Birchcliff Energy (BIR) Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Birchcliff Energy in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BIR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BIR, but not buy additional shares or sell existing shares.
View BIR analyst ratings or view top-rated stocks.

9 brokerages have issued 12-month price targets for Birchcliff Energy's stock. Their BIR share price forecasts range from C$8.00 to C$18.00. On average, they predict the company's stock price to reach C$11.02 in the next twelve months. This suggests a possible upside of 43.1% from the stock's current price.
View analysts price targets for BIR or view top-rated stocks among Wall Street analysts.

Birchcliff Energy's stock was trading at C$9.43 at the beginning of 2023. Since then, BIR stock has decreased by 18.3% and is now trading at C$7.70.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our BIR earnings forecast.

Birchcliff Energy Ltd. (TSE:BIR) posted its quarterly earnings results on Thursday, August, 10th. The oil and natural gas company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.13. The oil and natural gas company had revenue of $171.29 million for the quarter, compared to analyst estimates of $159.90 million. Birchcliff Energy had a trailing twelve-month return on equity of 13.96% and a net margin of 27.12%.

Birchcliff Energy declared a quarterly dividend on Thursday, September 14th. Investors of record on Friday, September 29th will be given a dividend of 0.20 per share on Friday, September 29th. This represents a $0.80 annualized dividend and a dividend yield of 10.39%. The ex-dividend date of this dividend is Thursday, September 14th.
Read our dividend analysis for BIR.

Birchcliff Energy (TSE:BIR) pays an annual dividend of C$0.80 per share and currently has a dividend yield of 10.40%. BIR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 69.57%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BIR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Birchcliff Energy investors own include Baytex Energy (BTE), Bombardier, Inc. Class B (BBD.B), Inter Pipeline (IPL), Whitecap Resources (WCP), Air Canada (AC), Enbridge (ENB), Suncor Energy (SU), Bank of America (BAC) and MEG Energy (MEG).

Birchcliff Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BIR."

Shares of BIR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of BIR stock can currently be purchased for approximately C$7.70.

Birchcliff Energy (TSE:BIR) has a market capitalization of C$2.05 billion and generates C$1.16 billion in revenue each year. The oil and natural gas company earns C$314.24 million in net income (profit) each year or C$1.15 on an earnings per share basis.

The company employs 219 workers across the globe.

Birchcliff Energy's mailing address is 600 3 Ave SW Suite 1000, CALGARY, AB T2P 0G5, Canada. The official website for the company is birchcliffenergy.com. The oil and natural gas company can be reached via phone at +1-403-2616401.