Birchcliff Energy - BIR Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Birchcliff Energy in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BIR shares.
View BIR analyst ratings or view top-rated stocks.

9 brokers have issued 1 year price targets for Birchcliff Energy's shares. Their BIR share price forecasts range from C$9.00 to C$18.00. On average, they anticipate the company's stock price to reach C$13.00 in the next twelve months. This suggests a possible upside of 54.0% 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 the year. Since then, BIR stock has decreased by 10.5% and is now trading at C$8.44.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our BIR earnings forecast.

Birchcliff Energy Ltd. (TSE:BIR) released its quarterly earnings data on Wednesday, November, 9th. The oil and natural gas company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.36. The oil and natural gas company earned $339.53 million during the quarter, compared to analyst estimates of $374.90 million.

Birchcliff Energy announced a quarterly dividend on Thursday, January 19th. Shareholders of record on Wednesday, March 15th will be paid a dividend of 0.20 per share on Friday, March 31st. This represents a $0.80 annualized dividend and a dividend yield of 9.48%. The ex-dividend date is Tuesday, March 14th. This is a boost from the stock's previous quarterly dividend of C$0.02.
Read our dividend analysis for BIR.

Birchcliff Energy (TSE:BIR) pays an annual dividend of C$0.06 per share and currently has a dividend yield of 9.16%. BIR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 2.40%. 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$8.44.

Birchcliff Energy (TSE:BIR) has a market capitalization of C$2.24 billion and generates C$1.37 billion in revenue each year.

The company employs 204 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.