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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 > Birchcliff Will it Make $8 This Week?
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Post by integrity11 on Feb 10, 2022 12:04am

Birchcliff Will it Make $8 This Week?

Great report today by Birchcliff. That debt paydown is amazing. Like all of us except a very few shorters i am hoping for a positive share appreciation tomorrow right through to the Q1 report release. There will be ups and downs due to the general market, but overall the company is looking great.
Comment by robert41 on Feb 10, 2022 1:02am
Let's start with $7, I'd be happy with that. Decent report as most thought 30 million wasted on buy backs would have been better used for debt repayment I think. $8 this week is pure fantasy maybe if gas was trending to $5 but that ain't happening. They had a great year they need one more then it's easy street and hopefully a dividend that makes sense instead of what we have now.
Comment by RusticHit on Feb 10, 2022 10:54am
As i told before this is most frustrating stock in O&G sector  every thing Up n Green in sector while she is bleeding 3-4% and could go down more if markets took plunge shorts love this 
Comment by Barkis on Feb 10, 2022 11:15am
Thats ok - the feeling is mutual - I love the shorts back
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