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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 Willikins on Jan 10, 2025 7:05pm

Movement

Thought this stock would be moving upwards a wee bit faster. However, I'm assuming investors are waiting to see in the next quarterly whether or not they axe the dividend. Personally, I think it would be a good decision. Maybe investors are also worried about what Trump has in store when he becomes president. I can't imagine that he will tariff Canadian oil and gas.
Comment by Maxmoe on Jan 10, 2025 8:04pm
Well gas prices have been far more volatile than oil for a very long time, so we investors are much more cautious. When it's painfully obvious the industry has some catching up to do to fill all those LNG tankers we'll see a permanent step up to a higher trading range for gas. Maybe 4-8 range , then 6-10. A sudden short jump to 10-15 won't help anyone. Oil is much steadier, much lower ...more  
Comment by Realdude on Jan 13, 2025 5:34pm
they already cut div in half this time last year at way lower nat gas prices and higher cap ex. Div is well covered. we just need arctic freeze into february. this tariff stuff is just a lie 100%.
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