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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

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Post by shenty46 on Jan 18, 2022 5:54pm

It falls

It falls like a meme stock.
Comment by Burgersandfries on Jan 18, 2022 7:01pm
Yah easily one of the most volatile gas stocks along with pey...I've traded it a few times not making a killing but picking up a few bucks around a core position. Jeff needs to bring some decent news tomorrow we are going the right direction but it will be slow.
Comment by Burgersandfries on Jan 18, 2022 7:05pm
Actually having said that..,bir going from $770 million in debt in q2 2021 to $450 (projected) end of 2021 is impressive probably pay debt down quicker than any other gas company. So credit to Jeff there. Still looking like the excitement for the stock maybe fall 2022
Comment by PlutusofCrete on Jan 18, 2022 9:07pm
I feel like repeating a lot of what I posted a few days ago.  BIR had an outstanding 2021. It was an A+ performance in my eyes.  I'm not looking for the moon in promises tomorrow or later this week. Keep it simple. Pay the debt. Redeem the prefs. Buy back shares.  Ignore the noise of divy increases from the competitors.  Jeff and the mgmt team have my vote of ...more  
Comment by robert41 on Jan 18, 2022 9:42pm
For the most you are correct however the buy backs have zero effect on YOUR investment and MY investment. Repeat what you want but at the end of the day we are underperforming for now ..... like I have said the real story might not be until next fall. We'll see. The big question is do you wait and ride another horse or do you hang in there. With regrets I have hung in I have a lot of shares ...more  
Comment by barneyj44 on Jan 18, 2022 9:58pm
Agree Robert. Up the dividend , payback some debt and ixnay the buybacks...At the end of the day it doesn't matter what I or you think. Jeff's in charge and so far he's done a great job by not having poor hedges like some of our peers.
Comment by RusticHit on Jan 19, 2022 3:15pm
Junk of O&G sector  short  on any bounce is way to make money  now management is not that agressive like others to prop  up stock 
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