Birchcliff Energy Ltd. (BIR.TO)
Birchcliff Energy Ltd. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $6.38, down 0.47% on the session, giving a market capitalisation of $1.75B. Its beta of 0.15 implies it has historically moved less than the broad market.
Birchcliff Energy Ltd. operates as an intermediate energy producer, focusing on the acquisition, exploration, development, and extraction of various hydrocarbon resources, including natural gas, light oil, condensate, and natural gas liquids, across Western Canada. The company's core operations are largely centered on its holdings within the Montney/Doig resource play, located roughly 95 kilometers northwest of Grande Prairie, Alberta. Beyond this key area, its asset base also extends to other properties in Alberta, particularly within the Elmworth and Progress regions. As of December 31, 2021, Birchcliff possessed a substantial portfolio of infrastructure, encompassing gas plants, oil batteries, compressors, and associated facilities. At that time, the company also reported ownership of 200,712 net acres of undeveloped land, alongside significant proved plus probable reserves totaling 1,022 million barrels of oil equivalent. Established in 2004, Birchcliff Energy Ltd. is headquartered in Calgary, Canada.
Birchcliff Energy Ltd. is most often compared with the following Energy names: