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

Birchcliff Energy Ltd. (TSE:BIR) declared a quarterly dividend on Tuesday, September 15th. Shareholders of record on Tuesday, September 29th will be paid a dividend of 0.03 per share by the oil and natural gas company on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Tuesday, September 15th.

Birchcliff Energy Trading Down 1.1%

Shares of TSE:BIR traded down C$0.07 during midday trading on Friday, hitting C$6.32. The company had a trading volume of 1,056,934 shares, compared to its average volume of 1,443,702. The company has a current ratio of 0.99, a quick ratio of 0.97 and a debt-to-equity ratio of 24.38. Birchcliff Energy has a 12 month low of C$5.69 and a 12 month high of C$8.19. The stock has a market cap of C$1.73 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 0.35 and a beta of -0.52. The firm has a fifty day simple moving average of C$6.39 and a 200 day simple moving average of C$6.55.

Birchcliff Energy (TSE:BIR) last announced its quarterly earnings results on Wednesday, August 12th. The oil and natural gas company reported C$0.05 EPS for the quarter. Birchcliff Energy had a return on equity of 4.22% and a net margin of 13.31%.The company had revenue of C$193.41 million during the quarter. On average, analysts predict that Birchcliff Energy will post 0.1118631 EPS for the current year.

About Birchcliff Energy

Birchcliff is an intermediate oil and natural gas company based in Calgary, Alberta with operations focused on the exploration and development of the Montney Resource Play in Alberta. Birchcliff’s common shares are listed for trading on the Toronto Stock Exchange under the symbol ‘BIR’.