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Birchcliff Energy ( (TSE:BIR) ) has issued an announcement.
Birchcliff Energy Ltd. announced its unaudited 2024 full-year and fourth quarter results, showcasing strong financial and operational performance driven by its 2024 capital program. The company reported an annual average production of 76,695 boe/d and adjusted funds flow of $236.8 million, highlighting significant shareholder returns and asset value not fully reflected in share prices. The company plans to maintain its operational momentum into 2025 by focusing on capital efficiency and cost reduction to navigate potential market volatility.
More about Birchcliff Energy
Birchcliff Energy Ltd. is a company in the energy industry, primarily involved in the production of natural gas and liquids. The company focuses on efficient capital deployment and has significant assets in Montney lands, providing potential for future development.
YTD Price Performance: 5.72%
Average Trading Volume: 108,697
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.11B
For detailed information about BIR stock, go to TipRanks’ Stock Analysis page.
