Bellatrix Exploration Ltd (BXE) : Orange Capital reduced its stake in Bellatrix Exploration Ltd by 79.29% during the most recent quarter end. The investment management company now holds a total of 6,384,118 shares of Bellatrix Exploration Ltd which is valued at $4,813,625 after selling 24,443,594 shares in Bellatrix Exploration Ltd , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Bellatrix Exploration Ltd makes up approximately 100.00% of Orange Capital’s portfolio.
Other Hedge Funds, Including , A.r.t. Advisors added BXE to its portfolio by purchasing 217,807 company shares during the most recent quarter which is valued at $164,226. Bellatrix Exploration Ltd makes up approx 0.01% of A.r.t. Advisors’s portfolio. Citadel Advisors added BXE to its portfolio by purchasing 23,137 company shares during the most recent quarter which is valued at $17,445.Norges Bank boosted its stake in BXE in the latest quarter, The investment management firm added 350,000 additional shares and now holds a total of 2,856,855 shares of Bellatrix Exploration Ltd which is valued at $2,154,069. Blackrock Institutional Trust Company N.a. sold out all of its stake in BXE during the most recent quarter. The investment firm sold 11,448 shares of BXE which is valued $8,632.
Bellatrix Exploration Ltd closed down -0.048 points or -5.98% at $0.755 with 10,09,230 shares getting traded on Thursday. Post opening the session at $0.79, the shares hit an intraday low of $0.7531 and an intraday high of $0.7939 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
Bellatrix Exploration Ltd. is an intermediate energy producer focused on exploration and development of light oil and liquids-rich natural gas opportunities in the Western Canada Sedimentary Basin. The Company develops its two core resource plays the Cardium and the Notikewin/Falher intervals in Western Canada. The Company has a joint venture (the Daewoo and Devonian Partnership) with Daewoo International Corporation (Daewoo) and Devonian Natural Resources Private Equity Fund (Devonian) in the Baptiste area of West-Central 3 Alberta. The Company also has a joint venture (the Troika Joint Venture) with TCA Energy Ltd. (TCA) in the Ferrier Cardium area of West-Central Alberta.