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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

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.


TSX:BIR - Post by User

Comment by fishcarrieron Aug 20, 2022 8:21am
223 Views
Post# 34909089

RE:Trading activities with BIR

RE:Trading activities with BIRTotally agree with your style and sentiments. Just my humble opinion, this stock is going to rocket up in the next few months. What struck me most is how this company, through "financial instruments" is able to generate such a high price for their gas. I noticed, for example that Tourmaline received 6.31 for their gas, while BIR got $8.61. Then, TOU has a p/e of over 10, while BIR 's is less than 5. And finally the prospect of becoming debt-free and paying a MUCH higher dividend, has to be a huge catalyst. I have a lovely cache of this stock, and sincerely expecting to increasing my stake. GLTA
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