Bonanza Creek Energy (BCEI) Earning Somewhat Positive News Coverage, Study Finds

News headlines about Bonanza Creek Energy (NYSE:BCEI) have been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bonanza Creek Energy earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news stories about the oil and gas producer an impact score of 46.3293251401387 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Bonanza Creek Energy from a “hold” rating to a “strong-buy” rating and set a $38.00 price objective on the stock in a report on Monday. Imperial Capital lifted their price objective on shares of Bonanza Creek Energy from $37.00 to $48.00 and gave the company an “outperform” rating in a report on Thursday, May 10th. ValuEngine downgraded shares of Bonanza Creek Energy from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 2nd. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $27.00 price objective on shares of Bonanza Creek Energy in a report on Wednesday, April 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $37.67.

Shares of Bonanza Creek Energy traded up $1.69, reaching $34.97, during midday trading on Thursday, according to Marketbeat Ratings. The company’s stock had a trading volume of 4,995 shares, compared to its average volume of 248,572. The company has a quick ratio of 0.55, a current ratio of 0.57 and a debt-to-equity ratio of 0.02. Bonanza Creek Energy has a fifty-two week low of $33.37 and a fifty-two week high of $33.52. The company has a market capitalization of $682.74 million, a PE ratio of 13.82 and a beta of 1.64.

Bonanza Creek Energy (NYSE:BCEI) last posted its quarterly earnings data on Tuesday, May 8th. The oil and gas producer reported $1.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.43. Bonanza Creek Energy had a net margin of 51.92% and a return on equity of 7.13%. The company had revenue of $64.19 million for the quarter, compared to the consensus estimate of $59.30 million. sell-side analysts expect that Bonanza Creek Energy will post 3.67 EPS for the current year.

Bonanza Creek Energy Company Profile

Bonanza Creek Energy, Inc engages in the exploration, development, and production of onshore oil and related liquids-rich natural gas in the United States. The company's oil and liquids-weighted assets are located primarily in the Wattenberg Field in Colorado; and the Dorcheat Macedonia Field in southern Arkansas.

Insider Buying and Selling by Quarter for Bonanza Creek Energy (NYSE:BCEI)

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