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Birchcliff Energy Ltd BIREF


Primary Symbol: T.BIR

Birchcliff Energy Ltd. is a Canada-based intermediate oil and gas company. The Company is engaged in exploring for, developing, and producing natural gas, light oil, condensate, and other natural gas Liquids (NGLs). The Company's operations concentrated within its core area, the Peace River Arch, which is centered northwest of Grande Prairie, Alberta, adjacent to the Alberta/British Columbia. It is focused on natural gas and light oil drilling areas in North America. The Company is focused on the Montney/Doig Resource Play within the Peace River Arch. It has 100% 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. Pouce Coupe Gas Plant is in the heart of the Montney/Doig Resource Play. The Gordondale property is located northwest of Grande Prairie, Alberta and consists of the properties in Gordondale.


TSX:BIR - Post by User

Comment by downwithdotcom1on Jun 13, 2024 6:12pm
134 Views
Post# 36088144

RE:RE:RE:BIR or PEY?

RE:RE:RE:BIR or PEY?I have a part time trader for quite a few years and I have watched and even had participation in this strategy WITH WHAT I WOULD CALL LIMITED SUCCESS..A 20% return sounds pretty rich to me...1st point, if it was that easy it everyone would be doing it..2nd point , computer based algos and more recently AI is also messing with this behaviour based trading . Besides, post Divi I typically see drops of 1.5+ the size of the payout..anyways, if it works, good for u but maybe it's just the fact that dividend paying stocks are USUALLY of better quality..yes/no??? Dwdc
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