Birchcliff Energy Ltd. (TSE:BIR) – Analysts at Cormark issued their Q1 2017 earnings per share estimates for shares of Birchcliff Energy in a research note issued to investors on Friday, according to Zacks Investment Research. Cormark analyst G. Ursu forecasts that the firm will post earnings per share of $0.07 for the quarter. Cormark also issued estimates for Birchcliff Energy’s Q2 2017 earnings at $0.06 EPS, Q3 2017 earnings at $0.03 EPS, Q4 2017 earnings at $0.09 EPS and FY2017 earnings at $0.24 EPS.

A number of other equities research analysts have also weighed in on the stock. RBC Capital reiterated a “sector perform” rating and set a C$6.00 price objective on shares of Birchcliff Energy in a report on Friday. Raymond James lifted their price objective on shares of Birchcliff Energy from C$4.85 to C$5.00 and gave the company an “outperform” rating in a report on Friday. Canaccord Genuity decreased their price objective on shares of Birchcliff Energy from C$9.75 to C$7.75 and set a “buy” rating for the company in a report on Tuesday, January 19th. CIBC decreased their price objective on shares of Birchcliff Energy from C$7.75 to C$6.00 in a report on Thursday, January 14th. Finally, National Bank Financial decreased their price objective on shares of Birchcliff Energy from C$8.25 to C$7.75 and set an “outperform” rating for the company in a report on Thursday, December 3rd. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of C$7.28.

Birchcliff Energy (TSE:BIR) opened at 4.17 on Monday. The stock has a 50 day moving average of $3.73 and a 200 day moving average of $5.56. Birchcliff Energy has a 52 week low of $2.85 and a 52 week high of $9.34. The company has a market cap of $635.12 million and a P/E ratio of 66.19.

In related news, insider James William Surbey bought 10,000 shares of the company’s stock in a transaction on Thursday, December 10th. The shares were bought at an average price of C$3.95 per share, with a total value of C$39,500.00. Also, Director Kenneth Norman Cullen bought 7,000 shares of the company’s stock in a transaction on Monday, December 7th. The shares were bought at an average cost of C$4.17 per share, for a total transaction of C$29,190.00.

Birchcliff Energy Ltd. is an intermediate oil and natural gas company. The Company is engaged in business of exploring for, developing and producing oil and natural gas resources in the Western Canadian Sedimentary Basin with operations concentrated within its one core area, the Peace River Arch of Alberta. As of 2014, Birchcliff drilled 57 wells, consisting of 37 natural gas wells and 20 oil wells. The natural gas wells are all Montney/Doig horizontal wells. The oil wells included four Montney/Doig horizontal oil wells, 11 (Worsley Charlie Lake horizontal light oil wells, one Progress Charlie Lake horizontal light oil well, three Halfway horizontal light oil wells and one Upper Doig horizontal light oil well. As of December 31, 2014, Birchcliff had a working interest in 11 gas plants, four of which were wholly owned and five of which are operated by the Company, and a working interest in two oil batteries, one of which is wholly owned and operated by the Company.

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