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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 > Nuvista vs Birchcliff
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Post by liljohnnyjokeon Nov 24, 2023 10:19am
315 Views
Post# 35751427

Nuvista vs Birchcliff

Nuvista vs BirchcliffNot so long ago both NVA and BIR traded in the $10-12 sp range, NVA is still @ $12 and stiill pays no dividend, BIR sp has continued to fall since it was north of $10 because it wants to continue paying dividends in a low natgas price environment even if it means borrowing money to pay the divy in a high interest rate enironment.
So if BIR eliminates the divy would sp jump up to $12 like NVA's?
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