Bonanza Creek Energy (BCEI) : During the past 4 weeks, traders have been relatively bearish on Bonanza Creek Energy (BCEI), hence the stock is down -56.12% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -44.93% relative to the S&P 500. The 4-week change in the price of the stock is -54.2% and the stock has fallen -44.1% in the past 1 week. The stock has recorded a 20-day Moving Average of 46.46% and the 50-Day Moving Average is 57.63%.
Bonanza Creek Energy (NYSE:BCEI): The stock opened at $1.27 on Friday but the bulls could not build on the opening and the stock topped out at $1.32 for the day. The stock traded down to $1.08 during the day, due to lack of any buying support eventually closed down at $1.09 with a loss of -15.50% for the day. The stock had closed at $1.29 on the previous day. The total traded volume was 5,518,092 shares.
The company Insiders own 0.57% of Bonanza Creek Energy shares according to the proxy statements. Institutional Investors own 96.86% of Bonanza Creek Energy shares. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (Sr. VP, Planning & Reserves) of Bonanza Creek Energy, Inc., Boone Lynn had purchased shares worth of $231,110 in a transaction dated on December 5, 2014. A total of 11,000 shares were purchased at a price of $21.01 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Bonanza Creek Energy, Inc. is an energy company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States. Its oil and liquids-weighted assets are concentrated primarily in the Wattenberg Field in Colorado, which the Company has designated the Rocky Mountain region and the Dorcheat Macedonia Field in Southern Arkansas, which it has designated the Mid-Continent region. In addition, the Company owns and operates oil-producing assets in the North Park Basin in Colorado and the McKamie Patton Field in Southern Arkansas. It operates approximately 98% of its proved reserves with an average working interest of approximately 86%.