Birchcliff Energy (BIR) Announces Quarterly Results
Birchcliff Energy (TSE:BIR) posted its quarterly earnings results on Friday. The company reported $0.18 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.17 by $0.01, AnalystRatingsNetwork reports.
Birchcliff Energy (TSE:BIR) opened at 11.03 on Friday. Birchcliff Energy has a 52 week low of $6.87 and a 52 week high of $14.97. The stock’s 50-day moving average is $12.10 and its 200-day moving average is $11.66. The company has a market cap of $1.599 billion and a P/E ratio of 17.23.
On the ratings front, analysts at Raymond James reiterated an “outperform” rating on shares of Birchcliff Energy in a research note on Tuesday, May 27th. They now have a C$17.50 price target on the stock. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of C$14.88.
Birchcliff Energy Ltd. (TSE:BIR) is an intermediate oil and gas exploration, development and production company based in Calgary, Alberta.
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