Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids in Western Canada.
Fair value with imperfect balance sheet.
Share Price & News
How has Birchcliff Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BIR's share price has been volatile over the past 3 months.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: BIR underperformed the Canadian Oil and Gas industry which returned -20.7% over the past year.
Return vs Market: BIR underperformed the Canadian Market which returned -8.6% over the past year.
Price Volatility Vs. Market
How volatile is Birchcliff Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StIf You Had Bought Birchcliff Energy (TSE:BIR) Stock Five Years Ago, You'd Be Sitting On A 82% Loss, Today
3 weeks ago | Simply Wall StBirchcliff Energy Ltd. (TSE:BIR) Analysts Are Cutting Their Estimates: Here's What You Need To Know
1 month ago | Simply Wall StCould Birchcliff Energy Ltd.'s (TSE:BIR) Investor Composition Influence The Stock Price?
Is Birchcliff Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BIR (CA$1.42) is trading below our estimate of fair value (CA$4.49)
Significantly Below Fair Value: BIR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BIR is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: BIR is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BIR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BIR is good value based on its PB Ratio (0.2x) compared to the CA Oil and Gas industry average (0.7x).
How is Birchcliff Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BIR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BIR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BIR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: BIR's revenue (18.3% per year) is forecast to grow faster than the Canadian market (5.8% per year).
High Growth Revenue: BIR's revenue (18.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BIR's Return on Equity is forecast to be high in 3 years time
How has Birchcliff Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BIR is currently unprofitable.
Growing Profit Margin: BIR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BIR is unprofitable, and losses have increased over the past 5 years at a rate of -4% per year.
Accelerating Growth: Unable to compare BIR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BIR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).
Return on Equity
High ROE: BIR has a negative Return on Equity (-7.08%), as it is currently unprofitable.
How is Birchcliff Energy's financial position?
Financial Position Analysis
Short Term Liabilities: BIR's short term assets (CA$40.4M) do not cover its short term liabilities (CA$248.2M).
Long Term Liabilities: BIR's short term assets (CA$40.4M) do not cover its long term liabilities (CA$978.1M).
Debt to Equity History and Analysis
Debt Level: BIR's debt to equity ratio (40.7%) is considered high.
Reducing Debt: BIR's debt to equity ratio has reduced from 53.1% to 40.7% over the past 5 years.
Debt Coverage: BIR's debt is well covered by operating cash flow (42.3%).
Interest Coverage: Insufficient data to determine if BIR's interest payments on its debt are well covered by EBIT.
What is Birchcliff Energy's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BIR's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.93%).
High Dividend: BIR's dividend (1.41%) is low compared to the top 25% of dividend payers in the Canadian market (6.04%).
Stability and Growth of Payments
Stable Dividend: BIR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BIR has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: BIR is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Tonken (62yo)
Mr. A. Jeffery Tonken, also known as Jeff, is the Founder of Birchcliff Energy Ltd. and has been its President and Chief Executive Officer since July 6, 2004. Mr. Tonken has over 37 years of experience in ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD1.49M) is above average for companies of similar size in the Canadian market ($USD710.27K).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|VP & CFO||15.92yrs||CA$2.18m||0.10% CA$378.4k|
|VP of Exploration & COO||15.92yrs||CA$2.02m||0.053% CA$199.8k|
|Vice President of Operations||10.67yrs||CA$1.72m||0.075% CA$284.0k|
|Vice President of Engineering||6.92yrs||CA$1.50m||0.059% CA$221.8k|
|Manager of General Accounting||15.08yrs||no data||no data|
|Controller & Manager of Investor Relations||15.67yrs||no data||no data|
|General Counsel & Corporate Secretary||no data||no data||no data|
|Manager of Human Resources & Corporate Services||no data||no data||no data|
|Manager of Geology||no data||no data||no data|
Experienced Management: BIR's management team is seasoned and experienced (15.7 years average tenure).
|Lead Independent Director||3.08yrs||CA$188.00k||0.048% CA$182.1k|
|Non-Independent Director||3.08yrs||CA$638.78k||0.53% CA$2.0m|
|Independent Director||1.5yrs||CA$248.68k||0.011% CA$42.6k|
|Independent Director||2.58yrs||CA$196.39k||0.030% CA$113.6k|
Experienced Board: BIR's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BIR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Birchcliff Energy Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Birchcliff Energy Ltd.
- Ticker: BIR
- Exchange: TSX
- Founded: 2004
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$377.628m
- Shares outstanding: 265.94m
- Website: https://www.birchcliffenergy.com
Number of Employees
- Birchcliff Energy Ltd.
- 600 - 3rd Avenue SW
- Suite 1000
- T2P 0G5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BIR||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jan 2005|
|39B||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 2005|
|BIRE.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 2005|
|BIR.PRA||TSX (The Toronto Stock Exchange)||REDEEMABLE PFD A||CA||CAD||Aug 2012|
|BIR.PRC||TSX (The Toronto Stock Exchange)||PFD SER C||CA||CAD||Jun 2013|
Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids in Western Canada. The company holds interests in the Montney/Doig resource play, as well as other assets located in the Peace River Arch area of Alberta. As of December 31, 2018, it had interests in various gas plants, oil batteries, compressors, facilities, and infrastructure; and 193,049.6 net acres of undeveloped land, as well as proved plus probable reserves of 1,032.2 million barrels of oil equivalent. Birchcliff Energy Ltd. was founded in 2004 and is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 03:33|
|End of Day Share Price||2020/06/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.