Birchcliff Energy Ltd. to Issue Quarterly Dividend of $0.03 (TSE:BIR)

Key Points

• Birchcliff Energy Ltd. declared a quarterly dividend of $0.03 per share, with the payment scheduled for September 29th to shareholders on record as of September 15th.
• The company has a market capitalization of C$1.65 billion and the stock recently traded at C$6.04, showing a slight increase of 0.2%.
• Birchcliff Energy operates primarily in the Peace River Arch region of Alberta, focusing on the exploration and production of natural gas and light oil resources.

Birchcliff Energy Ltd. (TSE:BIR - Get Free Report) declared a quarterly dividend on Monday, September 15th, TickerTech Dividends reports. Shareholders of record on Monday, September 29th will be paid a dividend of 0.03 per share by the oil and natural gas company on Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, September 15th.

Birchcliff Energy Trading Up 0.2%

Shares of Birchcliff Energy stock traded up C$0.01 during trading hours on Friday, reaching C$6.04. 1,810,492 shares of the company's stock were exchanged, compared to its average volume of 1,087,019. The company has a current ratio of 1.01, a quick ratio of 0.97 and a debt-to-equity ratio of 27.63. The firm has a market capitalization of C$1.65 billion, a price-to-earnings ratio of 21.57, a price-to-earnings-growth ratio of 0.35 and a beta of 0.39. The company has a fifty day moving average of C$6.50 and a 200-day moving average of C$6.41. Birchcliff Energy has a 52-week low of C$4.53 and a 52-week high of C$7.86.

Birchcliff Energy Company Profile

Birchcliff Energy Ltd is an intermediate oil and gas company that explores for, develops, and produces natural gas, light oil, and natural gas liquids. The company conducts its drilling program in resource plays located in the Peace River Arch region of Alberta. Birchcliff focuses on operating nearly all its high working production, which is surrounded by blocks of high working interest lands where it owns and/or controls the infrastructure.

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