View ValuationBirchcliff Energy 将来の成長Future 基準チェック /16 Birchcliff Energyは収益が増加すると予測されています。主要情報n/a収益成長率n/aEPS成長率Oil and Gas 収益成長9.8%収益成長率11.0%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日14 May 2026今後の成長に関する最新情報お知らせ • May 15+ 1 more updateBirchcliff Energy Ltd. Reaffirms Production Guidance for the Year 2026Birchcliff Energy Ltd. reaffirmed production guidance for the year 2026. For the year, the company expects annual average production of 81,000 boe/d to 84,000 boe/d. d F&D capital expenditures guidance of CAD 325 million to CAD 375 million are unchanged, with production expected to reach ~87,500 boe/d in Fourth Quarter 2026 at the high end of capital spending.Major Estimate Revision • Dec 16Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CA$706.0m to CA$721.0m. EPS estimate increased from CA$0.23 to CA$0.27 per share. Net income forecast to grow 70% next year vs 12% growth forecast for Oil and Gas industry in Canada. Consensus price target broadly unchanged at CA$8.69. Share price fell 4.4% to CA$7.19 over the past week.お知らせ • Nov 13+ 1 more updateBirchcliff Energy Ltd. Revises Production Guidance for the Full Year 2025 and Provides Production Guidance for the Fourth Quarter of 2025Birchcliff Energy Ltd. revised production guidance for the full year of 2025 and Provides Production Guidance for the Fourth Quarter of 2025. As a result of asset outperformance and strong operational execution in 2025, the company are increasing 2025 full-year production guidance to 79,000 to 80,000 boe/d (previously 76,000 to 79,000 boe/d), with Fourth Quarter 2025 production expected to average approximately 81,500 boe/d. Birchcliff expects to generate significant free funds flow in Fourth Quarter 2025, which will be primarily used to reduce total debt by approximately 14% from year end 2024. Birchcliff’s Fourth Quarter 2025 production is expected to average approximately 81,500 boe/d.お知らせ • Aug 14+ 1 more updateBirchcliff Energy Ltd. Reaffirms Production Guidance for the Year 2025Birchcliff Energy Ltd. reaffirmed production guidance for the year 2025. For the year, the company expects annual average production of 76,000 boe/d to 79,000 boe/d.Price Target Changed • Jan 23Price target increased by 9.1% to CA$7.18Up from CA$6.58, the current price target is an average from 11 analysts. New target price is 18% above last closing price of CA$6.08. Stock is up 14% over the past year. The company is forecast to post earnings per share of CA$0.11 for next year compared to CA$0.037 last year.お知らせ • Nov 15+ 1 more updateBirchcliff Energy Ltd. Updates Production Guidance for the Year 2024 and Provides Preliminary Production Guidance for the Year 2025Birchcliff Energy Ltd. updated production guidance for the year 2024 and provides preliminary production guidance for the year 2025. The company maintaining its annual average production guidance of 75,000 boe/d to 77,000 boe/d against the previously forecasted 75,000 boe/d to 77,000 boe/d. Based on its preliminary budgeting process for 2025 and current commodity price outlook, company is targeting annual average production of 76,000 boe/d to 79,000 boe/d in 2025.すべての更新を表示Recent updatesライブニュース • 19hBirchcliff Energy Rises on Higher Q1 Production and New Quarterly Dividend AnnouncementBirchcliff Energy’s stock moved sharply higher after the company reported solid Q1 2026 operational results, including a 6% year-over-year rise in average production. Management highlighted what it described as effective financial management and a focus on profitable growth as key supports for the quarter. The company also announced a quarterly cash dividend, signaling an ongoing commitment to direct cash returns to shareholders. The combination of higher production and a declared dividend points to a company that is currently prioritizing both operational scale and direct shareholder payouts. You may want to watch how sustainable this production level and dividend policy prove to be over coming quarters, especially in the context of commodity prices and any changes in capital spending.Upcoming Dividend • Jun 08Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 15 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Canadian dividend payers (5.4%). Lower than average of industry peers (3.4%).Declared Dividend • May 18First quarter dividend of CA$0.03 announcedDividend of CA$0.03 is the same as last year. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.8%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 2.0% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 66% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 15+ 1 more updateBirchcliff Energy Ltd. Reaffirms Production Guidance for the Year 2026Birchcliff Energy Ltd. reaffirmed production guidance for the year 2026. For the year, the company expects annual average production of 81,000 boe/d to 84,000 boe/d. d F&D capital expenditures guidance of CAD 325 million to CAD 375 million are unchanged, with production expected to reach ~87,500 boe/d in Fourth Quarter 2026 at the high end of capital spending.Reported Earnings • May 14First quarter 2026 earnings released: EPS: CA$0.25 (vs CA$0.24 in 1Q 2025)First quarter 2026 results: EPS: CA$0.25 (up from CA$0.24 in 1Q 2025). Revenue: CA$244.2m (up 24% from 1Q 2025). Net income: CA$70.0m (up 6.4% from 1Q 2025). Profit margin: 29% (down from 33% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 12Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CA$0.24 (up from CA$0.21 in FY 2024). Revenue: CA$707.2m (up 18% from FY 2024). Net income: CA$64.9m (up 16% from FY 2024). Profit margin: 9.2% (down from 9.3% in FY 2024). The decrease in margin was driven by higher expenses. Oil reserves Proven reserves: 9.261 MMbbls Gas reserves Proven reserves: 2980.724 Bcf LNG reserves Proven reserves: 73.21 MMbbls Combined production Oil equivalent production: 29.232 MMboe (27.994 MMboe in FY 2024) Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Mar 06Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 13 March 2026. Payment date: 31 March 2026. Payout ratio is a comfortable 71% and the cash payout ratio is 94%. Trailing yield: 1.7%. Lower than top quartile of Canadian dividend payers (5.4%). Lower than average of industry peers (3.6%).お知らせ • Mar 03Birchcliff Energy Ltd., Annual General Meeting, May 14, 2026Birchcliff Energy Ltd., Annual General Meeting, May 14, 2026.分析記事 • Feb 12Birchcliff Energy's (TSE:BIR) Dividend Will Be CA$0.03Birchcliff Energy Ltd.'s ( TSE:BIR ) investors are due to receive a payment of CA$0.03 per share on 31st of March. This...お知らせ • Feb 12Birchcliff Energy Ltd. Appoints Chris Carlsen to the Board of Directors, Effective February 11, 2026Birchcliff Energy Ltd. announced that Chris Carlsen has been appointed to the board of directors of the Corporation, effective February 11, 2026.分析記事 • Jan 24Birchcliff Energy (TSE:BIR) Will Pay A Dividend Of CA$0.03Birchcliff Energy Ltd. ( TSE:BIR ) has announced that it will pay a dividend of CA$0.03 per share on the 31st of March...Declared Dividend • Jan 23Third quarter dividend of CA$0.03 announcedDividend of CA$0.03 is the same as last year. Ex-date: 13th March 2026 Payment date: 31st March 2026 Dividend yield will be 1.6%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but not adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 2.0% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 58% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 22+ 2 more updatesBirchcliff Energy Ltd. to Report Fiscal Year 2025 Results on Feb 11, 2026Birchcliff Energy Ltd. announced that they will report fiscal year 2025 results on Feb 11, 2026Major Estimate Revision • Dec 16Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CA$706.0m to CA$721.0m. EPS estimate increased from CA$0.23 to CA$0.27 per share. Net income forecast to grow 70% next year vs 12% growth forecast for Oil and Gas industry in Canada. Consensus price target broadly unchanged at CA$8.69. Share price fell 4.4% to CA$7.19 over the past week.Recent Insider Transactions Derivative • Dec 12Vice President of Operations exercised options and sold CA$203k worth of stockOn the 4th of December, Duane Thompson exercised 33k options at a strike price of around CA$1.81 and sold these shares for an average price of CA$7.88 per share. This trade did not impact their existing holding. Since June 2025, Duane's direct individual holding has increased from 40.44k shares to 44.44k. Company insiders have collectively sold CA$2.6m more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Dec 08Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 15 December 2025. Payment date: 31 December 2025. Payout ratio is a comfortable 71% and the cash payout ratio is 94%. Trailing yield: 1.5%. Lower than top quartile of Canadian dividend payers (5.9%). Lower than average of industry peers (4.2%).分析記事 • Nov 29Market Participants Recognise Birchcliff Energy Ltd.'s (TSE:BIR) Earnings Pushing Shares 25% HigherBirchcliff Energy Ltd. ( TSE:BIR ) shareholders have had their patience rewarded with a 25% share price jump in the...Recent Insider Transactions Derivative • Nov 23CFO & Executive VP exercised options and sold CA$383k worth of stockOn the 20th of November, Bruno Geremia exercised 67k options at a strike price of around CA$1.81 and sold these shares for an average price of CA$7.55 per share. This trade did not impact their existing holding. Since December 2024, Bruno has owned 835.00k shares directly. Company insiders have collectively sold CA$2.3m more than they bought, via options and on-market transactions in the last 12 months.Declared Dividend • Nov 16Third quarter dividend of CA$0.03 announcedShareholders will receive a dividend of CA$0.03. Ex-date: 15th December 2025 Payment date: 31st December 2025 Dividend yield will be 1.7%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but not adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 2.0% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 110% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 14Third quarter 2025 earnings released: CA$0.05 loss per share (vs CA$0.039 loss in 3Q 2024)Third quarter 2025 results: CA$0.05 loss per share (further deteriorated from CA$0.039 loss in 3Q 2024). Revenue: CA$135.1m (up 5.5% from 3Q 2024). Net loss: CA$14.1m (loss widened 35% from 3Q 2024). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.お知らせ • Nov 13+ 1 more updateBirchcliff Energy Ltd. Revises Production Guidance for the Full Year 2025 and Provides Production Guidance for the Fourth Quarter of 2025Birchcliff Energy Ltd. revised production guidance for the full year of 2025 and Provides Production Guidance for the Fourth Quarter of 2025. As a result of asset outperformance and strong operational execution in 2025, the company are increasing 2025 full-year production guidance to 79,000 to 80,000 boe/d (previously 76,000 to 79,000 boe/d), with Fourth Quarter 2025 production expected to average approximately 81,500 boe/d. Birchcliff expects to generate significant free funds flow in Fourth Quarter 2025, which will be primarily used to reduce total debt by approximately 14% from year end 2024. Birchcliff’s Fourth Quarter 2025 production is expected to average approximately 81,500 boe/d.お知らせ • Nov 01Birchcliff Energy Ltd. announced that it has received CAD 0.86 million in fundingBirchcliff Energy Ltd. announced a non-brokered private placement to issue 43,000,000 shares at an issue price of CAD 0.02 per share for gross proceeds of CAD 860,000 on October 31, 2025. The common shares issued pursuant to the offering are subject to a hold period of four months and a day from the date of closing of the offering. No finders' fees were paid in connection with the offering.分析記事 • Oct 22Returns At Birchcliff Energy (TSE:BIR) Are On The Way UpWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Upcoming Dividend • Sep 08Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 15 September 2025. Payment date: 29 September 2025. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 1.9%. Lower than top quartile of Canadian dividend payers (5.8%). Lower than average of industry peers (4.5%).Declared Dividend • Aug 17Second quarter dividend of CA$0.03 announcedShareholders will receive a dividend of CA$0.03. Ex-date: 15th September 2025 Payment date: 29th September 2025 Dividend yield will be 3.0%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio) nor is it covered by cash flows (108% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 2.2% to bring the payout ratio under control. EPS is expected to grow by 56% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Aug 14Second quarter 2025 earnings released: CA$0.15 loss per share (vs CA$0.17 profit in 2Q 2024)Second quarter 2025 results: CA$0.15 loss per share (down from CA$0.17 profit in 2Q 2024). Revenue: CA$135.4m (down 13% from 2Q 2024). Net loss: CA$13.9m (down 130% from profit in 2Q 2024). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.お知らせ • Aug 14+ 1 more updateBirchcliff Energy Ltd. Reaffirms Production Guidance for the Year 2025Birchcliff Energy Ltd. reaffirmed production guidance for the year 2025. For the year, the company expects annual average production of 76,000 boe/d to 79,000 boe/d.分析記事 • Jun 26Birchcliff Energy (TSE:BIR) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Recent Insider Transactions • Jun 18Chairman of the Board recently sold CA$885k worth of stockOn the 13th of June, A. Tonken sold around 120k shares on-market at roughly CA$7.39 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was A.'s only on-market trade for the last 12 months.Upcoming Dividend • Jun 06Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 13 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Canadian dividend payers (6.2%). Lower than average of industry peers (4.8%).Declared Dividend • May 18First quarter dividend of CA$0.03 announcedShareholders will receive a dividend of CA$0.03. Ex-date: 13th June 2025 Payment date: 30th June 2025 Dividend yield will be 4.0%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 15First quarter 2025 earnings released: EPS: CA$0.24 (vs CA$0.056 loss in 1Q 2024)First quarter 2025 results: EPS: CA$0.24 (up from CA$0.056 loss in 1Q 2024). Revenue: CA$196.9m (up 24% from 1Q 2024). Net income: CA$65.7m (up CA$80.8m from 1Q 2024). Profit margin: 33% (up from net loss in 1Q 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.お知らせ • May 15+ 1 more updateBirchcliff Energy Ltd. Declares Dividend for the Second Quarter Ending June 30, 2025, Payable on June 30, 2025Birchcliff’s board of directors has declared a quarterly cash dividend of $0.03 per common share for the quarter ending June 30, 2025. The dividend will be payable on June 30, 2025 to shareholders of record at the close of business on June 13, 2025.分析記事 • May 08It Looks Like Birchcliff Energy Ltd.'s (TSE:BIR) CEO May Expect Their Salary To Be Put Under The MicroscopeKey Insights Birchcliff Energy to hold its Annual General Meeting on 15th of May CEO Chris Carlsen's total compensation...Recent Insider Transactions Derivative • Apr 27Chairman of the Board exercised options and sold CA$351k worth of stockOn the 25th of April, A. Tonken exercised 80k options at a strike price of around CA$1.81 and sold these shares for an average price of CA$6.18 per share. This trade did not impact their existing holding. Since December 2024, Tonken has owned 1.48m shares directly. Company insiders have collectively sold CA$1.6m more than they bought, via options and on-market transactions in the last 12 months.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CA$5.52, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total loss to shareholders of 28% over the past three years.分析記事 • Apr 03Earnings Tell The Story For Birchcliff Energy Ltd. (TSE:BIR) As Its Stock Soars 28%The Birchcliff Energy Ltd. ( TSE:BIR ) share price has done very well over the last month, posting an excellent gain of...Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CA$5.92, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Negligible returns to shareholders over past three years.Reported Earnings • Mar 13Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: CA$0.21 (up from CA$0.037 in FY 2023). Revenue: CA$601.4m (down 14% from FY 2023). Net income: CA$56.1m (up 474% from FY 2023). Profit margin: 9.3% (up from 1.4% in FY 2023). The increase in margin was driven by lower expenses. Oil reserves Proven reserves: 9.701 MMbbls Gas reserves Proven reserves: 3078.54 Bcf LNG reserves Proven reserves: 72.227 MMbbls Combined production Oil equivalent production: 27.994 MMboe (27.63 MMboe in FY 2023) Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 91%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Mar 07Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 14 March 2025. Payment date: 31 March 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.7%. Within top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (4.9%).分析記事 • Mar 04Birchcliff Energy (TSE:BIR) Is Paying Out Less In Dividends Than Last YearBirchcliff Energy Ltd.'s ( TSE:BIR ) dividend is being reduced by 70% to CA$0.03 per share on 31st of March, in...お知らせ • Mar 04Birchcliff Energy Ltd., Annual General Meeting, May 15, 2025Birchcliff Energy Ltd., Annual General Meeting, May 15, 2025.分析記事 • Feb 26Birchcliff Energy (TSE:BIR) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...分析記事 • Jan 26Birchcliff Energy's (TSE:BIR) Shareholders Will Receive A Smaller Dividend Than Last YearThe board of Birchcliff Energy Ltd. ( TSE:BIR ) has announced that the dividend on 31st of March will be reduced by 70...Declared Dividend • Jan 26Third quarter dividend reduced to CA$0.03Dividend of CA$0.03 is 70% lower than last year. Ex-date: 14th March 2025 Payment date: 31st March 2025 Dividend yield will be 5.4%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 8x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 871% to bring the payout ratio under control. EPS is expected to grow by 116% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Price Target Changed • Jan 23Price target increased by 9.1% to CA$7.18Up from CA$6.58, the current price target is an average from 11 analysts. New target price is 18% above last closing price of CA$6.08. Stock is up 14% over the past year. The company is forecast to post earnings per share of CA$0.11 for next year compared to CA$0.037 last year.お知らせ • Jan 23+ 1 more updateBirchcliff Energy Ltd. Announces Annual Base Dividend Rate and Declares Dividend for First Quarter Ending March 31, 2025, Payable on March 31, 2025Birchcliff Energy Ltd. announced that the Board has approved an annual base dividend of $0.12 per common share for 2025. This annual base dividend will be declared and paid quarterly at the rate of $0.03 per common share, at the discretion of the Board. In connection therewith, the Board has declared a quarterly cash dividend of $0.03 per common share for the quarter ending March 31, 2025. The dividend will be payable on March 31, 2025 to shareholders of record at the close of business on March 14, 2025. The dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada).分析記事 • Jan 15Even With A 26% Surge, Cautious Investors Are Not Rewarding Birchcliff Energy Ltd.'s (TSE:BIR) Performance CompletelyBirchcliff Energy Ltd. ( TSE:BIR ) shareholders would be excited to see that the share price has had a great month...New Risk • Dec 12New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$299k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 8x earnings per share. Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (2.5% net profit margin). Significant insider selling over the past 3 months (CA$299k sold).Recent Insider Transactions • Dec 12VP of Legal recently sold CA$170k worth of stockOn the 9th of December, Robyn Bourgeois sold around 33k shares on-market at roughly CA$5.11 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$76k more than they sold in the last 12 months.Recent Insider Transactions Derivative • Dec 10President & CEO exercised options to buy CA$755k worth of stock.On the 5th of December, Christopher Carlsen exercised options to buy 150k shares at a strike price of around CA$2.32, costing a total of CA$348k. This transaction amounted to 61% of their direct individual holding at the time of the trade. Since December 2023, Christopher's direct individual holding has increased from 226.12k shares to 247.12k. Company insiders have collectively sold CA$1.2m more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Dec 06Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 13 December 2024. Payment date: 31 December 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 8.0%. Within top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (4.5%).分析記事 • Nov 29Return Trends At Birchcliff Energy (TSE:BIR) Aren't AppealingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Recent Insider Transactions Derivative • Nov 25Chairman of the Board exercised options and sold CA$642k worth of stockOn the 22nd of November, A. Tonken exercised 200k options at a strike price of around CA$2.32 and sold these shares for an average price of CA$5.53 per share. This trade did not impact their existing holding. Since March 2024, Tonken has owned 1.48m shares directly. Company insiders have collectively sold CA$1.4m more than they bought, via options and on-market transactions in the last 12 months.Declared Dividend • Nov 19Third quarter dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 13th December 2024 Payment date: 31st December 2024 Dividend yield will be 7.9%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 8x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 871% to bring the payout ratio under control. However, EPS has declined by 13% over the last 5 years so the company would need to reverse this trend.Reported Earnings • Nov 15Third quarter 2024 earnings released: CA$0.04 loss per share (vs CA$0.057 profit in 3Q 2023)Third quarter 2024 results: CA$0.04 loss per share (down from CA$0.057 profit in 3Q 2023). Revenue: CA$144.1m (down 15% from 3Q 2023). Net loss: CA$10.5m (down 169% from profit in 3Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Nov 15+ 1 more updateBirchcliff Energy Ltd. Updates Production Guidance for the Year 2024 and Provides Preliminary Production Guidance for the Year 2025Birchcliff Energy Ltd. updated production guidance for the year 2024 and provides preliminary production guidance for the year 2025. The company maintaining its annual average production guidance of 75,000 boe/d to 77,000 boe/d against the previously forecasted 75,000 boe/d to 77,000 boe/d. Based on its preliminary budgeting process for 2025 and current commodity price outlook, company is targeting annual average production of 76,000 boe/d to 79,000 boe/d in 2025.分析記事 • Oct 04Investors Still Waiting For A Pull Back In Birchcliff Energy Ltd. (TSE:BIR)When close to half the companies in the Oil and Gas industry in Canada have price-to-sales ratios (or "P/S") below...分析記事 • Sep 07Birchcliff Energy (TSE:BIR) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Upcoming Dividend • Sep 06Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 13 September 2024. Payment date: 27 September 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.1%. Within top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (4.7%).Buy Or Sell Opportunity • Aug 30Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.2% to CA$5.89. The fair value is estimated to be CA$7.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Earnings per share has declined by 31%.Declared Dividend • Aug 18Second quarter dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 13th September 2024 Payment date: 27th September 2024 Dividend yield will be 8.1%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is not covered by earnings (392% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 336% to bring the payout ratio under control. EPS is expected to grow by 112% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Aug 15Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: CA$0.17 (up from CA$0.16 in 2Q 2023). Revenue: CA$221.8m (up 31% from 2Q 2023). Net income: CA$46.4m (up 8.5% from 2Q 2023). Profit margin: 21% (down from 25% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.お知らせ • Aug 15Birchcliff Energy Ltd. Maintains Production Guidance for the Year 2024Birchcliff Energy Ltd. maintains production guidance for the year 2024. The company currently expects to deliver annual average production 75,000 to 77,000 boe/d to reflect the outperformance of its capital program year-to-date.Buy Or Sell Opportunity • Aug 01Now 20% undervaluedOver the last 90 days, the stock has risen 4.1% to CA$5.83. The fair value is estimated to be CA$7.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 4.5%.Upcoming Dividend • Jun 07Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.4%. Within top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (4.8%).分析記事 • Jun 01Here's What's Concerning About Birchcliff Energy's (TSE:BIR) Returns On CapitalWhat underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a...Declared Dividend • May 19First quarter dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 10.0%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 5x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 456% to bring the payout ratio under control. EPS is expected to grow by 93% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • May 16First quarter 2024 earnings released: CA$0.06 loss per share (vs CA$0.16 loss in 1Q 2023)First quarter 2024 results: CA$0.06 loss per share (improved from CA$0.16 loss in 1Q 2023). Revenue: CA$130.2m (down 31% from 1Q 2023). Net loss: CA$15.0m (loss narrowed 65% from 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.お知らせ • May 16+ 1 more updateBirchcliff Energy Ltd. Maintains Production Guidance for the Year 2024Birchcliff Energy Ltd. maintains production guidance for the year 2024. The company currently expects to deliver annual average production of 74,000 to 77,000 boe/d against previous guidance of 74,000 to 77,000 boe/d.分析記事 • May 09We Think Birchcliff Energy (TSE:BIR) Is Taking Some Risk With Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Mar 15Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CA$0.04 (down from CA$2.46 in FY 2022). Revenue: CA$624.5m (down 56% from FY 2022). Net income: CA$9.78m (down 99% from FY 2022). Profit margin: 1.6% (down from 46% in FY 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) missed analyst estimates by 64%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year.お知らせ • Mar 14Birchcliff Energy Ltd. to Report Q1, 2024 Results on May 15, 2024Birchcliff Energy Ltd. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 15, 2024Buy Or Sell Opportunity • Mar 12Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to CA$5.49. The fair value is estimated to be CA$6.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company has become profitable.Upcoming Dividend • Mar 07Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 28 March 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.2%. Within top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (5.2%).Price Target Changed • Mar 07Price target decreased by 7.2% to CA$6.23Down from CA$6.71, the current price target is an average from 13 analysts. New target price is 13% above last closing price of CA$5.52. Stock is down 37% over the past year. The company is forecast to post earnings per share of CA$0.11 for next year compared to CA$2.46 last year.お知らせ • Mar 02Birchcliff Energy Ltd., Annual General Meeting, May 16, 2024Birchcliff Energy Ltd., Annual General Meeting, May 16, 2024.Recent Insider Transactions • Feb 26Chief Operating Officer recently sold CA$183k worth of stockOn the 22nd of February, Theo Van Der Werken sold around 34k shares on-market at roughly CA$5.35 per share. This transaction amounted to 80% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Theo's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Feb 22Chairman of the Board exercised options and sold CA$290k worth of stockOn the 16th of February, A. Tonken exercised 200k options at a strike price of around CA$3.55 and sold these shares for an average price of CA$5.00 per share. This trade did not impact their existing holding. Since March 2023, Tonken's direct individual holding has increased from 1.47m shares to 1.48m. Company insiders have collectively sold CA$1.2m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Feb 22Birchcliff Energy's (TSE:BIR) Dividend Will Be Reduced To CA$0.10Birchcliff Energy Ltd.'s ( TSE:BIR ) dividend is being reduced from last year's payment covering the same period to...分析記事 • Feb 09The Returns At Birchcliff Energy (TSE:BIR) Aren't GrowingFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Recent Insider Transactions • Jan 23Independent Director recently bought CA$255k worth of stockOn the 19th of January, Cameron Proctor bought around 50k shares on-market at roughly CA$5.09 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$437k more in shares than they have sold in the last 12 months.Declared Dividend • Jan 21Third quarter dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 14th March 2024 Payment date: 28th March 2024 Dividend yield will be 14%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is not covered by earnings (195% earnings payout ratio) nor is it covered by cash flows (194% cash payout ratio). The dividend has increased by an average of 35% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 116% to bring the payout ratio under control. EPS is expected to grow by 147% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CA$4.94, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Oil and Gas industry in Canada. Total returns to shareholders of 171% over the past three years.お知らせ • Jan 18+ 2 more updatesBirchcliff Energy Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024Birchcliff Energy Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024Price Target Changed • Jan 17Price target decreased by 8.6% to CA$8.14Down from CA$8.91, the current price target is an average from 14 analysts. New target price is 42% above last closing price of CA$5.74. Stock is down 34% over the past year. The company is forecast to post earnings per share of CA$0.24 for next year compared to CA$2.46 last year.業績と収益の成長予測TSX:BIR - アナリストの将来予測と過去の財務データ ( )CAD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2027874N/A137510312/31/2026814N/A11749333/31/202671769131434N/A12/31/202569665100408N/A9/30/20256667335360N/A6/30/20256487730347N/A3/31/2025640137-27265N/A12/31/202460156-79204N/A9/30/202461515-39237N/A6/30/202465641-40239N/A3/31/202466937-21274N/A12/31/20237001013321N/A9/30/202382185110466N/A6/30/2023951314296671N/A3/31/20231,126485487882N/A12/31/20221,198654557925N/A9/30/20221,119690600897N/A6/30/20221,142584550780N/A3/31/2022961414363587N/A12/31/2021877310283515N/A9/30/2021816245153391N/A6/30/20216378937288N/A3/31/20215785-33220N/A12/31/2020524-62-101188N/A9/30/2020547-121-104202N/A6/30/2020529-151-118198N/A3/31/2020558-121-18283N/A12/31/2019606-60N/A327N/A9/30/201957830N/A334N/A6/30/201959884N/A353N/A3/31/2019604100N/A327N/A12/31/201858398N/A324N/A9/30/201859252N/A321N/A6/30/2018554-77N/A323N/A3/31/2018556-66N/A309N/A12/31/2017528-51N/A288N/A9/30/2017497-65N/A289N/A6/30/201747955N/A241N/A3/31/201738314N/A190N/A12/31/2016317-28N/A141N/A9/30/2016263-50N/A95N/A6/30/2016252-44N/A115N/A3/31/2016287-25N/A131N/A12/31/2015306-16N/A149N/A9/30/201533310N/A182N/A6/30/201536235N/A221N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: BIRの予測収益成長が 貯蓄率 ( 3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: BIRの収益がCanadian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: BIRの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: BIRの収益 ( 11% ) Canadian市場 ( 4.5% ) よりも速いペースで成長すると予測されています。高い収益成長: BIRの収益 ( 11% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: BIRの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/11 17:42終値2026/06/11 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Birchcliff Energy Ltd. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関Patrick O'RourkeATB CormarkRandy OllenbergerBMO Capital Markets Equity ResearchMichael MuellerCanaccord Genuity15 その他のアナリストを表示
お知らせ • May 15+ 1 more updateBirchcliff Energy Ltd. Reaffirms Production Guidance for the Year 2026Birchcliff Energy Ltd. reaffirmed production guidance for the year 2026. For the year, the company expects annual average production of 81,000 boe/d to 84,000 boe/d. d F&D capital expenditures guidance of CAD 325 million to CAD 375 million are unchanged, with production expected to reach ~87,500 boe/d in Fourth Quarter 2026 at the high end of capital spending.
Major Estimate Revision • Dec 16Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CA$706.0m to CA$721.0m. EPS estimate increased from CA$0.23 to CA$0.27 per share. Net income forecast to grow 70% next year vs 12% growth forecast for Oil and Gas industry in Canada. Consensus price target broadly unchanged at CA$8.69. Share price fell 4.4% to CA$7.19 over the past week.
お知らせ • Nov 13+ 1 more updateBirchcliff Energy Ltd. Revises Production Guidance for the Full Year 2025 and Provides Production Guidance for the Fourth Quarter of 2025Birchcliff Energy Ltd. revised production guidance for the full year of 2025 and Provides Production Guidance for the Fourth Quarter of 2025. As a result of asset outperformance and strong operational execution in 2025, the company are increasing 2025 full-year production guidance to 79,000 to 80,000 boe/d (previously 76,000 to 79,000 boe/d), with Fourth Quarter 2025 production expected to average approximately 81,500 boe/d. Birchcliff expects to generate significant free funds flow in Fourth Quarter 2025, which will be primarily used to reduce total debt by approximately 14% from year end 2024. Birchcliff’s Fourth Quarter 2025 production is expected to average approximately 81,500 boe/d.
お知らせ • Aug 14+ 1 more updateBirchcliff Energy Ltd. Reaffirms Production Guidance for the Year 2025Birchcliff Energy Ltd. reaffirmed production guidance for the year 2025. For the year, the company expects annual average production of 76,000 boe/d to 79,000 boe/d.
Price Target Changed • Jan 23Price target increased by 9.1% to CA$7.18Up from CA$6.58, the current price target is an average from 11 analysts. New target price is 18% above last closing price of CA$6.08. Stock is up 14% over the past year. The company is forecast to post earnings per share of CA$0.11 for next year compared to CA$0.037 last year.
お知らせ • Nov 15+ 1 more updateBirchcliff Energy Ltd. Updates Production Guidance for the Year 2024 and Provides Preliminary Production Guidance for the Year 2025Birchcliff Energy Ltd. updated production guidance for the year 2024 and provides preliminary production guidance for the year 2025. The company maintaining its annual average production guidance of 75,000 boe/d to 77,000 boe/d against the previously forecasted 75,000 boe/d to 77,000 boe/d. Based on its preliminary budgeting process for 2025 and current commodity price outlook, company is targeting annual average production of 76,000 boe/d to 79,000 boe/d in 2025.
ライブニュース • 19hBirchcliff Energy Rises on Higher Q1 Production and New Quarterly Dividend AnnouncementBirchcliff Energy’s stock moved sharply higher after the company reported solid Q1 2026 operational results, including a 6% year-over-year rise in average production. Management highlighted what it described as effective financial management and a focus on profitable growth as key supports for the quarter. The company also announced a quarterly cash dividend, signaling an ongoing commitment to direct cash returns to shareholders. The combination of higher production and a declared dividend points to a company that is currently prioritizing both operational scale and direct shareholder payouts. You may want to watch how sustainable this production level and dividend policy prove to be over coming quarters, especially in the context of commodity prices and any changes in capital spending.
Upcoming Dividend • Jun 08Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 15 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Canadian dividend payers (5.4%). Lower than average of industry peers (3.4%).
Declared Dividend • May 18First quarter dividend of CA$0.03 announcedDividend of CA$0.03 is the same as last year. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.8%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 2.0% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 66% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 15+ 1 more updateBirchcliff Energy Ltd. Reaffirms Production Guidance for the Year 2026Birchcliff Energy Ltd. reaffirmed production guidance for the year 2026. For the year, the company expects annual average production of 81,000 boe/d to 84,000 boe/d. d F&D capital expenditures guidance of CAD 325 million to CAD 375 million are unchanged, with production expected to reach ~87,500 boe/d in Fourth Quarter 2026 at the high end of capital spending.
Reported Earnings • May 14First quarter 2026 earnings released: EPS: CA$0.25 (vs CA$0.24 in 1Q 2025)First quarter 2026 results: EPS: CA$0.25 (up from CA$0.24 in 1Q 2025). Revenue: CA$244.2m (up 24% from 1Q 2025). Net income: CA$70.0m (up 6.4% from 1Q 2025). Profit margin: 29% (down from 33% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 12Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CA$0.24 (up from CA$0.21 in FY 2024). Revenue: CA$707.2m (up 18% from FY 2024). Net income: CA$64.9m (up 16% from FY 2024). Profit margin: 9.2% (down from 9.3% in FY 2024). The decrease in margin was driven by higher expenses. Oil reserves Proven reserves: 9.261 MMbbls Gas reserves Proven reserves: 2980.724 Bcf LNG reserves Proven reserves: 73.21 MMbbls Combined production Oil equivalent production: 29.232 MMboe (27.994 MMboe in FY 2024) Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Mar 06Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 13 March 2026. Payment date: 31 March 2026. Payout ratio is a comfortable 71% and the cash payout ratio is 94%. Trailing yield: 1.7%. Lower than top quartile of Canadian dividend payers (5.4%). Lower than average of industry peers (3.6%).
お知らせ • Mar 03Birchcliff Energy Ltd., Annual General Meeting, May 14, 2026Birchcliff Energy Ltd., Annual General Meeting, May 14, 2026.
分析記事 • Feb 12Birchcliff Energy's (TSE:BIR) Dividend Will Be CA$0.03Birchcliff Energy Ltd.'s ( TSE:BIR ) investors are due to receive a payment of CA$0.03 per share on 31st of March. This...
お知らせ • Feb 12Birchcliff Energy Ltd. Appoints Chris Carlsen to the Board of Directors, Effective February 11, 2026Birchcliff Energy Ltd. announced that Chris Carlsen has been appointed to the board of directors of the Corporation, effective February 11, 2026.
分析記事 • Jan 24Birchcliff Energy (TSE:BIR) Will Pay A Dividend Of CA$0.03Birchcliff Energy Ltd. ( TSE:BIR ) has announced that it will pay a dividend of CA$0.03 per share on the 31st of March...
Declared Dividend • Jan 23Third quarter dividend of CA$0.03 announcedDividend of CA$0.03 is the same as last year. Ex-date: 13th March 2026 Payment date: 31st March 2026 Dividend yield will be 1.6%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but not adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 2.0% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 58% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 22+ 2 more updatesBirchcliff Energy Ltd. to Report Fiscal Year 2025 Results on Feb 11, 2026Birchcliff Energy Ltd. announced that they will report fiscal year 2025 results on Feb 11, 2026
Major Estimate Revision • Dec 16Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CA$706.0m to CA$721.0m. EPS estimate increased from CA$0.23 to CA$0.27 per share. Net income forecast to grow 70% next year vs 12% growth forecast for Oil and Gas industry in Canada. Consensus price target broadly unchanged at CA$8.69. Share price fell 4.4% to CA$7.19 over the past week.
Recent Insider Transactions Derivative • Dec 12Vice President of Operations exercised options and sold CA$203k worth of stockOn the 4th of December, Duane Thompson exercised 33k options at a strike price of around CA$1.81 and sold these shares for an average price of CA$7.88 per share. This trade did not impact their existing holding. Since June 2025, Duane's direct individual holding has increased from 40.44k shares to 44.44k. Company insiders have collectively sold CA$2.6m more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Dec 08Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 15 December 2025. Payment date: 31 December 2025. Payout ratio is a comfortable 71% and the cash payout ratio is 94%. Trailing yield: 1.5%. Lower than top quartile of Canadian dividend payers (5.9%). Lower than average of industry peers (4.2%).
分析記事 • Nov 29Market Participants Recognise Birchcliff Energy Ltd.'s (TSE:BIR) Earnings Pushing Shares 25% HigherBirchcliff Energy Ltd. ( TSE:BIR ) shareholders have had their patience rewarded with a 25% share price jump in the...
Recent Insider Transactions Derivative • Nov 23CFO & Executive VP exercised options and sold CA$383k worth of stockOn the 20th of November, Bruno Geremia exercised 67k options at a strike price of around CA$1.81 and sold these shares for an average price of CA$7.55 per share. This trade did not impact their existing holding. Since December 2024, Bruno has owned 835.00k shares directly. Company insiders have collectively sold CA$2.3m more than they bought, via options and on-market transactions in the last 12 months.
Declared Dividend • Nov 16Third quarter dividend of CA$0.03 announcedShareholders will receive a dividend of CA$0.03. Ex-date: 15th December 2025 Payment date: 31st December 2025 Dividend yield will be 1.7%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but not adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 2.0% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 110% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 14Third quarter 2025 earnings released: CA$0.05 loss per share (vs CA$0.039 loss in 3Q 2024)Third quarter 2025 results: CA$0.05 loss per share (further deteriorated from CA$0.039 loss in 3Q 2024). Revenue: CA$135.1m (up 5.5% from 3Q 2024). Net loss: CA$14.1m (loss widened 35% from 3Q 2024). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 13+ 1 more updateBirchcliff Energy Ltd. Revises Production Guidance for the Full Year 2025 and Provides Production Guidance for the Fourth Quarter of 2025Birchcliff Energy Ltd. revised production guidance for the full year of 2025 and Provides Production Guidance for the Fourth Quarter of 2025. As a result of asset outperformance and strong operational execution in 2025, the company are increasing 2025 full-year production guidance to 79,000 to 80,000 boe/d (previously 76,000 to 79,000 boe/d), with Fourth Quarter 2025 production expected to average approximately 81,500 boe/d. Birchcliff expects to generate significant free funds flow in Fourth Quarter 2025, which will be primarily used to reduce total debt by approximately 14% from year end 2024. Birchcliff’s Fourth Quarter 2025 production is expected to average approximately 81,500 boe/d.
お知らせ • Nov 01Birchcliff Energy Ltd. announced that it has received CAD 0.86 million in fundingBirchcliff Energy Ltd. announced a non-brokered private placement to issue 43,000,000 shares at an issue price of CAD 0.02 per share for gross proceeds of CAD 860,000 on October 31, 2025. The common shares issued pursuant to the offering are subject to a hold period of four months and a day from the date of closing of the offering. No finders' fees were paid in connection with the offering.
分析記事 • Oct 22Returns At Birchcliff Energy (TSE:BIR) Are On The Way UpWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Upcoming Dividend • Sep 08Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 15 September 2025. Payment date: 29 September 2025. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 1.9%. Lower than top quartile of Canadian dividend payers (5.8%). Lower than average of industry peers (4.5%).
Declared Dividend • Aug 17Second quarter dividend of CA$0.03 announcedShareholders will receive a dividend of CA$0.03. Ex-date: 15th September 2025 Payment date: 29th September 2025 Dividend yield will be 3.0%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio) nor is it covered by cash flows (108% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 2.2% to bring the payout ratio under control. EPS is expected to grow by 56% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Aug 14Second quarter 2025 earnings released: CA$0.15 loss per share (vs CA$0.17 profit in 2Q 2024)Second quarter 2025 results: CA$0.15 loss per share (down from CA$0.17 profit in 2Q 2024). Revenue: CA$135.4m (down 13% from 2Q 2024). Net loss: CA$13.9m (down 130% from profit in 2Q 2024). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 14+ 1 more updateBirchcliff Energy Ltd. Reaffirms Production Guidance for the Year 2025Birchcliff Energy Ltd. reaffirmed production guidance for the year 2025. For the year, the company expects annual average production of 76,000 boe/d to 79,000 boe/d.
分析記事 • Jun 26Birchcliff Energy (TSE:BIR) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Recent Insider Transactions • Jun 18Chairman of the Board recently sold CA$885k worth of stockOn the 13th of June, A. Tonken sold around 120k shares on-market at roughly CA$7.39 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was A.'s only on-market trade for the last 12 months.
Upcoming Dividend • Jun 06Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 13 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Canadian dividend payers (6.2%). Lower than average of industry peers (4.8%).
Declared Dividend • May 18First quarter dividend of CA$0.03 announcedShareholders will receive a dividend of CA$0.03. Ex-date: 13th June 2025 Payment date: 30th June 2025 Dividend yield will be 4.0%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: CA$0.24 (vs CA$0.056 loss in 1Q 2024)First quarter 2025 results: EPS: CA$0.24 (up from CA$0.056 loss in 1Q 2024). Revenue: CA$196.9m (up 24% from 1Q 2024). Net income: CA$65.7m (up CA$80.8m from 1Q 2024). Profit margin: 33% (up from net loss in 1Q 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
お知らせ • May 15+ 1 more updateBirchcliff Energy Ltd. Declares Dividend for the Second Quarter Ending June 30, 2025, Payable on June 30, 2025Birchcliff’s board of directors has declared a quarterly cash dividend of $0.03 per common share for the quarter ending June 30, 2025. The dividend will be payable on June 30, 2025 to shareholders of record at the close of business on June 13, 2025.
分析記事 • May 08It Looks Like Birchcliff Energy Ltd.'s (TSE:BIR) CEO May Expect Their Salary To Be Put Under The MicroscopeKey Insights Birchcliff Energy to hold its Annual General Meeting on 15th of May CEO Chris Carlsen's total compensation...
Recent Insider Transactions Derivative • Apr 27Chairman of the Board exercised options and sold CA$351k worth of stockOn the 25th of April, A. Tonken exercised 80k options at a strike price of around CA$1.81 and sold these shares for an average price of CA$6.18 per share. This trade did not impact their existing holding. Since December 2024, Tonken has owned 1.48m shares directly. Company insiders have collectively sold CA$1.6m more than they bought, via options and on-market transactions in the last 12 months.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CA$5.52, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total loss to shareholders of 28% over the past three years.
分析記事 • Apr 03Earnings Tell The Story For Birchcliff Energy Ltd. (TSE:BIR) As Its Stock Soars 28%The Birchcliff Energy Ltd. ( TSE:BIR ) share price has done very well over the last month, posting an excellent gain of...
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CA$5.92, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Negligible returns to shareholders over past three years.
Reported Earnings • Mar 13Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: CA$0.21 (up from CA$0.037 in FY 2023). Revenue: CA$601.4m (down 14% from FY 2023). Net income: CA$56.1m (up 474% from FY 2023). Profit margin: 9.3% (up from 1.4% in FY 2023). The increase in margin was driven by lower expenses. Oil reserves Proven reserves: 9.701 MMbbls Gas reserves Proven reserves: 3078.54 Bcf LNG reserves Proven reserves: 72.227 MMbbls Combined production Oil equivalent production: 27.994 MMboe (27.63 MMboe in FY 2023) Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 91%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Mar 07Upcoming dividend of CA$0.03 per shareEligible shareholders must have bought the stock before 14 March 2025. Payment date: 31 March 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.7%. Within top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (4.9%).
分析記事 • Mar 04Birchcliff Energy (TSE:BIR) Is Paying Out Less In Dividends Than Last YearBirchcliff Energy Ltd.'s ( TSE:BIR ) dividend is being reduced by 70% to CA$0.03 per share on 31st of March, in...
お知らせ • Mar 04Birchcliff Energy Ltd., Annual General Meeting, May 15, 2025Birchcliff Energy Ltd., Annual General Meeting, May 15, 2025.
分析記事 • Feb 26Birchcliff Energy (TSE:BIR) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
分析記事 • Jan 26Birchcliff Energy's (TSE:BIR) Shareholders Will Receive A Smaller Dividend Than Last YearThe board of Birchcliff Energy Ltd. ( TSE:BIR ) has announced that the dividend on 31st of March will be reduced by 70...
Declared Dividend • Jan 26Third quarter dividend reduced to CA$0.03Dividend of CA$0.03 is 70% lower than last year. Ex-date: 14th March 2025 Payment date: 31st March 2025 Dividend yield will be 5.4%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 8x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 871% to bring the payout ratio under control. EPS is expected to grow by 116% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Price Target Changed • Jan 23Price target increased by 9.1% to CA$7.18Up from CA$6.58, the current price target is an average from 11 analysts. New target price is 18% above last closing price of CA$6.08. Stock is up 14% over the past year. The company is forecast to post earnings per share of CA$0.11 for next year compared to CA$0.037 last year.
お知らせ • Jan 23+ 1 more updateBirchcliff Energy Ltd. Announces Annual Base Dividend Rate and Declares Dividend for First Quarter Ending March 31, 2025, Payable on March 31, 2025Birchcliff Energy Ltd. announced that the Board has approved an annual base dividend of $0.12 per common share for 2025. This annual base dividend will be declared and paid quarterly at the rate of $0.03 per common share, at the discretion of the Board. In connection therewith, the Board has declared a quarterly cash dividend of $0.03 per common share for the quarter ending March 31, 2025. The dividend will be payable on March 31, 2025 to shareholders of record at the close of business on March 14, 2025. The dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada).
分析記事 • Jan 15Even With A 26% Surge, Cautious Investors Are Not Rewarding Birchcliff Energy Ltd.'s (TSE:BIR) Performance CompletelyBirchcliff Energy Ltd. ( TSE:BIR ) shareholders would be excited to see that the share price has had a great month...
New Risk • Dec 12New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$299k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 8x earnings per share. Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (2.5% net profit margin). Significant insider selling over the past 3 months (CA$299k sold).
Recent Insider Transactions • Dec 12VP of Legal recently sold CA$170k worth of stockOn the 9th of December, Robyn Bourgeois sold around 33k shares on-market at roughly CA$5.11 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$76k more than they sold in the last 12 months.
Recent Insider Transactions Derivative • Dec 10President & CEO exercised options to buy CA$755k worth of stock.On the 5th of December, Christopher Carlsen exercised options to buy 150k shares at a strike price of around CA$2.32, costing a total of CA$348k. This transaction amounted to 61% of their direct individual holding at the time of the trade. Since December 2023, Christopher's direct individual holding has increased from 226.12k shares to 247.12k. Company insiders have collectively sold CA$1.2m more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Dec 06Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 13 December 2024. Payment date: 31 December 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 8.0%. Within top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (4.5%).
分析記事 • Nov 29Return Trends At Birchcliff Energy (TSE:BIR) Aren't AppealingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Recent Insider Transactions Derivative • Nov 25Chairman of the Board exercised options and sold CA$642k worth of stockOn the 22nd of November, A. Tonken exercised 200k options at a strike price of around CA$2.32 and sold these shares for an average price of CA$5.53 per share. This trade did not impact their existing holding. Since March 2024, Tonken has owned 1.48m shares directly. Company insiders have collectively sold CA$1.4m more than they bought, via options and on-market transactions in the last 12 months.
Declared Dividend • Nov 19Third quarter dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 13th December 2024 Payment date: 31st December 2024 Dividend yield will be 7.9%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 8x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 871% to bring the payout ratio under control. However, EPS has declined by 13% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • Nov 15Third quarter 2024 earnings released: CA$0.04 loss per share (vs CA$0.057 profit in 3Q 2023)Third quarter 2024 results: CA$0.04 loss per share (down from CA$0.057 profit in 3Q 2023). Revenue: CA$144.1m (down 15% from 3Q 2023). Net loss: CA$10.5m (down 169% from profit in 3Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 15+ 1 more updateBirchcliff Energy Ltd. Updates Production Guidance for the Year 2024 and Provides Preliminary Production Guidance for the Year 2025Birchcliff Energy Ltd. updated production guidance for the year 2024 and provides preliminary production guidance for the year 2025. The company maintaining its annual average production guidance of 75,000 boe/d to 77,000 boe/d against the previously forecasted 75,000 boe/d to 77,000 boe/d. Based on its preliminary budgeting process for 2025 and current commodity price outlook, company is targeting annual average production of 76,000 boe/d to 79,000 boe/d in 2025.
分析記事 • Oct 04Investors Still Waiting For A Pull Back In Birchcliff Energy Ltd. (TSE:BIR)When close to half the companies in the Oil and Gas industry in Canada have price-to-sales ratios (or "P/S") below...
分析記事 • Sep 07Birchcliff Energy (TSE:BIR) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Upcoming Dividend • Sep 06Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 13 September 2024. Payment date: 27 September 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.1%. Within top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (4.7%).
Buy Or Sell Opportunity • Aug 30Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.2% to CA$5.89. The fair value is estimated to be CA$7.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Earnings per share has declined by 31%.
Declared Dividend • Aug 18Second quarter dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 13th September 2024 Payment date: 27th September 2024 Dividend yield will be 8.1%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is not covered by earnings (392% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 336% to bring the payout ratio under control. EPS is expected to grow by 112% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Aug 15Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: CA$0.17 (up from CA$0.16 in 2Q 2023). Revenue: CA$221.8m (up 31% from 2Q 2023). Net income: CA$46.4m (up 8.5% from 2Q 2023). Profit margin: 21% (down from 25% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
お知らせ • Aug 15Birchcliff Energy Ltd. Maintains Production Guidance for the Year 2024Birchcliff Energy Ltd. maintains production guidance for the year 2024. The company currently expects to deliver annual average production 75,000 to 77,000 boe/d to reflect the outperformance of its capital program year-to-date.
Buy Or Sell Opportunity • Aug 01Now 20% undervaluedOver the last 90 days, the stock has risen 4.1% to CA$5.83. The fair value is estimated to be CA$7.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 4.5%.
Upcoming Dividend • Jun 07Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.4%. Within top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (4.8%).
分析記事 • Jun 01Here's What's Concerning About Birchcliff Energy's (TSE:BIR) Returns On CapitalWhat underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a...
Declared Dividend • May 19First quarter dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 10.0%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 5x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 456% to bring the payout ratio under control. EPS is expected to grow by 93% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • May 16First quarter 2024 earnings released: CA$0.06 loss per share (vs CA$0.16 loss in 1Q 2023)First quarter 2024 results: CA$0.06 loss per share (improved from CA$0.16 loss in 1Q 2023). Revenue: CA$130.2m (down 31% from 1Q 2023). Net loss: CA$15.0m (loss narrowed 65% from 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
お知らせ • May 16+ 1 more updateBirchcliff Energy Ltd. Maintains Production Guidance for the Year 2024Birchcliff Energy Ltd. maintains production guidance for the year 2024. The company currently expects to deliver annual average production of 74,000 to 77,000 boe/d against previous guidance of 74,000 to 77,000 boe/d.
分析記事 • May 09We Think Birchcliff Energy (TSE:BIR) Is Taking Some Risk With Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Mar 15Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CA$0.04 (down from CA$2.46 in FY 2022). Revenue: CA$624.5m (down 56% from FY 2022). Net income: CA$9.78m (down 99% from FY 2022). Profit margin: 1.6% (down from 46% in FY 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) missed analyst estimates by 64%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year.
お知らせ • Mar 14Birchcliff Energy Ltd. to Report Q1, 2024 Results on May 15, 2024Birchcliff Energy Ltd. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 15, 2024
Buy Or Sell Opportunity • Mar 12Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to CA$5.49. The fair value is estimated to be CA$6.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company has become profitable.
Upcoming Dividend • Mar 07Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 28 March 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.2%. Within top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (5.2%).
Price Target Changed • Mar 07Price target decreased by 7.2% to CA$6.23Down from CA$6.71, the current price target is an average from 13 analysts. New target price is 13% above last closing price of CA$5.52. Stock is down 37% over the past year. The company is forecast to post earnings per share of CA$0.11 for next year compared to CA$2.46 last year.
お知らせ • Mar 02Birchcliff Energy Ltd., Annual General Meeting, May 16, 2024Birchcliff Energy Ltd., Annual General Meeting, May 16, 2024.
Recent Insider Transactions • Feb 26Chief Operating Officer recently sold CA$183k worth of stockOn the 22nd of February, Theo Van Der Werken sold around 34k shares on-market at roughly CA$5.35 per share. This transaction amounted to 80% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Theo's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Feb 22Chairman of the Board exercised options and sold CA$290k worth of stockOn the 16th of February, A. Tonken exercised 200k options at a strike price of around CA$3.55 and sold these shares for an average price of CA$5.00 per share. This trade did not impact their existing holding. Since March 2023, Tonken's direct individual holding has increased from 1.47m shares to 1.48m. Company insiders have collectively sold CA$1.2m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Feb 22Birchcliff Energy's (TSE:BIR) Dividend Will Be Reduced To CA$0.10Birchcliff Energy Ltd.'s ( TSE:BIR ) dividend is being reduced from last year's payment covering the same period to...
分析記事 • Feb 09The Returns At Birchcliff Energy (TSE:BIR) Aren't GrowingFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Recent Insider Transactions • Jan 23Independent Director recently bought CA$255k worth of stockOn the 19th of January, Cameron Proctor bought around 50k shares on-market at roughly CA$5.09 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$437k more in shares than they have sold in the last 12 months.
Declared Dividend • Jan 21Third quarter dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 14th March 2024 Payment date: 28th March 2024 Dividend yield will be 14%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is not covered by earnings (195% earnings payout ratio) nor is it covered by cash flows (194% cash payout ratio). The dividend has increased by an average of 35% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 116% to bring the payout ratio under control. EPS is expected to grow by 147% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CA$4.94, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Oil and Gas industry in Canada. Total returns to shareholders of 171% over the past three years.
お知らせ • Jan 18+ 2 more updatesBirchcliff Energy Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024Birchcliff Energy Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024
Price Target Changed • Jan 17Price target decreased by 8.6% to CA$8.14Down from CA$8.91, the current price target is an average from 14 analysts. New target price is 42% above last closing price of CA$5.74. Stock is down 34% over the past year. The company is forecast to post earnings per share of CA$0.24 for next year compared to CA$2.46 last year.