Birchcliff Energy Ltd. (OTCMKTS:BIREF) Receives Average Recommendation of “Strong Buy” from Analysts

Birchcliff Energy Ltd. (OTCMKTS:BIREF) has been given a consensus rating of “Strong Buy” by the nine research firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a buy recommendation and six have issued a strong buy recommendation on the company.

Separately, TD Securities reaffirmed a “buy” rating on shares of Birchcliff Energy in a research report on Tuesday, September 30th.

Birchcliff Energy Stock Down 1.3%

OTCMKTS:BIREF opened at $5.34 on Monday. Birchcliff Energy has a twelve month low of $3.15 and a twelve month high of $5.90. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 29.67 and a beta of 0.39. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.24. The stock’s 50 day moving average price is $4.88 and its two-hundred day moving average price is $4.83.

Birchcliff Energy (OTCMKTS:BIREF) last released its quarterly earnings data on Wednesday, November 12th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.05). Birchcliff Energy had a net margin of 10.60% and a return on equity of 3.17%. The company had revenue of $107.43 million during the quarter, compared to analyst estimates of $111.85 million.

Birchcliff Energy Company Profile

Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta.