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Bullboard - Stock Discussion Forum Birchcliff Energy Ltd BIREF


Primary Symbol: T.BIR

Birchcliff Energy Ltd. is a Canada-based intermediate oil and gas company. The Company is engaged in exploring for, developing, and producing natural gas, light oil, condensate, and other natural gas Liquids (NGLs). The Company's operations concentrated within its core area, the Peace River Arch, which is centered northwest of Grande Prairie, Alberta, adjacent to the Alberta/British Columbia... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > Q4 23 and Q1 24 - Guidance Updates
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Post by PlutusofCrete on Feb 09, 2024 10:08am

Q4 23 and Q1 24 - Guidance Updates

I think results for Q4 and Q1 are going to hurt and with each guidance revision there will be a dip. 

I plan to buy back in in May/June. I base this prediction on the trading we observed over the last 12 months....but hey history may not be a good indication of the future.
Comment by itsalie on Feb 09, 2024 10:18am
You'd think Q4 would be terrible, but the stock price movement says otherwise.. 
Comment by PlutusofCrete on Feb 09, 2024 10:55am
I know  I know...makes no sense. But the company is unhedged so easy to know that the results YOY will not look pretty. Q1 will look even worse YOY. 
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