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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 > Excellent read on buybacks
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Comment by robert41on Jan 17, 2023 11:12pm
195 Views
Post# 35229725

RE:Excellent read on buybacks

RE:Excellent read on buybacks I agree with the article for the most part especially when the buybacks are basically taking care of the options cashed in by insiders which unfortunately partly what happened in 2022 at birchcliff. If a company is debt free and has a healthy divi then I'm ok with buybacks, at the end of the day a low float is a positive. 
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