Birchcliff Energy Ltd. (BIR) to Issue Quarterly Dividend of $0.03 on June 30th

Birchcliff Energy Ltd. (TSE:BIR) declared a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.03 per share by the oil and natural gas company on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, June 15th.

Birchcliff Energy Price Performance

Shares of BIR traded down C$0.13 during midday trading on Friday, hitting C$6.50. The company’s stock had a trading volume of 1,270,153 shares, compared to its average volume of 1,624,732. Birchcliff Energy has a one year low of C$5.69 and a one year high of C$8.19. The company’s fifty day simple moving average is C$6.41 and its two-hundred day simple moving average is C$6.96. The company has a quick ratio of 0.97, a current ratio of 1.17 and a debt-to-equity ratio of 23.09. The stock has a market capitalization of C$1.78 billion, a price-to-earnings ratio of 26.00, a price-to-earnings-growth ratio of 0.35 and a beta of -0.56.

Birchcliff Energy (TSE:BIR) last issued its quarterly earnings results on Wednesday, May 13th. The oil and natural gas company reported C$0.25 earnings per share (EPS) for the quarter. Birchcliff Energy had a return on equity of 3.07% and a net margin of 9.59%.The company had revenue of C$217.76 million for the quarter. As a group, equities analysts expect 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.