BIRCHCLIFF ENERG NEW Stock News

Birchcliff Energy Ltd.'s dividend cut sent the stock down the cliff. Birchcliff's Q4 2023 results showed weak numbers and a high cost of replacing reserves. The bigger issue is that their guidance is

Birchcliff Energy cut its dividend by 50%, disappointing investors who were attracted to the high yield and large reserves. The company's production guidance for Q4-2023 and 2024 was also lowered, ind

Birchcliff Energy's cash flows in Q2 were weak, but the future looks better due to improved natural gas prices. The company's dividend is not currently covered by free cash flow, but it is expected to

Birchcliff is a relatively large natural gas producer in Canada. The low natgas price is hurting the company and the dividend is not fully covered. I understand a company does not want to cut a divide

Forty-nine small-cap energy producers are ranked on relative quality using a matrix with factors including, valuation, profitability, FCF, and debt. The quality matrix is a broad effort to identify th

Birchcliff is a mid-sized natural gas producer that aims to further slowly increase its production rate. As the company already indicated last year, the improved natural gas prices allowed it to incre

Birchcliff Energy is a Canadian natural gas producer and just over 80% of its output of almost 80,000 barrels of oil equivalent per day consists of natural gas. The balance sheet is clean, and BIR cal

Birchcliff has provided a preliminary guidance for FY 2023 which includes 5% production growth. More importantly, the dividend will indeed be ten-folded and should be well-covered all the way down to

BIREF has been increasing cash flow, reducing debt, and rewarding shareholders. Birchcliff Energy plans for modest growth over the next 4 years, to 90K BOEPD.

At current prices, Birchcliff's implied valuation of C$11 – C$20 per share commands a lucrative 17% - 28% upside. Birchcliff is an incredibly well positioned gas-weighted operator given the strong g

Birchcliff sees the cash gushing in thanks to a good production performance and an excellent natural gas price. The company will be debt free by the end of this year and is considering a more sharehol

Presidential aspirant and Manila mayor Francisco “Isko Moreno” Domagoso on Monday, Feb. 28, said he would go after the Marcos family’s estimated P200-billion in estate tax debts if elected in the upcoming elections. Domagoso said he will use the proceeds from these tax debts to help Filipinos who were affected by the coronavirus disease (COVID-19) pandemic. “Meron akong gagawing ayuda. I’ll make sure that I will implement the decision of the Supreme Court [SC], GR 120880, na may isang pamilya na pinagbabayad ng estate tax. As we speak, it’s about P200 billion already (I have something to help. I’ll make sure that I will implement the decision of the Supreme Court, GR 120880, with one family paying estate tax. As we speak, it’s about P200 billion already),” he said in an ambush interview. “If and if ako’y maging presidente, yung pera na yon na buwis ha, hindi po ito regular na buwis, estate tax, ngayon po P200 billion na ang halaga. E kung ipamigay ko rin na ayuda? Tutal pera niyo naman yon e (If and if I become president, that money will be a tax, it is not a regular tax, estate tax, now it is worth P200 billion.

EIGHTEEN unregistered Philippine Offshore Gaming Operation (Pogo) entities in Cagayan were temporarily shut down by the Bureau of

Birchcliff Energy (BIREF) declares CAD 0.01/share quarterly dividend, in line with previous.

Canada''s main stock index tumbled Wednesday, after domestic data showing the annual inflation rate accelerated in January raised fears of quicker interest rate hikes and as Shopify Inc''s dismal forecast dented sentiment. The S&P/TSX Composite remained negative 118.91 points to wind up business Wednesday at 21,383.64. The Canadian dollar surged 0.24 cents at 78.82 cents U.S. Shopify lost $188.76, or 16.7%, to $943.86, after the company forecast a slowing pace in first-half revenue growth. Elsewhere in techs, Converge Technology Solutions bowed 41 cents, or 3.8%, to $10.49. In consumer staples, Alimentation Couche-Tard faded 82 cents, or 1.6%, to $51.43, while George Weston dropped $1.19 to $138.62. In utilities, Hydro One slid 41 cents, or 1.3%, to $31.46, while Boralex caved 36 cents, or 1.1%, to $32.93. In a bright spot, Barrick Gold gained $1.88, or 7.1%, to $28.21, after the miner announced a share repurchase of up to $1 billion and a bigger dividend payout as the gold miner''s fourth-quarter results beat analysts'' estimates.