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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 > Birchcliff a Dividend Stock?
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Comment by PlutusofCreteon Sep 02, 2023 3:00pm
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Post# 35617583

RE:RE:Birchcliff a Dividend Stock?

RE:RE:Birchcliff a Dividend Stock? The Q4 dividend will be paid. It is the Q1 2024 dividend that is in question. 

If the commodity prices stay at this level (WTI $85 and HH $2.75) or go higher we will be okay.

CEO stated - THEY WILL CUT CAPEX FIRST - before the dividend. 
 
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