Birchcliff Energy Ltd T.BIR

Tragets

[RusticHit]

Tragets are so low 8-9 bucks mostly now no growth

[barneyj44]

Who isn't cutting production in this environment.  Cheasopeake Energy with a $10 billion market cap is cutting production as stated a couple of weeks ago. I'll sit back and collect the dividend and cost average when opportunity presents itself. 

[checkup]

The energy industry will not do business much at $60.00 WTI.  OPEC will cut and most are prepared to slow production.  Biden should be filling up his SPR at this price.

[Billybabin61]

The energy industry will have no choice but to do business at whatever price oil is at. That is the business they are in. As for guarantees of below $60 oil there are none. We could wake up tomorrow and more banks could go down, everything in the oil and gas industry is risky. I believe BIR will survive. Their next Q will provide more clarity. Until then we get paid nicely to wait, or not wait

[Sudirman2]

Collect unitl the dividend is chopped , which the CEO say needs 70$ and 3 mcf

[Billybabin61]

put a target on a case of beer and stop the whinning!