Motley Fool  Jul 13  Comment 
Bonanza Creek Energy is a small domestic oil producer with huge scope for growth.
SeekingAlpha  May 28  Comment 
By Michael Filloon: Bonanza Creek (BCEI) may be the best way to play the Niobrara. It had value into earnings, after notifying its CEO was retiring. This wasn't good news, but it didn't justify the pullback. There are several reasons to like...
TheStreet.com  May 27  Comment 
NEW YORK (TheStreet) --Bonanza Creek Energy Inc. was upgraded to "buy" from "hold" at Topeka Capital on Tuesday. The firm said it upgraded the oil and natural gas company and raised its price target on the stock to $68 from $50 as the firm...
Benzinga  May 27  Comment 
TheStreet.com  May 22  Comment 
NEW YORK (TheStreet) -- Bonanza Creek Energy was gaining 15.1% to $52.79 Thursday after acquiring leasehold interests in the Wattenberg Field in Weld County, Colorado. Bonanza Creek will pay $175.5 million in cash and issue 1.1 million shares...
SeekingAlpha  May 9  Comment 
Bonanza Creek Energy, Inc. (BCEI) Q1 2014 Earnings Conference Call May 9, 2014 11:00 ET Executives James Masters - Investor Relations Manager Marvin Chronister - Interim President and Chief Executive Officer Bill Cassidy - Chief...
Benzinga  May 9  Comment 
In a report published Friday, Morgan Stanley analyst Drew Venker reiterated an Equal-Weight rating on Bonanza Creek Energy (NYSE: BCEI), but lowered the price target from $54.00 to $49.00. In the report, Morgan Stanley noted, “BCEI reported...
Benzinga  May 9  Comment 
Analysts at Imperial Capital initiated coverage on shares of Digimarc (NASDAQ: DMRC) with an “outperform” rating. The target price for Digimarc is set to $37. Digimarc's shares closed at $31.07 yesterday. Analysts at Brean Capital initiated...
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.


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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