Analyst Price Target is C$11.81
▲ +45.06% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Birchcliff Energy in the last 3 months. The average price target is C$11.81, with a high forecast of C$18.00 and a low forecast of C$8.00. The average price target represents a 45.06% upside from the last price of C$8.14.
Current Consensus is
The current consensus among 10 investment analysts is to buy stock in Birchcliff Energy. This Buy consensus rating has held steady for over two years.
Birchcliff Energy Ltd., an intermediate oil and natural gas company, acquires, explores for, develops, and produces natural gas, light oil, condensate, and natural gas liquids in Western Canada. The company holds interests in the Montney/Doig resource play located approximately 95 km northwest of Grande Prairie, Alberta. Its asset portfolio also includes various other properties, including the Elmworth and Progress areas of Alberta. As of December 31, 2021, the company had interests in various gas plants, oil batteries, compressors, facilities, and infrastructure; and 200,712 net acres of undeveloped land, as well as proved plus probable reserves of 1,022 million barrels of oil equivalent. Birchcliff Energy Ltd. was incorporated in 2004 and is headquartered in Calgary, Canada.