PAST TOP PICK
(A Top Pick Apr 04/22, Down 0.5%)

The oil and gas sector has been under-invested for a long time so there is good upside in the long term. It has a good balance sheet, nice dividend, good revenue and value. The downside is limited.

oil / gas
TOP PICK

Very cheap. Huge upside potential. CEO says he'll cut capex before he'll cut the dividend. Lovely yield of 9.26%.

(Analysts’ price target is $12.17)
oil / gas
DON'T BUY

Not a great company to own at current share price.
Good time to sell shares.
Currently not covering dividend with strip price
Will have to take on debt.
Better names to own in sector.

oil / gas
COMMENT
Rotate between BIR and MEG?

Makes sense. MEG is a pure oil play with long-life reserves, and BIR is more levered to natural gas. You're adding a new level of risk to switch back and forth. The risk is you do it at the wrong time and end up losing. The volatility is beautiful on the upside, but kills you on the downside. Instead, buy ARX with decent nat gas, and a light oil play since they bought Seven Generations, and production growth. Then you don't have to make the decisions about moving back and forth. 

oil / gas
BUY

Gas weighted company.
Long term is a good investment, but will be volatile in the short time.
LNG in Canada starting soon.
9% dividend yield with current share price.
Finally have clean balance sheet (lowered debt).

oil / gas
DON'T BUY
BIR vs. PEY vs. ARX

LNG Canada is bringing a significant export opportunity for all Canadian nat gas companies towards the end of 2025. This will be transformational. He likes all Canadian nat gas producers on a volume basis. His preference is ARX, as it's diversified with undeveloped land. Prefers PEY to BIR; management is stronger, though its dividend will be subject to commodity prices, can grow production long-term. 

oil / gas
COMMENT
Share have been hurt because of weak natural gas prices. BIR's debt-free aims may be delayed by a year because of this. He is positive nat gas, because the move to renewables from fossil fuels will take time.
oil / gas
HOLD
Doesn't like natural gas. Good dividend yield. Good management team, but better idea out there.
oil / gas
BUY
Recent special dividend, and he admires this conservative use of capital for cyclicals. Doesn't hedge a lot, so lots of torque with commodity pricing. If you think nat gas will be under pressure this winter, BIR is good to hold onto. PE is relatively low, because earnings are high, and that's when you have to be careful. Good balance sheet.
oil / gas
COMMENT
Trading at 2.6 X. Used free cash flow for dividends - companies should be using it for share buybacks. so it gets a re-rating on price. TOU or ARC are better for gas companies.
oil / gas
BUY
Is a long term shareholder of the company. Given strength of energy prices, is a very strong company. Politically stable country. Large amounts of cash flow generation. Very high quality name with good management team. Would recommend buying.
oil / gas
BUY
Very straight forward management team with clear intentions. Company has committed to eliminating debt and increasing dividend. Looking at ~8% dividend yield going forward. Good company if shareholders looking for dividends. Sees more upside in other energy companies.
oil / gas
DON'T BUY
BIR vs. CPG CPG is more balanced oil and nat gas, whereas BIR has more nat gas. CPG has had a good turnaround from new management. CPG is cheap on free cashflow basis, and he'd definitely look at it at these prices.
oil / gas
BUY
Believes company is a strong natural gas producer. Expecting increasing share price, dividends and stock buybacks. Natural gas pricing environment to remain strong. Thinks natural gas prices will remain high with LNG expansion in Canada.
oil / gas
PAST TOP PICK
(A Top Pick Mar 24/20, Up 1376%) Big beneficiary of nat gas LNG on the west coast. $20 target on it. Will be out of debt by the end of this year, lots of free cashflow, unhedged. Premier company. Potential takeover. A buy on any weakness. He sold on recession concerns.
oil / gas
Showing 1 to 15 of 176 entries

Birchcliff Energy Ltd.(BIR-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 10

Stockchase rating for Birchcliff Energy Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Birchcliff Energy Ltd.(BIR-T) Frequently Asked Questions

What is Birchcliff Energy Ltd. stock symbol?

Birchcliff Energy Ltd. is a Canadian stock, trading under the symbol BIR-T on the Toronto Stock Exchange (BIR-CT). It is usually referred to as TSX:BIR or BIR-T

Is Birchcliff Energy Ltd. a buy or a sell?

In the last year, 10 stock analysts published opinions about BIR-T. 6 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Birchcliff Energy Ltd..

Is Birchcliff Energy Ltd. a good investment or a top pick?

Birchcliff Energy Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Birchcliff Energy Ltd..

Why is Birchcliff Energy Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Birchcliff Energy Ltd. worth watching?

10 stock analysts on Stockchase covered Birchcliff Energy Ltd. In the last year. It is a trending stock that is worth watching.

What is Birchcliff Energy Ltd. stock price?

On 2023-06-02, Birchcliff Energy Ltd. (BIR-T) stock closed at a price of $7.87.