Why is BCEI Stock up 13% yesterday and 20% today?

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KCHenry8
Posts: 8
Joined: Sat Oct 04, 2014 8:33 am

Why is BCEI Stock up 13% yesterday and 20% today?

Post by KCHenry8 »

Anyone know why BCEI is up 13% yesterday and 20% today?
dan_s
Posts: 37288
Joined: Fri Apr 23, 2010 8:22 am

Re: Why is BCEI Stock up 13% yesterday and 20% today?

Post by dan_s »

Sometimes it just takes a few Heavy Hitters who are convinced the company can survive.

BCEI is a pure play on the DJ Basin. If oil moves back to $60/bbl the economics are quite good up there. Read our recent profile on NBL.

BCEI does have approximately 21,000 Boe per day of production, so it does have a decent size production base.
Dan Steffens
Energy Prospectus Group
jb2257
Posts: 199
Joined: Sat Apr 20, 2013 8:12 pm

Re: Why is BCEI Stock up 13% yesterday and 20% today?

Post by jb2257 »

I only hope that not too got burned on that one as it's down 53% today.
dan_s
Posts: 37288
Joined: Fri Apr 23, 2010 8:22 am

Re: Why is BCEI Stock up 13% yesterday and 20% today?

Post by dan_s »

Dan Steffens
Energy Prospectus Group
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