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Bellatrix Exploration Ltd. Announces Strong Third Quarter 2017 Financial and Operating Results Delivering 17% Production Growth Year to Date and the Third Consecutive Quarter of Improved 2017 Corporat
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PR Newswire
CALGARY, Nov. 9, 2017
TSX, NYSE: BXE
CALGARY, Nov. 9, 2017 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix", "we", "us", "our" or the "Company") (TSX, NYSE: BXE) announces its financial and operating results for the three and nine months ended September 30, 2017. This press release contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the end of this press release and the beginning of the Management's Discussion and Analysis (the "MD&A") for the three and nine months ended September 30, 2017 and 2016. Bellatrix's unaudited condensed consolidated financial statements and notes, and the MD&A are available on our website at www.bxe.com, and are filed on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.
| THIRD QUARTER 2017 HIGHLIGHTS | ||||||||||
| | ||||||||||
| | ||||||||||
| | Three months ended | | Nine months ended | |||||||
| | 2017 | | 2016 ARIVA.DE Börsen-GeflüsterKurse
| | 2017 | 2016 | ||||
| SELECTED FINANCIAL RESULTS | | | | | | | | |||
| (CDN$000s except share and per share amounts) | | | | | | | | |||
| Cash flow from operating activities | 23,031 | | 2,425 | | 41,785 | | 20,432 | |||
| | Per basic share (1) | $0.47 | | $0.05 | | $0.85 | | $0.50 | ||
| | Per diluted share (1) | $0.47 | | $0.05 | | $0.85 | | $0.50 | ||
| Funds flow from operations (2) | 8,300 | | 10,556 | | 42,540 | | 32,479 | |||
| | Per basic share (1) | $0.17 | | $0.23 | | $0.86 | | $0.80 | ||
| | Per diluted share (1) | $0.17 | | $0.23 | | $0.86 | | $0.80 | ||
| Net profit (loss) | (22,124) | | (13,907) | | (78,310) | | (49,753) | |||
| | Per basic share (1) | ($0.45) | | ($0.31) | | ($1.59) | | ($1.22) | ||
| | Per diluted share (1) | ($0.45) | | ($0.31) | | ($1.59) | | ($1.22) | ||
| Capital - exploration and development | 39,683 | | 17,235 | | 94,896 | | 54,019 | |||
| Capital - corporate assets | 443 | | 4 | | 1,648 | | 58 | |||
| Property acquisitions | 500 | | 3 | | 500 | | 4 | |||
| Capital expenditures - cash | 40,626 | | 17,242 | | 97,044 | | 54,081 | |||
| Property dispositions - cash (3) | (16,388) | | (116,023) | | (48,742) | | (193,852) | |||
| Total net capital expenditures - cash | 24,238 | | (98,781) | | 48,302 | | (139,771) | |||
| Property acquisitions - non-cash | — | | — | | — | | 29,178 | |||
| Other non-cash capital items | (5,817) | | 784 | | (9,430) | | 2,337 | |||
| Total capital expenditures - net (4) | 18,421 Werbung Mehr Nachrichten zur Bellatrix Exploration Aktie kostenlos abonnieren
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