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

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Birchcliff Energy Ltd > Had to buy more

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Post by SadieLadyCO on Sep 20, 2023 10:50am

Had to buy more

even for the divy. If Birch can continue the .80 per year I am ok with that. BIR paid the .20 when NG prices where around $2.55 - $2.60. I am sure they will continue at $2.70 - $2.80 NG prices

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Comment by barneyj44 on Sep 20, 2023 11:00am

Jeff has the dividend being covered for 2023, if prices stay low(which i don't think) they may decide to cut it to pay down some debt. Just a guesstimate. What we have going for us is Lng Canada is getting closer and closer and NG demand is rising....

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Birchcliff Energy Ltd