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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 cooper90on Nov 15, 2024 5:25pm
87 Views
Post# 36315820

RE:RE:RE:RE:Added a FEW Today ;>))

RE:RE:RE:RE:Added a FEW Today ;>))I watched the video 3x times and I think he was actually trying to be more positive by inferring that the dividend may be reviewed for an ncreased not a reduction, only because the CEO was trying to show a positive spin on expected 2025 LNG pricing for NA over 2024 averages.

No way they will cut again after a 50% cut at the beginning of the year and the fallout from that, I will take those odds. Besides everything on the call was that pricing is expected to increase so I take it that a review of the divi and capex is positive not negative.

Don't believe it will be increased but I think it will stay at .40 cents for the 2025. 

IMO Cooper! 
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