Shares of Birchcliff Energy Ltd. (TSE:BIR) have earned an average rating of “Hold” from the thirteen research firms that are covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is C$4.04.
A number of research analysts have recently issued reports on the company. National Bank Financial dropped their price objective on Birchcliff Energy from C$4.50 to C$4.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 2nd. Tudor Pickering & Holt downgraded Birchcliff Energy from a “hold” rating to a “sell” rating and set a C$1.50 price target on the stock. in a research note on Thursday. Tudor Pickering downgraded Birchcliff Energy from a “hold” rating to a “sell” rating and set a C$1.50 price target on the stock. in a research note on Thursday. Laurentian Bank of Canada set a C$5.00 price target on Birchcliff Energy in a research note on Thursday. Finally, CIBC dropped their price target on Birchcliff Energy from C$4.00 to C$3.50 in a research note on Tuesday, October 15th.
Shares of TSE:BIR opened at C$1.76 on Thursday. The company has a market capitalization of $468.05 million and a price-to-earnings ratio of 15.44. The company has a debt-to-equity ratio of 41.06, a current ratio of 0.43 and a quick ratio of 0.38. The business’s 50-day moving average is C$2.37 and its 200-day moving average is C$2.27. Birchcliff Energy has a 1 year low of C$1.69 and a 1 year high of C$4.00.
Birchcliff Energy (TSE:BIR) last announced its quarterly earnings data on Thursday, November 14th. The oil and natural gas company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.03). The firm had revenue of C$130.59 million during the quarter, compared to the consensus estimate of C$145.00 million. Analysts anticipate that Birchcliff Energy will post 0.27 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were issued a $0.0262 dividend. This represents a $0.10 annualized dividend and a dividend yield of 5.95%. The ex-dividend date of this dividend was Friday, December 13th. Birchcliff Energy’s dividend payout ratio is presently 91.01%.
Birchcliff Energy Company Profile
Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids in Western Canada. The company holds interests in the Montney/Doig resource play, as well as other assets located in the Peace River Arch area of Alberta.
Further Reading: What are the benefits of a portfolio tracker?
Receive News & Ratings for Birchcliff Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Birchcliff Energy and related companies with MarketBeat.com's FREE daily email newsletter.