Quote | Birchcliff Energy Ltd - FXDFR PRF PERPETUAL CAD 25 - Ser A (OTCMKTS:BCHFP)
Last: | $19.0295 |
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Change Percent: | 100.0% |
Open: | $0 |
Close: | $19.0295 |
High: | $0 |
Low: | $0 |
Volume: | 500 |
Last Trade Date Time: | 12/31/1969 07:00:00 pm |
News | Birchcliff Energy Ltd - FXDFR PRF PERPETUAL CAD 25 - Ser A (OTCMKTS:BCHFP)
Birchcliff Energy was printing cash in Q2, and the net debt has almost been converted into a net cash position. Once that happens, Birchcliff will increase its dividend from C$0.02 per quarter to 'at least' C$0.20 per quarter. That dividend will be sustainable as long as WTI trade...
Oil inventories continue to trend lower to levels not seen in decades as product demand outpaces supply growth. Demand destruction is unlikely, as prices will have to move materially higher prior to dissuading consumers. Oil supply has not shifted, as operators remain focused on c...
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