Bonanza Creek Energy Gives Disappointing Updates But Makes The Right Move

This article was first published by Seeking Alpha on January 21, 2015

By Sarfaraz A. Khan. Research Asst. Omar Edwardhams

On Tuesday, Bonanza Creek Energy (NYSE:BCEI) released several updates regarding its reserve base, operational outlook and financial guidance for 2015 and the fourth quarter production numbers. Bonanza Creek Energy operates mainly in Colorado's Wattenberg Field -- which accounts for a majority of the company's production - and Arkansas's Cotton Valley trend.

Bonanza Creek Energy Well-Positioned to Weather Low Oil Prices

This article was originally published by TheStreet on November 21, 2014. 

By Sarfaraz A. Khan

NEW YORK (TheStreet) -- Deteriorating crude oil prices could slow down Bonanza Creek Energy (BCEI) , which has been growing its oil and gas production twice as fast as the industry's average. But the company's low-cost asset base puts it in a good position to weather a tough market.

Bonanza Creek increased production at an average annual rate of 84% between 2010 and 2013 and has a production growth target of almost 50% for 2014, says James Masters, investment relations manager at the company.