Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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.


TSX:BIR - Post by User

Birchcliff Energy Ltd > Birchcliff sell-off is opportunity
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(86)
•••
Comment by PlutusofCreteon Jan 07, 2023 10:33pm
191 Views
Post# 35209313

RE:RE:Birchcliff sell-off is opportunity

RE:RE:Birchcliff sell-off is opportunity
Dave Steinmoeller
Jan 5

Hi Michael, I added BIR today. I’m curious how your model values the company at todays lower commodity prices? Thanks for all your work.

ReplyCollapse
 
 
author
Michael Blair
Jan 5Author

Dave, at CAD$3.00 per gigajoule for gas and CAD$75 for oil ($CAD35 for NGL) I get cash flow north of CAD$800 million; CAD$530 after capex and ~CAD$300 after a CAD$0.80 dividend. I value the stock at about CAD$20 per share.

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities