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Bullboard - Stock Discussion Forum Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Energy Oil & Gas E&P
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 > Hope
View:
Post by shenty46 on Nov 10, 2021 1:36pm

Hope

Hope Jeff learns from its peers like peyto, arc etc, that a good dividend is essential to make a floor on the share price, and hence good appreciation
Comment by PlutusofCrete on Nov 10, 2021 1:42pm
I think Jeff is doing perfectly fine. I do not want a bump in the dividend at all.  Pay the debt - stick with the story we've been told for the last 9 months. Pay me later. I am lucky and have time on my hands...I can wait.  Derisk the business and then pay me 10 cents or more a month dividend please. 
Comment by itsalie on Nov 10, 2021 2:06pm
I'm with the other fella, pay me while I wait or watch the price drop .. 
Comment by PlutusofCrete on Nov 10, 2021 3:21pm
If NG prices stay strong...I don't see the price dropping. 12 months ago I was told it would take 5 years to be debt free. Less than 2 months ago I was told BIR moved the date up by 3 years.  I want to see no debt. Not a dollar of interest going to the banks that don't care whether this industry lives or dies. Keep the production flat for the next 3 years and pay me great dividends ...more  
Birchcliff Energy Ltd