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Breitburn Energy Partners Lp
Bonanza Creek Energy Inc. (stock ticker: BBEP) is a U.S. public company engaged in the exploration, development, and production of oil and natural gas in the United States. The company's primary asset is located in the Wattenberg Field in Colorado.
Here is some general information about the company:
* Market Capitalization: As of February 10, 2021, the market capitalization of Bonanza Creek Energy Inc. is approximately USD 368 million.
* Earnings: The company's earnings have been volatile in recent years. In 2019, Bonanza Creek Energy Inc. reported a net loss of $12.6 million, or $(0.23) per share. However, in the third quarter of 2020, the company reported a net income of $10.3 million, or $0.19 per share, primarily due to an increase in commodity prices.
* Growth: Bonanza Creek Energy Inc. has been focused on reducing its debt and increasing its production in recent years. The company has made significant progress in optimizing its operations, and as a result, its production has increased. In the third quarter of 2020, the company's production averaged 25,073 barrels of oil equivalent per day (BOE/d), an increase of 13% compared to the same period in 2019.
It's important to note that the company's financial performance and growth prospects can be affected by various factors, including commodity prices, drilling and completion costs, operational efficiencies, and macroeconomic conditions. Before making any investment decisions, it's recommended to conduct further research and consider consulting with a financial advisor.