BNEFF - Bonterra Energy Has Speculative Appeal
Bonterra Energy (BNEFF) is a strong bet for short term and long-term gains, with the current price well below fair value. Bonterra is a well-managed Western Canadian oil & gas producer with a long history of profitability. The company's stock has suffered a dramatic drop in share price in the past few years, with the recent decline following a cut in the dividend from $0.10 monthly to $0.01 monthly during the fourth quarter of 2018. Since 2015, Bonterra stock has fallen over 90% in trading price.
That drop is overdone. I have