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Bonterra Energy Corp. (BNE.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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9.40+0.64 (+7.31%)
At close: 04:00PM EDT
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  • s
    sam
    Way over sold folks. Good time to get in on this gem. Will gap up very soon. At this valuations will be easy takeover target
  • J
    John
    Does anyone here know what their plan to return cash to shareholders is? I'm not familliar with this ticker. I see they had a dividend in the past. Will they bring it back?
  • s
    sam
    making a move today!!! this stock has been lagging and has alot of room to catch up folks!!

    we have minimum 25% upside just to catch the other oils.

    BNE is an amazing stock and patience will be rewarded folks

    $13 next stop!

    lets gooo
  • A
    Anonymous
    down 10% why crashing like no other ones??
  • s
    sam
    accumulation phase folks!!! getting ready for the next leg up.

    looking good today and hopefully break 52 week high this week.
  • s
    sam
    Another green day folks. BNE is ready to fly. Was languishing for a while and now is getting some steam

    Kelts go
  • s
    sam
    oils at 110!!! and this is falling????? why would you sell when this will double minimum by eoy!!!

    look at fundamentals and where oil is going and do the math!!!!

    lets gooo
  • s
    sam
    remember bne should be trading at $30 plus with $100 oil!!!

    one of the most undervalued stocks!!! smart money will be buying at these prices folks!

    lets gooo
  • s
    sam
    Earnings out and they look great folks!!!! This little company will prob be bought out. It’s so cheap.

    Let’s too
  • s
    sam
    earnings coming very soon and should be amazing!!

    BNE has been under the radar lately and will gap up big when earnings are out.

    be patient and we will be rewarded folks.

    GLTA
  • s
    sam
    52 week highs in site now!!!

    Should be a great day today for BNE
  • s
    sam
    Oil up $2 to $106 folks!!

    BNE is one of the most undervalued stocks out there.

    Let’s goo
  • T
    Terry
    Hey anyone still holding BNE Shares? Wondering why the dividend amount is only .01 Will let you know more if anyone replies to this post..
  • M
    Marc
    Bonterra's 315 million dollar debt is unsustainable as a stand alone company. The market price action won't determine that but the banking facility will. Fink doesn't even address this problem. He has no plan for reducing Bonterra's debt. He only talks about increasing production which will only lead to more debt. This doesn't show up while oil prices are high or rising but when the price of oil goes down the banks will pull the plug. If you listen to and follow Fink he will take your investment to zero. Counting on oil prices rising is not a business plan it is gambling and that is what Fink and his management is trying to do with their shareholders investments: gamble. Obsidian has a plan that is focused on reducing debt. That is a prudent business plan that unlike hoping the price of oil stays high can be controlled by management. Fink seems to think hope is a plan. No wonder only 52 percent of Bonterra's investors voted for him in the most recent board election.
  • M
    MarketDataBULL
    Now your BNE can Crash because Your Fink will quite buying. A good day for OBE!

    Stephen Loukas:
    "While the Offer would have delivered synergies to shareholders of both companies, the changing environment, impact of higher commodity prices and expected strength of our 2021 strategy no longer makes the proposed exchange ratio attractive for Obsidian Energy and our shareholders. As a result of the expiration of the Offer prior to the satisfaction of its conditions, no Bonterra Shares will be acquired and all Bonterra Shares that were tendered to the Offer will be promptly returned to the depositing Bonterra shareholders."
  • e
    ed
    If the merger happens, then I might be interested in buying the new company, but without a combination, looks like we are looking at zero in both cases. Maybe OBE could increase the offer to 2.20 shares.
    This is a 10% premium and would value equally. But it looks like Bonterra is slightly overpriced relative to OBE at current prices. Unfortunately, management will act in their best interest and not of the shareholders.
  • 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.
  • L
    Leslie Chow
    If you are a Bonterra Energy shareholder, would you rather own 1000 shares of Bonterra with an upside potential of $5/sh or 2000 shares of Obsidian Energy with an upside potential of $10/sh ?
  • M
    Marc
    Looks like Oberndorf tendered his shares or is in that process. It is only a matter of time partners.
  • H
    Heitmann
    Is there anybody out there?