TSX:BIROil and Gas
Birchcliff Energy (TSX:BIR) Valuation in Focus After Q2 Loss, Dividend Steady and Guidance Reaffirmed
If you’re wondering what to make of Birchcliff Energy (TSX:BIR) after its latest financial update, you’re not alone. The company just released its second quarter results, revealing a dip in quarterly revenues and a net loss versus last year, even though natural gas and overall production edged higher. Birchcliff’s management still reaffirmed its full-year production targets and kept its quarterly dividend intact. This indicates they aren’t rattled by one weak earnings print. This mix of...