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home / news releases / BCHFP - Birchcliff Energy: The Cash Is Now Pouring In

BCHFP - Birchcliff Energy: The Cash Is Now Pouring In

Birchcliff Energy Ltd - FXDFR PRF PERPETUAL CAD 25 - Ser A
  • Birchcliff is printing cash at the current high gas price.
  • The reported free cash flow is low, mainly because about 80% of the full-year capex budget has already been spent in the first semester.
  • The YE net debt will likely be C$150M lower than anticipated.
  • That's great news for the holders of preferred shares as the main risk for the A-prefs is getting called in September 2022.

For further details see:

Birchcliff Energy: The Cash Is Now Pouring In
Stock Information
Company Name: Birchcliff Energy Ltd - FXDFR PRF PERPETUAL CAD 25 - Ser A
Stock Symbol: BCHFP
Market: OTC
Website: birchcliffenergy.com
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