Birchcliff Energy Ltd. (OTCMKTS:BIREF - Get Free Report) has earned a consensus recommendation of "Strong Buy" from the six brokerages that are covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a strong buy recommendation.
BIREF has been the subject of several research analyst reports. TD Securities raised Birchcliff Energy from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 23rd. National Bank Financial upgraded shares of Birchcliff Energy from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 22nd. Scotiabank upgraded shares of Birchcliff Energy from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 17th. Cormark upgraded shares of Birchcliff Energy to a "strong-buy" rating in a research report on Thursday, March 13th. Finally, Raymond James upgraded shares of Birchcliff Energy to a "moderate buy" rating in a report on Monday, April 7th.
Check Out Our Latest Research Report on Birchcliff Energy
Birchcliff Energy Trading Up 2.8 %
Shares of Birchcliff Energy stock traded up $0.12 during trading on Friday, hitting $4.26. The stock had a trading volume of 30,682 shares, compared to its average volume of 99,892. Birchcliff Energy has a 1 year low of $3.15 and a 1 year high of $4.87. The stock has a 50 day simple moving average of $4.18 and a 200 day simple moving average of $3.95. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $1.16 billion, a PE ratio of 30.41 and a beta of 0.53.
Birchcliff Energy (OTCMKTS:BIREF - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.09 earnings per share for the quarter. Birchcliff Energy had a net margin of 9.39% and a return on equity of 2.49%.
Birchcliff Energy Cuts Dividend
The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a dividend of $0.0209 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a dividend yield of 2.44%. Birchcliff Energy's dividend payout ratio (DPR) is 57.14%.
About Birchcliff Energy
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Get Free ReportBirchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta.
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