Birchcliff Energy Ltd. (OTCMKTS:BIREF) Short Interest Update

Birchcliff Energy Ltd. (OTCMKTS:BIREF) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 11,555,100 shares, a decline of 10.3% from the March 31st total of 12,885,900 shares. Based on an average trading volume of 148,500 shares, the short-interest ratio is presently 77.8 days.

Birchcliff Energy Stock Performance

Shares of OTCMKTS BIREF opened at $4.15 on Monday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market cap of $1.11 billion, a P/E ratio of 138.38 and a beta of 0.64. The firm’s fifty day moving average is $4.00 and its two-hundred day moving average is $4.42. Birchcliff Energy has a 52-week low of $3.42 and a 52-week high of $6.49.

Birchcliff Energy (OTCMKTS:BIREF) last announced its quarterly earnings results on Wednesday, February 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $134.65 million during the quarter. Birchcliff Energy had a net margin of 1.38% and a return on equity of 0.45%.

Birchcliff Energy Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a $0.074 dividend. The ex-dividend date was Thursday, March 14th. This represents a dividend yield of 7.23%. Birchcliff Energy’s dividend payout ratio (DPR) is presently 1,967.32%.

About Birchcliff Energy

Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta.