Birchcliff Energy Ltd T.BIR

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

[Jonathon Brown]

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results. read article.

[Naveed23]

I wish they would cut the dividend completely. Yes, the stock would likely briefly drop but would then start climbing each quarter.  If there was no dividend to begin with, they would have very

[PlutusofCrete]

I step outside and go to the gym everyday in shorts - no need for pants and it is November in Toronto. We have produced too much nat gas - one day spike in futures does not equate to sustained spot

[ztransforms173]

- RIGHT NOW, BIR has 10,000 Boe/d of TRANSPORT EGRESS CAPACITY that it is PAYING BUT is NOT USING due to DEPRESSED NG PRICES {mostly on the TransCanada NATIONAL pipeline} - it 'could' EASILY

[itsalie]

feels like another dividend cut is in the works.. 

[cooper90]

As a friend, I disagree and am comfortable with my recent share purchase. 

[PlutusofCrete]

There's only a month and a half left in Q4. Below is the realized HH pricing so far.  Hurts. Date Value November 12, 2024 1

[ztransforms173]

(C$):                              CAPITAL EXPENDITURES             NET DEBT Q1/2024

[ztransforms173]

- from the REVISED Q3/2024 news release GUIDANCE - with DEPRESSED NG prices - with a $ 0.10 QUARTERLY DIVIDEND PAYMENT * COST: $ 108 million on an ANNUAL BASIS - $ 20 million is ~  7.5 CENTS

[PlutusofCrete]

Cooper that fact that you had to watch it three times tells you that this is not a good situation. Speaking to you as a friend - the cut will come. This interview gives him cover to say that in

[shenty46]

Ng prices are expected to be dismal for atleast a year more, they will have to cut dividend, nothing worthwhile appreciation for at least next 6 months. Peyto is the exception 

[cooper90]

Also, based on the CEO conference call on BNN he stated that BIR took the capex hit for all 11x drilled wells in the quarter but didn't get the benefit of the drilling revenue yet. Thus, the loss

[cooper90]

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

[PlutusofCrete]

This is nothing new...it's been this way for the last 7 years - it didnt save BIR. 

[ztransforms173]

BNN VIDEO (6m42s): See: https://www.bnnbloomberg.ca/video/shows/the-open/2024/11/15/birchcliff-reports-q3-loss-on-weaker-oil-and-gas-prices/ z173

[2young2invest]

Dear boomers-bagholders, dividends will be cut in January. SP will be $3.50 or lower.