Weekly Research Analysts’ Ratings Updates for Birchcliff Energy (BIR)

A number of research firms have changed their ratings and price targets for Birchcliff Energy (TSE: BIR):

  • 3/13/2025 – Birchcliff Energy was upgraded by analysts at Cibc World Mkts from a “hold” rating to a “strong-buy” rating.
  • 3/13/2025 – Birchcliff Energy was upgraded by analysts at Cormark to a “strong-buy” rating.
  • 3/13/2025 – Birchcliff Energy was given a new C$8.00 price target on by analysts at National Bankshares, Inc.. They now have an “outperform” rating on the stock.
  • 3/13/2025 – Birchcliff Energy was upgraded by analysts at CIBC from a “neutral” rating to an “outperform” rating. They now have a C$8.00 price target on the stock, up previously from C$7.00.
  • 3/13/2025 – Birchcliff Energy was upgraded by analysts at Canaccord Genuity Group Inc. from a “hold” rating to a “buy” rating. They now have a C$7.00 price target on the stock, up previously from C$6.00.

Birchcliff Energy Trading Up 0.9 %

Shares of TSE:BIR opened at C$6.88 on Thursday. The company has a current ratio of 1.01, a quick ratio of 0.97 and a debt-to-equity ratio of 27.63. Birchcliff Energy Ltd. has a 12-month low of C$4.53 and a 12-month high of C$6.95. The business has a 50 day moving average of C$5.89 and a two-hundred day moving average of C$5.56. The company has a market capitalization of C$1.87 billion, a PE ratio of 120.51, a PEG ratio of 0.35 and a beta of 1.93.

Birchcliff Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were issued a $0.03 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.12 dividend on an annualized basis and a yield of 1.74%. Birchcliff Energy’s payout ratio is 700.63%.

Insiders Place Their Bets

In other Birchcliff Energy news, Senior Officer Hue Tran sold 30,000 shares of the stock in a transaction on Friday, March 21st. The shares were sold at an average price of C$6.30, for a total transaction of C$189,000.00. 1.55% of the stock is currently owned by company insiders.

Birchcliff Energy Ltd is an intermediate oil and gas company that explores for, develops, and produces natural gas, light oil, and natural gas liquids. The company conducts its drilling program in resource plays located in the Peace River Arch region of Alberta. Birchcliff focuses on operating nearly all its high working production, which is surrounded by blocks of high working interest lands where it owns and/or controls the infrastructure.

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