Bonanza Creek Energy, Inc. (BCEI) Scheduled to Post Earnings on Tuesday
Bonanza Creek Energy, Inc. (NYSE:BCEI) is set to release its earnings data after the market closes on Tuesday, August 8th. Analysts expect Bonanza Creek Energy to post earnings of ($0.16) per share for the quarter.
Bonanza Creek Energy (NYSE:BCEI) last released its earnings results on Wednesday, May 10th. The oil and gas producer reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by $0.02. The business had revenue of $52.56 million for the quarter. Bonanza Creek Energy had a negative net margin of 120.77% and a negative return on equity of 192.23%. On average, analysts expect Bonanza Creek Energy to post $-0.02 EPS for the current fiscal year and $0.62 EPS for the next fiscal year.
Bonanza Creek Energy, Inc. (BCEI) opened at 28.50 on Monday. Bonanza Creek Energy, Inc. has a 1-year low of $25.76 and a 1-year high of $40.60. The stock’s 50 day moving average price is $29.48 and its 200-day moving average price is $108.02. The company’s market cap is $579.86 million.
Several analysts have recently commented on BCEI shares. Zacks Investment Research lowered shares of Bonanza Creek Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. BidaskClub upgraded shares of Bonanza Creek Energy from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. BMO Capital Markets dropped their target price on shares of Bonanza Creek Energy from $30.00 to $25.00 and set a “market perform” rating for the company in a report on Friday, July 14th. ValuEngine downgraded shares of Bonanza Creek Energy from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd. Finally, Capital One Financial Corporation reiterated an “equal weight” rating on shares of Bonanza Creek Energy in a report on Tuesday, May 2nd. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $30.50.
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About Bonanza Creek Energy
Bonanza Creek Energy, Inc (Bonanza Creek) is an independent energy company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States. The Company’s oil and liquids-weighted assets are concentrated primarily in the Wattenberg Field in Colorado and the Dorcheat Macedonia Field in southern Arkansas.
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