Birchcliff Energy Ltd. (BIREF)
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 $4.58, down 0.65% on the session, giving a market capitalisation of $1.26B. On trailing twelve-month figures it carries a trailing P/E of 25.92, a net margin of 9.6%. Its beta of 0.16 implies it has historically moved less than the broad market.
Birchcliff Energy Ltd. is a mid-sized Canadian energy firm primarily engaged in the full lifecycle of hydrocarbon resource development, encompassing the acquisition, exploration, development, and production of natural gas, light oil, condensate, and natural gas liquids throughout Western Canada. A significant portion of its operations are centered within the prolific Montney/Doig geological formation, situated approximately 95 kilometers northwest of Grande Prairie, Alberta. Additionally, Birchcliff maintains holdings in other key regions of Alberta, such as the Elmworth and Progress areas. As of December 31, 2021, the company's operational footprint included a comprehensive network of gas processing plants, oil batteries, compressors, and related facilities, alongside 200,712 net acres of prospective undeveloped land. At that same date, its total estimated proved plus probable reserves stood at an impressive 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: