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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 mrmomoon Dec 15, 2023 8:58am
183 Views
Post# 35786338

RE:RE:RE:Hilarious....COMPLETELY ...Hilarious!

RE:RE:RE:Hilarious....COMPLETELY ...Hilarious!OK....i'll bite & play along.....IF you're really sincere in your intentions. It "seems" that you've come off that high horse of yours, come back to earth and reality and wish to discuss things in a "more" reasonable manner.... with any subject matter pertaining to Birch. And i'm game for that..... and will give ANYONE a "2nd" chance to do so......to redeem themselves. The next time around, maybe slinging insults to folks who DO NOT share your views.....doesn't mean they are wrong and maybe isn't the best course of action to engage other investors who might be more knowledgeable than you on this topic.

PlutusofCrete wrote:
"Momo I admit I am not a great investor."


Well, you could have fooled me .......with regards to above statement.....8). Being a good investor comes in several ways. Some just have it inisde them from birth as any other valuable skill and the rest, well, the rest it comes from a combo of Xp, lesson learned & character. It seems quite evident you are "potentially" part of the latter group......but just how good an investor you become will depend HOW you learn from the lessons that are taught to you and HOW you adjust to a changing environement.

"Can someone on this board help me understand if the divy is cut in half is there a potential for the stock to pop as opposed to drop?"

For me personally cuttign the divvy is a double edged sword which coud have two possible outcomes and could potentially a good or bad thing. What do i mean? I mean NOT cutting it might actually be a sign of a possibly GREAT outcome in the short term. But it all depends what the company's mgmt/bod intentions are. But you can bet the farm that if they do cut, it will most likely take a short hit on the stock price.....maybe around 10%.....but longer term it WILL BE very positive.....specifically for the BS. But cutting it also probably implies something which to me will most likely be negative in the VERY long term.

"I feel like BIR is not overly leveraged....but maybe people feel otherwise?"

If you're talking about debt levels....At this time, Birch is well witin the industry average compared to its peers. But that's NOT the problem. The problem is that toxic debt is increasing and will continue to increase.....back to 2020 levels. The amount of cashflow being generated is not sufficient to pay for ALL expenses and they are borrowing to pay for both that generous divvy payout AND most of CapEx. THAT'S the BIG issue and the market knows it and reacting accordingly! And talking about leverage, leverage doesn't come only in the form of debt, Birch is HIGHLY leveraged to one comodity....NG. and as you're finding out.....that too is a double edged sword!

Now you KNOW what most "good" investors.......like yours truly.....8)......have known all along for some time......

GLTA










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