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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 Burgersandfrieson Jan 04, 2023 6:22pm
163 Views
Post# 35203840

RE:RE:RE:Here are the real numbers, re: Upcoming Div announcement

RE:RE:RE:Here are the real numbers, re: Upcoming Div announcementHey HO if gas drops to $3.00 dollars regardless of the dividend  the stock will drop, maybe I wasn't clear. History show's investors get nervous when dividends are perceived to high which would also put pressure on the stock. The market would become fearful of a cut in the dividend. Yes Jeff says they can afford it if gas goes to $3.00 and I'm sure they can but sentiment in my view would lead the stock lower. Am I wrong probably......:))
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