Investment Analysts’ Recent Ratings Changes for Birchcliff Energy (BIR)

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

• 1/30/2025 – Birchcliff Energy was upgraded by analysts at National Bankshares, Inc. from a “sector perform” rating to an “outperform” rating. They now have a C$8.00 price target on the stock, up previously from C$6.00.
• 1/30/2025 – Birchcliff Energy was upgraded by analysts at TD Securities from a “hold” rating to a “buy” rating. They now have a C$7.00 price target on the stock, up previously from C$5.50.
• 1/23/2025 – Birchcliff Energy was upgraded by analysts at TD Securities from a “hold” rating to a “strong-buy” rating.
• 1/22/2025 – Birchcliff Energy was upgraded by analysts at National Bank Financial from a “hold” rating to a “strong-buy” rating.
• 1/17/2025 – Birchcliff Energy was upgraded by analysts at Scotiabank from a “sector perform” rating to an “outperform” rating.
• 1/17/2025 – Birchcliff Energy had its price target raised by analysts at CIBC from C$5.75 to C$6.00.

Birchcliff Energy Stock Up 1.1 %

TSE BIR traded up C$0.06 during trading on Monday, hitting C$5.77. The company’s stock had a trading volume of 1,005,864 shares, compared to its average volume of 1,121,516. The company has a market cap of C$1.55 billion, a PE ratio of 36.06, a P/E/G ratio of 0.35 and a beta of 1.93. The company has a debt-to-equity ratio of 22.26, a current ratio of 1.52 and a quick ratio of 0.97. The business’s 50 day simple moving average is C$5.39 and its 200-day simple moving average is C$5.60. Birchcliff Energy Ltd. has a fifty-two week low of C$4.53 and a fifty-two week high of C$6.54.

Birchcliff Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.10 per share. The ex-dividend date was Friday, December 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 6.93%. Birchcliff Energy’s payout ratio is currently 250.00%.

Insider Transactions at Birchcliff Energy

In other news, Director Aaron Jeffery Tonken sold 200,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of C$5.53, for a total transaction of C$1,106,000.00. Also, Senior Officer Hue Tran sold 28,600 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of C$5.10, for a total transaction of C$145,860.00. Insiders have sold 260,000 shares of company stock valued at $1,409,488 in the last 90 days. 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.