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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 liljohnnyjokeon Nov 21, 2023 7:57am
156 Views
Post# 35745915

RE:RE:RE:RE:RE:NCIB - Cavalry Riding to the Rescue

RE:RE:RE:RE:RE:NCIB - Cavalry Riding to the Rescueif they have all of this cash to buy back shares why do they have to borrow money to make the dividend payments?
how low will the SP go when ex dividend Dec 14? maybe the last dividend payment?
and tax loss selling ends Dec 27th so more downward pressure
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