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Birchcliff Energy Ltd (BIR.TO)

BIR.TO on Toronto Stock Exchange

3.90CAD
17 May 2019
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Latest Key Developments (Source: Significant Developments)

Birchcliff Energy Q1 Earnings Per Share C$0.06
Wednesday, 15 May 2019 

May 15 (Reuters) - Birchcliff Energy Ltd ::. ANNOUNCES Q1 2019 RESULTS AND PROVIDES AN OPERATIONAL UPDATE.Q1 EARNINGS PER SHARE C$0.06.Q1 EARNINGS PER SHARE ESTIMATE C$0.14 -- REFINITIV IBES DATA.QTRLY PRODUCTION AVERAGED 74,884 BOE/D.2019 CAPITAL PROGRAM IS ON TIME.RE-AFFIRMING OUR CORPORATE GUIDANCE FOR 2019.QTRLY ADJUSTED FUNDS FLOW $0.44 PER BASIC COMMON SHARE.WELL POSITIONED TO GENERATE SIGNIFICANT FREE FUNDS FLOW IN 2019.  Full Article

Birchcliff Energy Q3 Earnings Per Share C$0.03
Wednesday, 14 Nov 2018 

Birchcliff Energy Ltd ::. ANNOUNCES STRONG THIRD QUARTER 2018 RESULTS, STRATEGIC MONTNEY LAND ACQUISITION IN POUCE COUPE AND PRELIMINARY 2019 PLANS.Q3 EARNINGS PER SHARE C$0.03.Q3 EARNINGS PER SHARE VIEW C$0.05 -- THOMSON REUTERS I/B/E/S.2019 PRELIMINARY F&D CAPITAL SPENDING IS CURRENTLY EXPECTED TO BE APPROXIMATELY $210 MILLION.QTRLY PRODUCTION AVERAGED 79,331 BOE/D, A 22% INCREASE FROM 65,276 BOE/D IN Q3 2017.SEES GENERATING ANNUAL AVERAGE PRODUCTION OF APPROXIMATELY 76,000 TO 78,000 BOE/D DURING 2019.SEES 2019 F&D CAPITAL SPENDING, PLUS ACQUISITION, TO BE ABOUT $249 MILLION.SEES 2019 ADJUSTED FUNDS FLOW $345 MILLION.SEES 2019 FREE FUNDS FLOW $135 MILLION.IF ECONOMIC CONDITIONS AND COMMODITY PRICES IMPROVE, CO HAS ABILITY TO INCREASE NATURAL GAS PRODUCTION IN 2019.BIRCHCLIFF - IF ECONOMIC CONDITIONS & COMMODITY PRICES REMAIN THE SAME/DETERIORATE, CO EXPECTS THAT IT WILL CHOOSE TO FOCUS ON DEBT REDUCTION IN 2019.  Full Article

Birchcliff Energy And Altagas Announce New Long-Term Processing Arrangement
Tuesday, 3 Apr 2018 

April 3 (Reuters) - Birchcliff Energy Ltd ::BIRCHCLIFF ENERGY LTD. AND ALTAGAS LTD. ANNOUNCE NEW LONG-TERM PROCESSING ARRANGEMENT AT ALTAGAS’ DEEP CUT PROCESSING FACILITY IN GORDONDALE.IS UPDATING ITS GUIDANCE RANGE FOR ITS 2018 ANNUAL AVERAGE OPERATING EXPENSE TO $3.40/BOE TO $3.60/BOE.‍TERM OF PROCESSING ARRANGEMENT IS FOR AT LEAST 15 YEARS, SUBJECT TO EXTENSION IN ACCORDANCE WITH TERMS OF AGREEMENT​.NEW PROCESSING ARRANGEMENT WILL BE EFFECTIVE FROM JAN 1 AND WILL REPLACE CO AND ALTAGAS' EXISTING GORDONDALE PROCESSING ARRANGEMENT.BIRCHCLIFF, ALTAGAS AND CERTAIN AFFILIATES OF ALTAGAS HAVE ALSO ENTERED INTO A PRODUCT PURCHASE AND SALE AGREEMENT.PURSUANT TO THE PRODUCT PURCHASE AND SALE AGREEMENT, BIRCHCLIFF WILL SELL PROPANE TO ALTAGAS PARTIES.  Full Article

Birchcliff Energy Announces Filing Of 2017 d Disclosure Documents
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Birchcliff Energy Ltd ::BIRCHCLIFF ENERGY LTD. ANNOUNCES FILING OF ITS 2017 YEAR END DISCLOSURE DOCUMENTS AND OPERATIONAL UPDATE.BIRCHCLIFF ENERGY - BOARD APPROVED CAPITAL EXPENDITURE BUDGET OF $255 MILLION FOR 2018.BIRCHCLIFF ENERGY - DRILLED 19 WELLS YEAR-TO-DATE AND HAS WELLS LEFT TO DRILL.BIRCHCLIFF ENERGY LTD - RE-AFFIRMING ITS 2018 GUIDANCE.  Full Article

Birchcliff Energy Q4 Earnings Per Share C$0.09
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Birchcliff Energy Ltd ::. ANNOUNCES UNAUDITED 2017 YEAR-END AND FOURTH QUARTER RESULTS, 2017 RESERVES HIGHLIGHTS AND 2018 CAPITAL PROGRAM.Q4 EARNINGS PER SHARE C$0.09.‍QUARTERLY AVERAGE PRODUCTION OF 80,103 BOE/D, A 32% INCREASE FROM 60,750 BOE/D IN Q4 OF 2016​.‍QUARTERLY FUNDS FLOW FROM OPERATIONS OF $0.36 PER BASIC COMMON SHARE​.BOARD HAS APPROVED A CAPITAL EXPENDITURE BUDGET FOR 2018 OF $255 MILLION​.‍2018 CAPITAL PROGRAM IS EXPECTED TO BE FULLY FUNDED FROM BIRCHCLIFF'S 2018 FUNDS FLOW FROM OPERATIONS​.SEES ANNUAL AVERAGE PRODUCTION OF 76,000 – 78,000‍​ BOE/D FOR 2018.  Full Article

Birchcliff Q3 loss per share C$0.46
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Birchcliff Energy Ltd :Birchcliff announces third quarter 2017 results and appointment of new director.Q3 loss per share C$0.46.Q3 earnings per share view C$0.03 -- Thomson Reuters I/B/E/S.Birchcliff energy ltd - ‍birchcliff anticipates spending in range of $250 million to $450 million during 2018​.Birchcliff energy ltd - ‍quarterly average production of 65,276 Boe/D, a 20% increase​.Birchcliff Energy Ltd - ‍Birchcliff is re-affirming its 2017 q4 average production guidance of 79,000 Boe/D to 80,000 boe/d​.Birchcliff Energy Ltd - ‍re-affirming its 2017 Q4 average production and its 2017 annual average production guidance​.  Full Article

Birchcliff Energy re-affirms 2017 production guidance
Tuesday, 3 Oct 2017 

Oct 3 (Reuters) - Birchcliff Energy Ltd :Birchcliff Energy Ltd - 2017 production guidance re-affirmed.  Full Article

Birchcliff Energy reaffirms 2017 Q4 average production guidance
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Birchcliff Energy Ltd :Birchcliff Energy Ltd provides operational update and announces closing of $31.7 million asset sale.Birchcliff says ‍it is re-affirming its 2017 Q4 average production guidance of 79,000 to 80,000 boe/d​.Also re-affirming 2017 annual average production guidance of 67,000 to 68,000 boe/d​.  Full Article

Birchcliff Energy provides operational update and announces closing of $31.7 mln asset sale
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Birchcliff Energy Ltd :Birchcliff Energy Ltd provides operational update and announces closing of $31.7 million asset sale.Birchcliff Energy Ltd - ‍re-affirming its 2017 Q4 average production guidance of 79,000 to 80,000 Boe/d​.Birchcliff Energy Ltd - ‍re-affirming its 2017 annual average production guidance of 67,000 to 68,000 Boe/d​.  Full Article

Birchcliff Energy Ltd provides series A preferred shares conversion privilege notice
Monday, 14 Aug 2017 

Aug 14 (Reuters) - Birchcliff Energy Ltd :Birchcliff Energy Ltd - does not intend to exercise its right to redeem its cumulative redeemable preferred shares, series A on September 30, 2017.  Full Article

CANADA STOCKS-TSX edges down as lower gold prices weigh on material shares

March 14 Canada's main stock index marginally fell on Thursday, led by declines in shares of material companies on the back of lower gold prices.