Birchcliff Energy Ltd T.BIR

What a laggard Birchcliff has become

[barneyj44]

Crew energy kicks our a##. along with everything else in this sector.Tonken needs to shake things up a bit because share holders are finding a better bang for there buck elsewhere.

[robert41]

Crew has the potential to have more oil and their land position and size is extremely attractive. Looking down the road as all these companies are cashed up crew won't have to think about where they go for growth. So I get the attractiveness of crew. Bir is frustrating I thought we would be higher as well. It's always had one of the biggest short positions out of all the gas companies

[barneyj44]

Unfortunately when Nat gas investors head for the exits Birchcliff leads the pack on the way down.

[Barkis]

Have fun with Crew. How bout you tell the good folks here about the upcoming hedgings losses for Crew. (especially if nat gas gets pushed up by oil equivalent btu arbritrage) That is money that could have been spent on drilling, dividends, buybacks ... https://crewenergy.com/investors/#hedging No such mental exercies with BIR. What you see is what you get (alll you need to know is how add and

[barneyj44]

I am not in Crew at the moment just comparing share movements as I do with all my Oil and Gas holdings. As David Burrows always says don’t hang onto a company that’s lagging in a sector that’s in  a Bull Market and lately Birchcliff has been fitting the bill. It’s great Jeff is paying down our debt but a the market isn’t giving us anything for it.

[PlutusofCrete]

Audited results come out EOD Wednesday - let's see if Jeff has an update on the guidance to get us excited. Birchcliff is in stealth mode...eventually it will POP. 

[RusticHit]

Told ya long before this is Dog Of O&G sector  always laggard on rise but first on Slide ,,,,,,,,,as always

[robert41]

Stealth mode? Interesting... it was the best thru November 2021.... been the worst ever since that's just the facts sadly. Just not oily enough to get people too excited I think. 

[robert41]

It's been great been in it since spring 2020 new highs today. Been in Bir since then too. Still hasn't reached new highs unlike every other O/G stock which is baffling being un hedged I think the market will respond by mid summer if gas prices hold in and we are down another 250 million in debt.... this time next year we should be debt free if these gas prices hold up could be q4 2022

[Burgersandfries]

Yup she's been a dud I have hope value should be realized at some point it might be the fall if gas is north of $4 all year and end up at $9-$10 dollars at the end of the year that will suck!