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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 > Nat gas now $3.30
View:
Post by ShawnyCash1 on Jan 09, 2024 1:26pm

Nat gas now $3.30

So, this is not the only indicator but at these natural gas prices, birchcliff should be a buy here.
Comment by liljohnnyjoke on Jan 09, 2024 1:38pm
Nat gas has gone from @ $2.5 to currently $3.30 in @ a week , up over 30%, and likely to $3.50 or up 40% by tomorrow while BIR sp basically unchanged. Not good news for an unhedged NG producer ?
Comment by PlutusofCrete on Jan 09, 2024 1:59pm
SP will not move unless we can sustain these prices.  No one cares if we earn $3.30 for one day. 
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