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Bonterra Energy Corp. (BNE.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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5.67-0.05 (-0.87%)
At close: 3:59PM EDT
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  • M
    Matt
    52 week highs! looking good!
  • R
    Rome
    Matt - Do you feel better now that Obsidian Energy is about to overtake BNE in PRICE. At least soon all will see the true color of FINK - ! ( Made all his shareholders lose out on a steal of a deal by not giving them the facts. ) Thank you Fink for saving OBE shareholders from this dilution.

    Obsidian Energy Ltd. (OBELF)
    3.1400+0.1823 (+6.16%)
    At close: June 18 3:59PM EDT

    Bonterra Energy Corp. (BNEFF)
    4.11000.0000 (0.00%)
    At close: June 17 12:35PM EDT

    GO OBE 🚀🚀🚀 Blastoff 🚀🚀🚀
  • M
    MarketDataBULL
    BNE Shareholders I want to address the question of why this OBE stock is so undervalued and unloved for those seeing the amazing fundamentals in such a low priced stock.

    In late 2017 the stock was trading well above $2 but they entered into very bad hedging position locking everything into $50 WTI. In late 2018 the differentials widened dramatically on Canadian crude such that OBE was nearly break even on a cash basis and the stock plummeted below $1. Fear of delisting emboldened short players and OBE announced a 7 for 1 reverse split to protect the listing.

    This backfired very badly as now the shorters were emboldened even more as this is a very bad sentiment indicator and the pushed it down to around 20 cents which after the reverse split equated to $1.40. By this time the company was stabilizing but they announced a strategic review which again signalled a very big negative and again the shorters went after the price sending it under a $1 once again. The company was looking to recover the $1 mark but then COVID hit and combined with the delisting it hit 20 cents in early April 2020.

    Nothing fundamentally has changed operationally since 2018 when the stock was 4 times higher. The company produces 25,000 bbls per day and most of the production is high margin Cardium production. What is different is all to the good: (They have reduced debt) (they have renegotiated their office lease saving $12 million/ year) (they have reduced well costs) (they have placated their lenders) )they have made Willesden Green their cornerstone with some of the best wells in the Cardium) So when I suggest a $10-12 share price which is $1.45 to $1.70 pre split, this is not a stretch target, this is the equivalent of CPG returning to $6.50 or ATH returning to 85 cents, WCP returning to $5 or CVE returning to $12 which is where all these players are in mid 2018.

    With recovering oil prices and continued debt repayments, there should be no reason for this stock to be $10+ in the next year.
  • R
    Rome
    Well - BNE Shareholders at least Now you know who you can TRUST!
    And it is not your CEO!
  • C
    Clyde DeVore
    Way to go guys, OBE has just about Doubled BNE price since you helped OBE by not diluting share holders equity. Good job!!!!!!! If you still would want to join OBE I agree with a share for share swap.
  • i
    imatwatch
    Obsidian shareholders are thanking you and your management for not merging wow what a whitewash your management gave you to save their own skins
  • R
    Rome
    Hey MATT ..... step off BNE.... cash out and put it on OBE - Hurry up... I will hold the button for just another second. Jump on and then click the button below.

    https://media.tenor.com/videos/86c6e2d85a5974b8032c2f3b17541d88/mp4

    AND ... We have Blastoff 🚀🚀🚀
  • i
    imatwatch
    CALGARY, AB, Jan. 28, 2021 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") and its Board of Directors reiterates the previous recommendation that shareholders reject Obsidian Energy Ltd.'s ("Obsidian") highly-conditional, unsolicited bid to acquire all of the issued and outstanding common shares of Bonterra in exchange for shares of Obsidian (the "Hostile Bid") and continues to strongly recommend that Bonterra shareholders TAKE NO ACTION and REJECT the Hostile Bid by NOT TENDERING their shares.
  • M
    MarketDataBULL
    Words of advice. No longer two for one and that will shrink quickly. We are now over $2,50 and headed to $10. Sell now and get more shares, don't wait. We will be be to our normal price soon. And that price in $14 A SHARE.
  • i
    imatwatch
    Thanks to your management for not recommending merger signed Obsidian Shareholder
  • R
    Rome
    Good Morning BNE
    LOOK at the cost of OBE this morning.....

    $3.2100 +0.2700

    I hope some of you listen to us!
  • M
    MarketDataBULL
    BNE Shareholders - This is not going to last much longer - Sell and move your investments to OBE before we cross in equal value - It WILL NOT BE LONG!
  • M
    Matt
    to the moon 🌚
  • M
    MarketDataBULL
    Guys you need sell now and come join our party. OBE is on the way back to where it was in 2018! $14 a share.
  • M
    MarketDataBULL
    BNE - YOUR BOSS HEDGED it all - YOU'RE are STUCK HERE and will not go much higher!!! Sell and get on the OBE ROCKET to $15..............🚀🚀🚀
  • M
    MarketDataBULL
    BNE Shareholders the numbers don't lie. We are over $2.50 and have a 0% short ratio. Look at the numbers. Nows is the time to move while you can get more for your BUCKS ! $$$
  • R
    Rome
    BNE shareholders you may to late to jump on the OBE Rocket. Move Quick......

    https://media.tenor.com/videos/86c6e2d85a5974b8032c2f3b17541d88/mp4
  • R
    Rome
    MarketdataBull is dead totally correct. I sold all my BNE last week and bought even more shares of OBE. Doing my numbers from last week I am over 20% more profit. BNE did not move and OBE seems to have a lot of power going up! Fact - I am in a lot better position with a lot of upside! I an the WINNER!!! Thanks MarketdataBull........You made me $$$$.
  • M
    MarketDataBULL
    BNE Shareholders - What are you waiting for - The boat is pulling OUT!

    Obsidian Energy Ltd. (OBELF)

    2.8600+0.3342 (+13.23%)
    As of 10:43AM EDT. Market open.
  • C
    Clyde DeVore
    High rider today. But wait until earning season. Be lucky to make 3 cents.