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Bullboard - Stock Discussion Forum 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... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > Impact of Line 5 Shutdown
View:
Post by PlutusofCrete on May 08, 2021 10:30am

Impact of Line 5 Shutdown

Team - BIR reports results on the same day that Line 5 may have to shut down. 

Do you think such an event could put a cap on the potential upside we see that day? 

Energy sector stocks across the board may take a hit? 

What if any are the long-term implications to BIR?

Appreciate the thoughts guys!
Comment by Oldnagger on May 08, 2021 2:54pm
Right now the US east coast has a big problem as the Colonial Pipeline system is being kept shutdown by ransom seeking hackers !! Seems someone wants to help Biden Whitmer etc. in their work !! Maybe Canada can come to their rescue with product exports via Sarnia LOL
Comment by Burgersandfries on May 08, 2021 3:16pm
Only a judge can shut it down the governor can threaten all she likes it's now in US federal court and the in the US that may take years. The May 12 day is just a red herring!
Comment by TouchDown12 on May 08, 2021 3:54pm
Good Insight Burger.... Media Cycle material - as usual - totally discounted from the facts. May 12 will come and go as a media eclipse. However, but the lovely drama and projected chaos it provides media with. Just don't let it scare you out of your shares folks. TD12
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