year, both up more than 20%.
Brent's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the Bellatrix Exploration management team is about average.
Chief Operating Officer
Vice President of Operations
Executive VP & CFO
Vice President of Marketing
Investor Relations Consultant
Investor Relations Consultant
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Bellatrix Exploration board of directors is less than 3 years, this suggests a new board.
Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Bellatrix Exploration Ltd., an oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas reserves in west central Alberta, British Columbia, and Saskatchewan in Canada. It primarily focuses on developing its two core resource plays, the Cardium and the Spirit River in Western Canada. The company was founded in 2000 and is headquartered in Calgary, Canada.
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