Civitas Resources, Inc. (BCEI)

If you are looking for stocks that are well positioned to maintain their recent uptrend, Bonanza Creek (CIVI) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

The consensus price target hints at a 25.9% upside potential for Bonanza Creek (CIVI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Bonanza Creek (CIVI) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

The consensus price target hints at a 28.1% upside potential for Bonanza Creek (CIVI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Bonanza Creek (CIVI) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Bonanza Creek is on the cusp of two acquisitions that will create Civitas. Civitas will have a strong balance sheet, deep location inventory, significant free cash flow, and an elevated forward dividend yield.

Investors could be interested in the following securities, as their forward price-earnings ratios are lower than the S&P 500's historical average price-earnings ratio of 15. The projections of future earnings are based on data from Morningstar analysts.

If you are looking for stocks that are well positioned to maintain their recent uptrend, Bonanza Creek (BCEI) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

DENVER, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (“Bonanza Creek”) (NYSE: BCEI) announced today that it has priced a private placement (the “Offering”) to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”) of $400.0 million in aggregate principal amount of new 5.000% senior notes due 2026 (the “Notes”) at par. The Offering is expected to close on or around October 13, 2021, subject to the satisfaction of customary closing conditions.

DENVER, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (“Bonanza Creek”) (NYSE: BCEI) announced today that, subject to market conditions, it intends to offer $400 million in aggregate principal amount of senior unsecured notes due 2026 (the “Notes”) in a private placement (the “Offering”) to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”). Bonanza Creek expects to use the net proceeds from the Offering, together with cash on hand, to repay all borrowings outstanding under the CPPIB Crestone Peak Resources America Inc. (“Crestone Peak”) credit facility, to repay borrowings under Bonanza Creek's credit facility and for general corporate purposes. The Notes will be subject to a “special mandatory redemption” in the event that the transactions contemplated by the Extraction Oil & Gas Inc. (“Extraction”) merger agreement and the Crestone Peak merger agreement are not consummated.

NEW ORLEANS, Oct. 4, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

Amid rising demand following the Covid-19 pandemic, supply shortages due to hurricanes in the Gulf of Mexico and disruptions in wind electricity generation in Europe, oil and natural gas prices have risen over the past several weeks.

Two new Breakout Stocks for Week 35 with better than 10% short-term upside potential. The ETF/ETN forecast section now goes out in a separate article. Following the Momentum Gauges, the portfolio is up +49.8% YTD with a record 20 out 34 weeks this year in negative signal conditions above the 40 MG level.

Bonanza Creek Energy, Inc. (BCEI) CEO Eric Greager on Q2 2021 Results - Earnings Call Transcript

Bonanza Creek (BCEI) delivered earnings and revenue surprises of -10.53% and 14.90%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Shares of Bonanza Creek Energy (NYSE:BCEI) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 95.08% over the past year to $1.19, which missed the estimate of $1.31.