Streetbeat News

BIREF

Birchcliff Energy Ltd

http://birchcliffenergy.com/

CEO

A. Tonken

Industry

Crude Petroleum and Natural Gas Extraction

Open

3.26

Mkt cap

895M

Volume

208

High

3.31

P/E Ratio

82.75

52-wk high

4.83

Low

3.26

Div yield

0.08

52-wk low

3.15

Birchcliff Energy's Q3-2024 results reveal financial challenges, with insufficient funds to cover capital expenditures and dividends. The company's debt is projected to be higher than expected, and its strategy of increasing supply amid low gas prices is risky, potentially leading to a 50% dividend cut.

Portfolio Pulse from

November 28, 2024 | 6:00 pm

National Bank Financial Inc's analyst Dan Payne has maintained an 'Outperform' rating on Birchcliff Energy (OTC:BIREF) but lowered the price target from C$10 to C$9.25.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 5:00 pm

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