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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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

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 nhellofaguyon Nov 06, 2023 8:26am
180 Views
Post# 35718951

RE:Q3 by the numbers..........

RE:Q3 by the numbers..........As per my previous post, their numbers should in theory be better in Q3 than Q2.  I concur, they have to make some changes to keep the dividend sustainable, eg ramp up production a bit or hedge when the price is good.  What I do not like is the lack of hedging, I like the dividend, and low debt.  

Calendar date - compared date to previous quarters and Q3 2022, Nov 14 is one week later, than they typically report for a quarter.  I think something is up.  They may be a takeover target, they may also be doing a purchase, if they are I hope it is a good one, or a merger. 


I suspect something is going on, Jeff Tonken leaving (good time for a change), atypical change in calendar date, and on Oct 15 a (Sunday), three analysts downgraded BIR - BMO, Scotiabank and Stiefel Nicolaus.  We will find out what is up with this stock soon enough I guess.


<< Previous
Bullboard Posts
Next >>