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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 PlutusofCreteon Oct 28, 2023 9:49pm
215 Views
Post# 35706016

RE:RE:Eric Nutall - BNN - BUY ON WEAKNESS

RE:RE:Eric Nutall - BNN - BUY ON WEAKNESSEric Nuttal is less pessimistic on BIR than MrMoMo.

Says FY2024 $0.80 cent dividend is supported and expects another $200M of FCF from what I saw.

I'm thankful for BIR Mgmt going unhedged throughout COVID and giving us a stronger than ever company. Again, congrats to Jeff on his retirement - his guidance and continued involvement as Chairman of the Board will be instrumental in realizing top dollar in a takeover scenario. 

Congrats team!
 
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