Birchcliff Energy (TSX:BIR) - Stock Price, News & Analysis

BIR Stock Overview

An intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada.

About the company

BIR fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	2/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 20.5% below our estimate of its fair value

Revenue is forecast to grow 17.31% per year

Risk Analysis

Dividend of 6.79% is not well covered by earnings or free cash flows

Profit margins (6.2%) are lower than last year (33%)

Birchcliff Energy Ltd. Competitors

Advantage Energy

TSX:AAV

CA$1.6b

Parex Resources

TSX:PXT

CA$1.3b

Crew Energy

TSX:CR

CA$1.1b

Freehold Royalties

TSX:FRU

CA$2.1b

Price History & Performance

Summary of all time highs, changes and price drops for Birchcliff Energy
Historical stock prices
Current Share Price	CA$5.89
52 Week High	CA$8.64
52 Week Low	CA$4.61
Beta	1.97
11 Month Change	-1.67%
3 Month Change	-5.15%
1 Year Change	-30.30%
33 Year Change	-2.64%
5 Year Change	185.92%
Change since IPO	55.00%

Recent updates

Birchcliff Energy Ltd.'s (TSE:BIR) Business Is Trailing The Industry But Its Shares Aren't

Dec 20

Is Birchcliff Energy (TSE:BIR) A Risky Investment?

Nov 11

Investors Will Want Birchcliff Energy's (TSE:BIR) Growth In ROCE To Persist

Oct 24

A Look At The Intrinsic Value Of Birchcliff Energy Ltd. (TSE:BIR)

Aug 25

Here's Why Birchcliff Energy (TSE:BIR) Can Manage Its Debt Responsibly

Aug 04

Birchcliff Energy (TSE:BIR) Is Achieving High Returns On Its Capital

Jul 15

Birchcliff Energy (TSE:BIR) Ticks All The Boxes When It Comes To Earnings Growth

May 28

Some Analysts Just Cut Their Birchcliff Energy Ltd. (TSE:BIR) Estimates

May 13

Birchcliff Energy Ltd.'s (TSE:BIR) Intrinsic Value Is Potentially 71% Above Its Share Price

Apr 27

Returns On Capital Are A Standout For Birchcliff Energy (TSE:BIR)

Mar 28

Birchcliff Energy (TSE:BIR) Has A Pretty Healthy Balance Sheet

Mar 06

Birchcliff Energy (TSE:BIR) Will Pay A Larger Dividend Than Last Year At CA$0.20

Feb 17

Birchcliff Energy (TSE:BIR) Has Announced That It Will Be Increasing Its Dividend To CA$0.20

Jan 26

We Ran A Stock Scan For Earnings Growth And Birchcliff Energy (TSE:BIR) Passed With Ease

Jan 08

Investors Shouldn't Overlook Birchcliff Energy's (TSE:BIR) Impressive Returns On Capital

Dec 06

Does Birchcliff Energy (TSE:BIR) Have A Healthy Balance Sheet?

Oct 06

Does Birchcliff Energy (TSE:BIR) Deserve A Spot On Your Watchlist?

Sep 15

Birchcliff Energy Ltd. (TSE:BIR) Shares Could Be 43% Below Their Intrinsic Value Estimate

Aug 18

Shareholder Returns

	BIR	CA Oil and Gas	CA Market
7D	-4.5%	-0.6%	0.3%
1Y	-30.3%	9.4%	12.7%

Return vs Industry: BIR underperformed the Canadian Oil and Gas industry which returned 11.8% over the past year.

Return vs Market: BIR underperformed the Canadian Market which returned 13.6% over the past year.

Price Volatility

Is BIR's price volatile compared to industry and market?
BIR volatility
BIR Average Weekly Movement	5.1%
Oil and Gas Industry Average Movement	7.1%
Market Average Movement	8.0%
10% most volatile stocks in CA Market	16.7%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: BIR has not had significant price volatility in the past 3 months.

Volatility Over Time: BIR's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	218	Chris Carlsen	www.birchcliffenergy.com

Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta. Birchcliff Energy Ltd.

Birchcliff Energy Ltd. Fundamentals Summary

How do Birchcliff Energy's earnings and revenue compare to its market cap?
BIR fundamental statistics
Market cap	CA$1.61b
Earnings (TTM)	CA$40.92m
Revenue (TTM)	CA$655.97m

38.8x

P/E Ratio

2.4x

P/S Ratio

Is BIR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BIR income statement (TTM)
Revenue	CA$655.97m
Cost of Revenue	CA$299.57m
Gross Profit	CA$356.40m
Other Expenses	CA$315.48m
Earnings	CA$40.92m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.15
Gross Margin	54.33%
Net Profit Margin	6.24%
Debt/Equity Ratio	21.7%

How did BIR perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

392%

Payout Ratio

Does BIR pay a reliable dividends?

See BIR dividend history and benchmarks

When do you need to buy BIR by to receive an upcoming dividend?
Birchcliff Energy dividend dates
Ex Dividend Date	Sep 13 2024
Dividend Pay Date	Sep 27 2024
Days until Ex dividend	12 days
Days until Dividend pay date	26 days

Does BIR pay a reliable dividends?

See BIR dividend history and benchmarks

BIR Stock Overview

Rewards

Risk Analysis

Birchcliff Energy Ltd. Competitors

TSX:AAV

CA$1.6b

TSX:PXT

CA$1.3b

TSX:CR

CA$1.1b

TSX:FRU

CA$2.1b

Price History & Performance

Recent News & Updates

Now 20% undervalued after recent price drop

Second quarter dividend of CA$0.10 announced

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Birchcliff Energy Ltd. Maintains Production Guidance for the Year 2024

Now 20% undervalued

Upcoming dividend of CA$0.10 per share

Recent updates

Now 20% undervalued after recent price drop

Second quarter dividend of CA$0.10 announced

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Birchcliff Energy Ltd. Maintains Production Guidance for the Year 2024

Now 20% undervalued

Upcoming dividend of CA$0.10 per share

Here's What's Concerning About Birchcliff Energy's (TSE:BIR) Returns On Capital

First quarter dividend of CA$0.10 announced

First quarter 2024 earnings released: CA$0.06 loss per share (vs CA$0.16 loss in 1Q 2023)

Birchcliff Energy Ltd. Maintains Production Guidance for the Year 2024

We Think Birchcliff Energy (TSE:BIR) Is Taking Some Risk With Its Debt

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Birchcliff Energy Ltd. to Report Q1, 2024 Results on May 15, 2024

Now 20% undervalued after recent price drop

Upcoming dividend of CA$0.10 per share

Price target decreased by 7.2% to CA$6.23

Birchcliff Energy Ltd., Annual General Meeting, May 16, 2024

Chief Operating Officer recently sold CA$183k worth of stock

Chairman of the Board exercised options and sold CA$290k worth of stock

Birchcliff Energy's (TSE:BIR) Dividend Will Be Reduced To CA$0.10

The Returns At Birchcliff Energy (TSE:BIR) Aren't Growing

Independent Director recently bought CA$255k worth of stock

Third quarter dividend of CA$0.10 announced

Investor sentiment deteriorates as stock falls 19%

Birchcliff Energy Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024

Price target decreased by 8.6% to CA$8.14

Birchcliff Energy Ltd.'s (TSE:BIR) Business Is Trailing The Industry But Its Shares Aren't

Independent Director recently bought CA$164k worth of stock

Upcoming dividend of CA$0.20 per share at 13% yield

Independent Director recently bought CA$202k worth of stock

Third quarter 2023 earnings released: EPS: CA$0.057 (vs CA$0.92 in 3Q 2022)

Birchcliff Energy Ltd. Reaffirms Production Guidance for the Year 2023; Provides Production Guidance for the Year 2024

Is Birchcliff Energy (TSE:BIR) A Risky Investment?

Investors Will Want Birchcliff Energy's (TSE:BIR) Growth In ROCE To Persist

Birchcliff Energy Ltd. Announces Chief Executive Officer Changes

Now 22% undervalued

Upcoming dividend of CA$0.20 per share at 9.4% yield

A Look At The Intrinsic Value Of Birchcliff Energy Ltd. (TSE:BIR)

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Birchcliff Energy Ltd. Announces Cash Dividend for the Quarter Ending September 30, 2023, Payable on September 29, 2023

Here's Why Birchcliff Energy (TSE:BIR) Can Manage Its Debt Responsibly

Birchcliff Energy (TSE:BIR) Is Achieving High Returns On Its Capital

New minor risk - Insider selling

Executive Vice President of Operations recently sold CA$579k worth of stock

Upcoming dividend of CA$0.20 per share at 10% yield

Birchcliff Energy (TSE:BIR) Ticks All The Boxes When It Comes To Earnings Growth

Some Analysts Just Cut Their Birchcliff Energy Ltd. (TSE:BIR) Estimates

First quarter 2023 earnings released: CA$0.16 loss per share (vs CA$0.47 profit in 1Q 2022)

Birchcliff Energy Ltd.'s (TSE:BIR) Intrinsic Value Is Potentially 71% Above Its Share Price

Price target decreased by 7.1% to CA$10.28

CFO & Executive VP recently bought CA$91k worth of stock

Executive Vice President of Operations recently bought CA$56k worth of stock

Returns On Capital Are A Standout For Birchcliff Energy (TSE:BIR)

Full year 2022 earnings released: EPS: CA$2.46 (vs CA$1.17 in FY 2021)

Upcoming dividend of CA$0.20 per share at 9.2% yield

Birchcliff Energy (TSE:BIR) Has A Pretty Healthy Balance Sheet

Executive Vice President of Operations recently bought CA$83k worth of stock

President & COO exercised options and sold CA$526k worth of stock