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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 Maxmoeon Dec 15, 2023 2:58pm
182 Views
Post# 35787271

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

RE:RE:RE:RE:Hilarious....COMPLETELY ...Hilarious!And look at what happened to Ath that NEVER paid a dividend. It's outperformed all the high dividend paying stocks. Oil producers have volatile cash flows. Period. Nobody should ever buy them for a divy like they expect to get from bell. No producer should pay a large % of cycle high cash flow as a "regular" dividend. The only reasonable divy policy is a small basic with occasional specials when cash is gushing. Like tourmoline does. You can research funds that hold any stock, including bir, at morningstar.ca. It updates monthly. At Nov 30 bir was 11% owned by funds. All funds, not just dividend funds. That's not a big number because bir is a small/mid cap stock.  By comparison, Tou is 30%. And ATH is 16% but half that is in Eric nuttal's fund. 
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