Zacks Rating on Bonanza Creek Energy (BCEI)

Bonanza Creek Energy (BCEI) : The consensus on Bonanza Creek Energy (BCEI) based on 18 analyst recommendation on the company stock is 3.67, which is interpreted as a Sell recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 10 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 6 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Bonanza Creek Energy (BCEI).

Bonanza Creek Energy (BCEI) : Currently there are 13 street experts covering Bonanza Creek Energy (BCEI) stock. The most bullish and bearish price target for the stock is $6 and $1 respectively for the short term. The average price target of all the analysts comes to $1.89. The estimated standard deviation from the target is $1.29.


Shares of Bonanza Creek Energy, Inc. appreciated by 2.41% during the last five trading days but lost 8.14% on a 4-week basis. Bonanza Creek Energy, Inc. has dropped 56.75% during the last 3-month period . Year-to-Date the stock performance stands at -83.09%. Bonanza Creek Energy (NYSE:BCEI): On Tuesdays trading session , Opening price of the stock was $0.9299 with an intraday high of $0.9299. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $0.8504. However, the stock managed to close at $0.891, a loss of 5.04% for the day. On the previous day, the stock had closed at $0.9383. The total traded volume of the day was 2,737,902 shares.

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%.

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