Birchcliff Energy Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:39B Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
23 Feb 26	Buy€17,963	Christopher Carlsen	Individual	4,296	€4.18
17 Feb 26	Buy€20,927	Debra Gerlach	Individual	5,000	€4.19
13 Feb 26	Buy€8,550	Duane Thompson	Individual	2,000	€4.27
07 Jan 26	Buy€18,765	Stacey McDonald	Individual	4,300	€4.36
06 Jan 26	Buy€11,160	Hue Tran	Individual	2,516	€4.44
06 Jan 26	Buy€17,804	Theo Van Der Werken	Individual	4,014	€4.44
05 Jan 26	Buy€13,338	Bruno Geremia	Individual	3,000	€4.45
22 Dec 25	Buy€8,872	Theo Van Der Werken	Individual	1,980	€4.48
17 Dec 25	Buy€9,229	Christopher Carlsen	Individual	2,085	€4.43
16 Dec 25	Buy€26,916	Robyn Bourgeois	Individual	6,000	€4.49
16 Dec 25	Buy€24,809	Duane Thompson	Individual	5,500	€4.51
16 Dec 25	Buy€9,279	Christopher Carlsen	Individual	2,080	€4.46
12 Dec 25	Buy€27,329	Bruno Geremia	Individual	6,000	€4.57
12 Dec 25	Buy€9,993	Hue Tran	Individual	2,200	€4.54
10 Oct 25	Buy€7,200	Duane Thompson	Individual	2,000	€3.60
02 Oct 25	Buy€52,721	Cameron Proctor	Individual	15,000	€3.51
12 Sep 25	Buy€12,304	Theo Van Der Werken	Individual	3,325	€3.70
12 Sep 25	Buy€7,376	Duane Thompson	Individual	2,000	€3.69
19 Aug 25	Buy€56,137	Cameron Proctor	Individual	15,000	€3.74
19 Aug 25	Buy€15,131	Robyn Bourgeois	Individual	4,000	€3.83
18 Aug 25	Buy€22,983	Robyn Bourgeois	Individual	6,000	€3.84
18 Aug 25	Buy€7,636	Robyn Bourgeois	Individual	2,000	€3.82

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 39B?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	5,738,957	2.09%
Institutions	65,649,404	23.9%
General Public	202,941,243	74%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 24.29% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
5.24%	Dimensional Fund Advisors LP	14,373,441	€56.4m	2.9%	0.01%
2.85%	Vanguard Capital Management, LLC	7,819,630	€30.7m	2.03%	no data
1.88%	American Century Investment Management Inc	5,168,463	€20.3m	19.8%	0.01%
1.87%	BlackRock, Inc.	5,117,382	€20.1m	6.08%	no data
1.66%	Goehring & Rozencwajg Associates, LLC	4,549,853	€17.8m	10.4%	1.16%
1.28%	Pacific Heights Asset Management, LLC	3,500,000	€13.7m	0%	0.5%
0.94%	Richardson Wealth Ltd.	2,586,035	€10.1m	0%	100.0%
0.86%	Vanguard Fiduciary Trust Company	2,372,541	€9.3m	0.91%	no data
0.83%	James Surbey	2,270,933	€8.9m	0%	no data
0.82%	Connor, Clark & Lunn Investment Management Ltd.	2,238,069	€8.8m	0%	0.02%
0.74%	Hillsdale Investment Management Inc.	2,027,781	€8.0m	0%	0.17%
0.67%	Picton Mahoney Asset Management	1,845,374	€7.2m	-4.92%	0.09%
0.67%	AGF Management Limited	1,834,076	€7.2m	0%	0.03%
0.61%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	1,666,761	€6.5m	709%	no data
0.54%	A. Tonken	1,482,471	€5.8m	0%	no data
0.41%	Charles Schwab Investment Management, Inc.	1,111,575	€4.4m	23.3%	no data
0.4%	RBC Global Asset Management Inc.	1,088,471	€4.3m	0%	no data
0.34%	BMO Asset Management Corp.	927,940	€3.6m	5.75%	no data
0.31%	CIBC Asset Management Inc.	850,564	€3.3m	19.6%	no data
0.31%	TD Asset Management, Inc.	848,643	€3.3m	0%	no data
0.31%	Bruno Geremia	844,000	€3.3m	0.36%	no data
0.26%	ATB Investment Management Inc.	700,800	€2.7m	0%	0.04%
0.18%	Vanguard Global Advisers, LLC	506,334	€2.0m	0%	no data
0.17%	Jarislowsky, Fraser Limited	474,197	€1.9m	0%	0.09%
0.15%	Letko, Brosseau & Associates Inc.	420,300	€1.6m	0%	0.02%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/21 03:55
End of Day Share Price	2026/07/21 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Birchcliff Energy Ltd. is covered by 21 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Patrick O'Rourke	ATB Cormark
Randy Ollenberger	BMO Capital Markets Equity Research
Michael Mueller	Canaccord Genuity