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DXI changed to DXIE and delisted from the AMEX to the OTC.
http://otce.finra.org/DLAdditions
What are your expectations regarding the Q2-Earnings which are supposed to be released soon ?
Very quiet here lately. I am still invested.I am stubborn like a donkey and feel like an idiot seeing so much potential in DXI Energy.
Today is the last day on the NYSE Market. From tomorrow DXI Energy will open on the OTCQB.
DXI Energy Common Stock Approved to Commence Trading on OTCQB
DXI Energy Inc. (NYSE MKT:DXI)(DXI) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced that it will begin trading on the Over-The-Counter QB (OTCQB), a quality controlled segment of the OTC market, open only to companies that are registered with the SEC or bank regulators and who are current in the regulatory filing or to foreign companies listed on foreign stock exchanges.
As previously reported, DXI will maintain its current listing of its common shares on the Toronto Stock Exchange, the Company's primary trading jurisdiction since 1969.
The Company believes the OTCQB listing will continue to provide U.S. investors with the ability to seamlessly hold and trade DXI's stock on an accredited US Exchange. The OTCQB will assign the Company a trading symbol at the opening of initial trading on OTCQB on Friday, August 5, 2016. The Company's stock will be voluntarily delisted from the NYSE MKT at the close of trading on Thursday, August 4, 2016.
DXI's management and board remain focused on aggregating and integrating high potential oil projects, developing cash flows to support long-term sustainability and building substantial core value for our stakeholders.
DXI Energy Common Stock Approved to Commence Trading on OTCQB
its not in the managements best interest to get the share price moving in the direction of their share holders hopes. sorry.
Well, there goes the sp again with today's disclosure that DXI will issue up to 25 million shares at C$.12, when today it closed at C$.175??? WTF other than another money grab by insiders and their cronies. I had hoped this might revisit the USD$.20's due to improving oil prices, but this will knock the legs out of that idea. What a bunch of crooked bastards!
If you look at the pps and market cap i think you can understand they will get another deficiency notice rather soon
My last information on that issue is that : DXI Energy Granted Full NYSE MKT Listing Compliance
Can you provide me with an update pls ?
DXI on the verge of being de-listed from NYSE.
A ch11 filing is not out of the question stockrush. Look at their situation. Earnings in tje red and have been how long now? The market is not in their favour.
So do you want to tell us DXI Energy will go to bankrupcy? Did you talk to DXI or what is your assumption based on ?
Energy stocks Chap 11 this week LINE, LNCO, SDOC, SGY, BBEP...
Oil rising does not seem to do the trick. A bew management team and bod that does not put the ceo as chairman is what is needed i think. These old dogs have a bad rep
I c it as management doing what they do best. Screwing shareholders
how will DEJ aka DXI management screw their share holders next?
I think comparing yoy financials right now does not give us the right pic. Qoq is better. Jmo
Im all for it bro :)
short interest is on the decrease
i see it same like Stokrush :)
The last tradingdays was a very strong volume for DXI...
i hope the Price will following North..
The dxi story...
Q1 2016 compared to Q1 in 2015 looks bad if you watch the NG chart and price. However output of NG continously increased and last several news showed promising drilling results. What makes me see things positive is the fact that we see a clear uptrend both in Oil and Gas. If we see further positive drilling results together with a continuous increase of O&G price DXI Energy will finally breakout.
Morning Stockrush. you've been following this company for some time now. what do you expect from Q1 earnings?good bad or plain ugly? ;) TIA
Think it is time to accumulate more shares what i did yesterday. I feel we are short before another breakout. Oil price rising. NG rising. And i am curious about forthcomming news from DXI. :)
Im Agree :)And i am very very happy that i have add more Shares at 0.20$.
Yessss Patrick! Fantastic news! There is no traffic anymore in the german board for DXI of the german Wallstreetonline page. Maybe they will wake up and realize the huge potential we have here.
Look at this : NG chart
If the NG price will recover we will see a strong rally. I am convinced we will see the Dollar sooner than later.
Good luck for us Longs and Newbies!
stockrush :)
Wau! The Numbers looking good! Even better as i have expected!
Now we Need only a higher NG Price!
http://www.nasdaq.com/press-release/dxi-reports-q4-and-fiscal-2015-results-20160309-01150
Had the same thought. However the situation for O&G didnt clearup yet. The chart for NG does not really look that great. Ther is still a mssive oversupply for both Oil and Natural Gas. That was the reason i didnt accumulate more shares even the newsflow is great indeed. Also there are continous warnings of a major crash in the stock market. So i am very cautious throwing another money in the barrel. I lost too much already with my investments. Also DEJ/DXI caused a big hole in my investment until now. I wished we reach 5$ some day. Then i would be happy even i have only 30K.
But; i am very happy about the news :))
Arrrgh.... i was so sure that we get news not bevor today after the trading time.. Now i hope i cane get some more shares.. maybe its to late :(
DXI Energy Retires All Commercial Bank Credit
http://www.dxienergy.com/perch/resources/dxi-nr-jan-25-2016-final.pdf
Surprise newsflow continues and we even see a breakout of DXI shares. A great sign in this bad environment. :)
Grear Christmas surprice : http://www.nasdaq.com/press-release/dxi-energy-granted-full-nyse-mkt-listing-compliance-20151224-00196
And the NG price starts to rising up :)
Hmm.. two different DXI FB posts about buyers int the pinacle areas.. looks like DXI its hopefull to sell some oh his assetments..
When not its a another R/S possible?
This crazy oil and gas prises are really sad :(
yea, how may times is it now that we have been bent over the DEJ/DXI barrel and ass raped!?!? This is typical of the actual crime, selfish and self centered. I hope someone is having a good Xmas on this move!
Thats realy sad :( bad for the sharholders again...
Well, so much for turning a corner with the name change per the IR guy. Bob just diluted our shares by 1/3. I stuck with this one too long.
I feel your pain. I started buying years ago at much higher prices and have averaged down to the point where I own more of DXI than I wish I did, and am still underwater at these prices. I will say however, I'm not one of those that is down on management. They have acquired some great property's. These are extremely tough times throughout the industry. This is the typical boom/bust in the oil patch. I think they are positioned to survive this, but my frustration is it will take a few more years to get a payout on this stock.
Stock price is back to what I bought it for years ago at least, just very VERY unfortunate its after reverse splits and TONS of loss! At this rate, it will once again be down at the same price point it was just recently at....someone is winning, just not us share holders!
Good article from CME web site. Truth is it looks like we have to have a longer term view to justify holding DXI. This is not a quick payday proposition.
http://www.cmegroup.com/education/featured-reports/natural-gas-upside-downside-risks.html
Looks like the NG price starts to rising up.. i hope this show us the new direction! Gl to all
A R/S without real News cant help.. and the deep gas and oil price helps not realy more.. but the volume its still very low.. so at least nobody get in panic.. maybe time to buy more shares?
I talked to the IR guy, which I admit is not the best source for unbiased info, but one comment he made was that the name change was to put the past behind them and turn the corner. Doing another private placement and screwing existing shareholders would certainly not be putting the past behind them. Let's hope that is not in the cards. That being said, with these historic low NG prices (inflation adjusted NG price), anything is possible. I don't see them getting a line of credit and they still have to pay Bob's Fund back. Tough times for sure.
Trading ok after the r/s and rename. So far so good. Something to watch out for going forward would be an offering, probably discounted, to pay off loans and development costs. We shall see.
Targets are just that and as far as I'm concerned the targets Zacks comes up with are useless. We're already seeing the post-split sp decline, and if DXI decides they need to do an offering, you can bet that sp will be under renewed pressure. We really need a rebound in O&G prices to help reverse the situation. Will we get it??? I don't know. All I know is I now have 1/5th the shares and they are worth less than pre-split.
http://scr.zacks.com/files/Nov-2-2015_DXI_Ralston.pdf
Thanks Harold33272. A lot to absorb there. looks pretty positive.
$2.07 new 6 month price target for DXI Energy per Zacks Research report issued this afternoon.
http://scr.zacks.com/files/Nov-2-2015_DXI_Ralston.pdf
Well, I can't access the website. Seems the facebook is still available.
https://www.facebook.com/dejourenergy
https://finance.yahoo.com/news/dejour-energy-inc-announces-completion-210500954.html
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