Bonanza Creek Energy (BCEI -1.1%) is initiated with a Buy rating at C.K. Cooper, which says BCEI...

|About: Bonanza Creek Energy (BCEI)|By:, SA News Editor

Bonanza Creek Energy (BCEI -1.1%) is initiated with a Buy rating at C.K. Cooper, which says BCEI is a small-cap E&P with a clean balance sheet and attractive development opportunities in liquids-rich areas. The firm says shares trade slightly above proved reserve value, suggesting investors could secure considerable upside potential at very little cost.