Birchcliff Energy Ltd. (OTCMKTS:BIREF) Short Interest Down 5.7% in September

Birchcliff Energy Ltd. (OTCMKTS:BIREF - Get Free Report) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 16,259,000 shares, a decline of 5.7% from the September 15th total of 17,246,000 shares. Based on an average daily trading volume, of 75,600 shares, the days-to-cover ratio is currently 215.1 days.

Birchcliff Energy Stock Performance

Shares of BIREF stock remained flat at $3.94 during trading hours on Wednesday. 210,232 shares of the stock traded hands, compared to its average volume of 108,314. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.22. The stock has a fifty day moving average of $4.26 and a two-hundred day moving average of $4.29. Birchcliff Energy has a twelve month low of $3.42 and a twelve month high of $5.90. The firm has a market capitalization of $1.06 billion, a PE ratio of 35.77 and a beta of 0.62.

Birchcliff Energy (OTCMKTS:BIREF - Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.12 EPS for the quarter. The business had revenue of $107.42 million for the quarter. Birchcliff Energy had a return on equity of 1.82% and a net margin of 6.05%. On average, equities analysts expect that Birchcliff Energy will post 0.73 EPS for the current fiscal year.

Birchcliff Energy Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 16th were issued a dividend of $0.073 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a dividend yield of 6.99%. Birchcliff Energy's dividend payout ratio (DPR) is presently 263.64%.

Birchcliff Energy Company Profile

Birchcliff 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.