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

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

Birchcliff Energy Price Performance

Shares of BIR traded down C$0.13 on Friday, reaching C$6.50. The stock had a trading volume of 1,270,153 shares, compared to its average volume of 1,624,732. The firm has a market capitalization of C$1.78 billion, a PE ratio of 26.00, a PEG ratio of 0.35 and a beta of -0.56. 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 firm has a 50-day moving average of C$6.41 and a 200 day moving average of C$6.96. Birchcliff Energy has a twelve month low of C$5.69 and a twelve month high of C$8.19.

Birchcliff Energy (TSE:BIR) last released its quarterly earnings results on Wednesday, May 13th. The oil and natural gas company reported C$0.25 earnings per share for the quarter. The business had revenue of C$217.76 million for the quarter. Birchcliff Energy had a return on equity of 3.07% and a net margin of 9.59%. Sell-side analysts expect that Birchcliff Energy will post 0.1118631 EPS for the current 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.