Bonanza Creek Energy announced Monday that the New York Stock Exchange could delist its stock if the share price doesn’t get back above $1 and hold there. The Denver-based oil and gas producer notified the NYSE that its shares have averaged a price below $1 for the past 30 trading days. That triggers a six-month grace period for the average price to get back above $1. Back in the third quarter of 2014, right before oil prices started diving, investors placed a market value on the company of $2.35 billion.

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