Birchcliff Energy Ltd T.BIR

Alternate Symbol(s): BIREF

Energy Oil & Gas E&P

Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100% working interest in its Pouce Coupe Gas Plant and two oil batteries, as well as various working interests in numerous other gas plants, oil batteries, compressors, facilities and infrastructure. Its Pouce Coupe Gas Plant, which is licensed to process up to 340 million cubic feet per day (MMcf/d) of natural gas, is located in the heart of the Corporation's Montney/Doig Resource Play.

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Birchcliff Energy Ltd > Unless

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Comment by wsm1234on Mar 01, 2021 3:37pm

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Post# 32687585

RE:RE:RE:Unless

They are going to cash flow $400M (before capex) this year if Henry Hub averages $2.80 and WTI averages 60 bucks. Current market cap $780M + debt $750M is 1.53B EV. Show me another O&G company that's trading at under 4x EV/cash flow. Maybe there's one I don't know about. I think Tamarack Valley is cheap but even they are something like 5x CF now with the recent run up.

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