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

To: Goose94 who wrote (66303)	1/25/2020 11:41:44 AM
From: Goose94	Read Replies (1) \| Respond to of 203432

Birchcliff Energy (BIR-T) revisited top pick from Josef Schachter on BNN.ca Market Call Friday Jan 24th @ 1200ET Birchcliff had production of 80,548 boe/d (77 per cent natural gas) in Q3/19. Cash flow per share came in the quarter at 24 cents per share or $63 million. The good cash flow results were due to higher liquids production (18 per cent) and lower overall costs. For 2020 we see cash flow per share of $1.54. Birchcliff has a dividend of $0.105 paid quarterly dividend for a 5 per cent yield. The company is one of our favourite natural gas stocks for the new energy bull market and the big potential of LNG exports on the west coast. It’s also very cheap at the current price. We have a one-year target of $5 per share. Insiders have been buyers of the stock in recent months. We are investors in the stock and plan to add to our holdings when we see the next low-risk energy market “buy” signal.