SeekingAlpha  Apr 1  Comment 
By Drill Capital: As specialists in researching and investing in the North American energy space, we have canvassed the industry and have taken a deep dive into the companies that we believe will benefit from the boom in shale oil and gas...
Benzinga  Mar 28  Comment 
In a report published Friday, Morgan Stanley analyst Drew Venker reiterated an Equal-Weight rating on Bonanza Creek Energy (NYSE: BCEI), and raised the price target from $40.00 to $50.00. In the report, Morgan Stanley noted, “Despite...
StreetInsider.com  Jan 6  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/Mizuho+Securities+Upgrades+Bonanza+Creek+Energy+%28BCEI%29+to+Buy/9024907.html for the full story.
StreetInsider.com  Dec 10  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/KLR+Group+Upgrades+Bonanza+Creek+Energy+%28BCEI%29+to+Buy/8963123.html for the full story.
Benzinga  Nov 11  Comment 
In a report published Monday, Goldman Sachs analyst Joseph B. Stewart reiterated a Buy rating and $59.00 price target on Bonanza Creek Energy (NYSE: BCEI). In the report, Goldman Sachs noted, “BCEI reported 3Q13 adjusted EPS/EBITDA of...
Benzinga  Nov 11  Comment 
In a report published Monday, Wunderlich Securities analyst Irene O. Haas upgraded the rating on Bonanza Creek Energy (NYSE: BCEI) from Hold to Buy, and raised the price target from $59.00 to $60.00. In the report, Wunderlich Securities noted,...
StreetInsider.com  Nov 8  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Bonanza+Creek+Energy+%28BCEI%29+Misses+Q3+EPS+by+7c/8863664.html for the full story.
TheStreet.com  Oct 24  Comment 
NEW YORK (TheStreet) -- I really love the energy stocks right now. I honestly do not know why they are breaking loose all over the place as crude oil prices moderate. However, it seems to me that ever since Janet Yellen was nominated to succeed...
Benzinga  Oct 22  Comment 
In a report published Tuesday, Wunderlich Securities analyst Irene O. Haas downgraded the rating on Bonanza Creek Energy (NYSE: BCEI) from Buy to Hold, but raised the price target from $52.00 to $59.00. In the report, Wunderlich Securities...
Benzinga  Sep 18  Comment 
Bonanza Creek Energy, Inc. (NYSE: BCEI) reported today on the impacts that the severe flooding in northern Colorado has had on its operations. After a thorough safety and environmental assessment, including the physical inspection of...


Bonanza Creek Energy (NYSE:BCEI) is an oil and gas company which acquires, explores, and drills onshore gas wells in the United States. The company if focused in the Mid-Continent and Rocky Mountain regions of the US. [1]

Business Overview

For the nine months ended in September in 2011, Bonanza reported total revenues of $76M. This corresponded with a $13M net income for the same period. For the nine months in 2010, the total revenue was $35M and the net income was $11M.[2]

New Updates

The company's initial public offering of stock on the NYSE occurred on December 14, 2011. The company offered 10M shares each for $17. This was below the $20-$22 price range. The deal raised a total of $170M. The company had originally announced that it would sell 14.3M shares. The lead mangers of the deal were Morgan Stanley and Credit Suisse.[3]

Trends & Forces

Use of Hydraulic Fracturing

Like main onshore oil and gas drillers, Bonanza Creek Energy relies heavily on the use of injected water and chemicals under high pressures (hyrdofracking) to stimulate and improve the output of a well. This process has undergone scrutiny and if made illegal would severely impair Bonanza's abilities to extract oil and gas from its wells. [4]

  1. BCEI 2011 S-1/A PROSPECTUS SUMMARY "Overview" pp. 1-2
  3. Renaissance Capital - IPO Home "Bonanza Creek Energy prices downsized IPO at $17, below the range" 15 Dec 2011
  4. BCEI 2011 S-1/A PROSPECTUS SUMMARY "Risk factors" pp. 16-19
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