Birchcliff Energy Ltd. Announces Quarterly Dividend of $0.03 (TSE:BIR)

Birchcliff Energy Ltd. (TSE:BIR) announced a quarterly dividend on Friday, March 13th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.03 per share by the oil and natural gas company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, March 13th.

Birchcliff Energy Trading Up 3.0%

BIR traded up C$0.21 during trading hours on Wednesday, reaching C$7.15. The company’s stock had a trading volume of 575,151 shares, compared to its average volume of 1,335,072. The stock has a market cap of C$1.96 billion, a PE ratio of 26.48, a P/E/G ratio of 0.35 and a beta of -0.07. Birchcliff Energy has a fifty-two week low of C$5.04 and a fifty-two week high of C$8.19. The company has a debt-to-equity ratio of 28.66, a current ratio of 1.23 and a quick ratio of 0.97. The business’s 50-day moving average is C$7.06 and its 200-day moving average is C$6.79.

Birchcliff Energy (TSE:BIR) last posted its earnings results on Wednesday, February 11th. The oil and natural gas company reported C$0.10 EPS for the quarter. The company had revenue of C$164.42 million for the quarter. Birchcliff Energy had a net margin of 10.88% and a return on equity of 3.28%. As a group, equities research analysts predict that Birchcliff Energy will post 0.1118631 earnings per share for the current fiscal year.

About Birchcliff Energy

Birchcliff Energy Ltd is an intermediate oil and gas company that explores for, develops, and produces natural gas, light oil, and natural gas liquids. The company conducts its drilling program in resource plays located in the Peace River Arch region of Alberta. Birchcliff focuses on operating nearly all its high working production, which is surrounded by blocks of high working interest lands where it owns and/or controls the infrastructure. To get the full value out of its natural gas wells, several gas plants are completely owned and operated for gas processing purposes.