Birchcliff Energy Ltd. (OTCMKTS:BIREF - Get Free Report) has earned an average recommendation of "Strong Buy" from the six brokerages that are covering the company, Marketbeat reports. Six investment analysts have rated the stock with a strong buy rating.
BIREF has been the topic of several research reports. TD Securities upgraded shares of Birchcliff Energy from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Cibc World Mkts raised Birchcliff Energy from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 13th. Canaccord Genuity Group raised shares of Birchcliff Energy from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 13th. National Bank Financial raised shares of Birchcliff Energy from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 22nd. Finally, Cormark raised shares of Birchcliff Energy to a "strong-buy" rating in a report on Thursday, March 13th.
View Our Latest Stock Analysis on BIREF
Birchcliff Energy Trading Up 4.2 %
Shares of BIREF stock traded up $0.17 during trading hours on Wednesday, hitting $4.07. 23,575 shares of the company were exchanged, compared to its average volume of 115,547. The firm has a fifty day moving average of $4.11 and a 200 day moving average of $3.93. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.22. Birchcliff Energy has a 1 year low of $3.15 and a 1 year high of $4.87. The firm has a market cap of $1.10 billion, a PE ratio of 29.05 and a beta of 0.51.
Birchcliff Energy (OTCMKTS:BIREF - Get Free Report) last announced its quarterly earnings results 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 business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a $0.0209 dividend. This represents a dividend yield of 2.44%. The ex-dividend date of this dividend was Friday, March 14th. Birchcliff Energy's dividend payout ratio is currently 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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