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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (38421)	2/12/2018 7:45:46 PM
From: Goose94	Read Replies (2) \| Respond to of 203421

Birchcliff Energy (BIR-T) top pick from Josef Schachter on BNN.ca Market Call Monday Feb 12th @ 1300ET Birchcliff produced 65,276 barrels of oil equivalent per day (boe/d) in Q3/17 (79 per cent natural gas). The company has significant growth in outlier years as it expands its plant at Pouce Coupe. We forecast average production in 2018 of 85,000 boe/d and cash flow that exceeds $1.50 per share even if natural gas prices stay depressed during the first half of the year. The stock trades significantly below Q3/17 book value of $6.30 per share. Birchcliff pays an annual dividend of $0.10 (paid quarterly). Our 12-month target is $9 for this large-cap, natural-gas-focused company. Our three-to-five year bull market target is $15 per share. In the heady days of 2014, the stock traded at a high of $14.70 per share.