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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 > Jeff’s company update
View:
Post by Burgersandfries on Jan 14, 2022 4:46pm

Jeff’s company update

Hope he moves the divi to monthly and stops or slows the buy backs, they easily could afford this. It's not a lot of money but is a benefit to shareholders, Much better than any buy backs. Really looking forward to see where we are debt wise.
Comment by Burgersandfries on Jan 15, 2022 4:22pm
The more I think about it the more I'm in favour of cutting it until you can do something that makes sense. This divi is like a burger without the patty and cheese. Use the cash to pay down debt! 
Comment by PlutusofCrete on Jan 15, 2022 4:30pm
Paying down debt was the headline story for 2021 and will be for 2022....unless something changes in next week's corporate update. 
Comment by Burgersandfries on Jan 15, 2022 8:13pm
The market knows that and is expecting that it's what else might be in the grill! That's why I think a move with the divi to monthly makes it an interesting investment if not they should eliminate it temporarily. Right now the divi is a nothin burger!
Comment by Burgersandfries on Jan 15, 2022 8:50pm
I'm flipping burgers in the backyard and came up with that gem with the help of 3 whiskeys. I think I'm on to something!
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