See more : Toyo Shutter Co., Ltd. (5936.T) Income Statement Analysis – Financial Results
Complete financial analysis of Birchcliff Energy Ltd. (BIREF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Birchcliff Energy Ltd., a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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Birchcliff Energy Ltd. (BIREF)
About Birchcliff Energy Ltd.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 700.62M | 1.36B | 953.13M | 542.19M | 633.69M | 621.42M | 556.94M | 337.59M | 317.30M | 472.89M | 316.64M | 257.21M | 264.59M | 189.98M | 150.67M | 203.90M | 120.70M | 93.77M | 67.79M | 65.50K | 109.56K | 2.48M | 1.65M |
| Cost of Revenue | 523.62M | 499.10M | 403.60M | 328.86M | 351.20M | 346.28M | 324.76M | 245.29M | 222.49M | 237.13M | 189.44M | 170.09M | 91.57M | 66.04M | 61.53M | 48.61M | 41.05M | 33.48M | 10.22M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 177.00M | 859.88M | 549.53M | 213.34M | 282.49M | 275.14M | 232.18M | 92.30M | 94.81M | 235.76M | 127.20M | 87.11M | 173.02M | 123.94M | 89.14M | 155.29M | 79.65M | 60.29M | 57.57M | 65.50K | 109.56K | 2.48M | 1.65M |
| Gross Profit Ratio | 25.26% | 63.27% | 57.66% | 39.35% | 44.58% | 44.28% | 41.69% | 27.34% | 29.88% | 49.86% | 40.17% | 33.87% | 65.39% | 65.24% | 59.16% | 76.16% | 65.99% | 64.30% | 84.93% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 55.74M | 198.09M | 181.94M | 167.62M | 158.86M | 135.85M | 101.79M | 66.96M | 60.83M | 57.13M | 47.92M | 46.99M | 0.00 | 20.71M | 21.20M | 0.00 | 0.00 | 0.00 | 0.00 | 758.88K | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 18.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 55.74M | 198.09M | 181.94M | 167.62M | 158.86M | 135.85M | 101.79M | 66.96M | 60.83M | 57.13M | 47.92M | 46.99M | 34.09M | 20.71M | 21.20M | 11.52M | 14.72M | 11.81M | 12.24M | 758.88K | 652.02K | 2.24M | 838.94K |
| Other Expenses | 0.00 | 374.00K | 9.49M | 6.97M | -4.90M | 800.00K | 268.00K | -3.50M | -3.50M | -3.50M | -1.91M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 55.74M | 197.52M | 180.39M | 165.67M | 158.60M | 139.05M | 104.96M | 69.75M | 63.80M | 59.72M | 50.54M | 49.22M | 105.83M | 97.18M | 106.45M | 101.18M | 80.80M | 56.54M | 32.43M | 776.68K | 672.89K | 2.31M | 849.56K |
| Cost & Expenses | 579.36M | 696.63M | 583.99M | 494.53M | 509.80M | 485.33M | 429.72M | 315.03M | 286.29M | 296.85M | 239.98M | 219.32M | 197.40M | 163.22M | 167.98M | 149.79M | 121.85M | 90.02M | 42.65M | 776.68K | 672.89K | 2.31M | 849.56K |
| Interest Income | 528.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -787.00K | -889.00K | -3.06M | -1.20M | 2.00K | 0.00 | 31.00K | 698.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 22.54M | 15.81M | 30.47M | 28.07M | 26.00M | 28.70M | 29.62M | 31.39M | 23.78M | 20.26M | 22.39M | 20.22M | 17.51M | 13.45M | 10.31M | 10.32M | 0.00 | 4.25M | 1.17M | 7.53K | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 226.51M | 217.06M | 215.37M | 214.30M | 216.16M | 208.87M | 185.67M | 149.37M | 147.16M | 136.28M | 108.80M | 95.78M | 71.74M | 76.47M | 85.25M | 89.67M | 66.08M | 44.73M | 20.19M | 17.80K | 91.24K | 74.88K | 10.62K |
| EBITDA | 262.78M | 875.09M | 650.50M | 167.23M | 148.44M | 378.98M | 311.65M | 149.21M | 181.10M | 311.73M | 220.21M | 132.89M | 136.29M | 113.41M | 66.74M | 143.58M | 64.93M | 48.49M | 45.33M | -693.37K | -467.02K | -609.40K | 342.19K |
| EBITDA Ratio | 37.51% | 64.39% | 61.95% | 49.03% | 52.24% | 55.39% | 55.96% | 50.60% | 55.86% | 65.85% | 58.29% | 51.66% | 51.51% | 53.47% | 44.30% | 70.51% | 53.79% | 51.71% | 66.87% | -1,058.54% | -430.89% | 9.77% | 49.12% |
| Operating Income | 121.27M | 661.28M | 377.67M | 53.41M | 117.47M | 135.36M | 125.98M | 21.46M | 30.09M | 175.11M | 82.61M | 37.10M | 64.55M | 25.11M | -18.51M | 54.11M | -1.15M | 3.75M | 25.14M | -711.17K | -563.33K | 167.39K | 799.17K |
| Operating Income Ratio | 17.31% | 48.66% | 39.62% | 9.85% | 18.54% | 21.78% | 22.62% | 6.36% | 9.48% | 37.03% | 26.09% | 14.42% | 24.40% | 13.22% | -12.29% | 26.54% | -0.96% | 4.00% | 37.09% | -1,085.71% | -514.17% | 6.75% | 48.47% |
| Total Other Income/Expenses | -105.32M | -22.72M | 39.80M | -118.91M | -214.09M | 6.06M | -188.09M | -53.01M | -19.94M | -19.92M | 7.30M | -17.13M | -16.26M | -985.00K | -11.51M | -10.52M | -17.36M | -3.29M | -15.89M | -7.53K | 3.64M | -565.02K | -685.27K |
| Income Before Tax | 15.95M | 857.32M | 408.94M | -71.24M | -90.20M | 142.15M | -60.87M | -30.46M | 11.07M | 156.12M | 89.91M | 20.76M | 49.18M | 11.66M | -28.82M | 43.59M | -18.51M | 463.00K | 9.25M | -718.71K | -1.60M | -517.88K | 0.00 |
| Income Before Tax Ratio | 2.28% | 63.09% | 42.91% | -13.14% | -14.23% | 22.87% | -10.93% | -9.02% | 3.49% | 33.01% | 28.39% | 8.07% | 18.59% | 6.14% | -19.13% | 21.38% | -15.34% | 0.49% | 13.65% | -1,097.21% | -1,461.04% | -20.88% | 0.00% |
| Income Tax Expense | 6.17M | 200.49M | 94.27M | -13.42M | -34.81M | 39.93M | -13.89M | -6.13M | 23.23M | 41.81M | 24.49M | 7.56M | 14.73M | 5.76M | -4.57M | 13.69M | -4.27M | 650.00K | 6.07M | 0.00 | -463.47K | 69.32K | 771.00 |
| Net Income | 9.78M | 656.83M | 314.68M | -57.82M | -55.39M | 102.21M | -46.98M | -24.34M | -12.16M | 114.30M | 65.42M | 13.20M | 34.45M | 5.90M | -24.25M | 29.90M | -14.24M | -1.11M | 3.19M | -718.71K | -1.14M | -587.19K | 798.40K |
| Net Income Ratio | 1.40% | 48.33% | 33.02% | -10.66% | -8.74% | 16.45% | -8.44% | -7.21% | -3.83% | 24.17% | 20.66% | 5.13% | 13.02% | 3.11% | -16.10% | 14.66% | -11.80% | -1.19% | 4.70% | -1,097.21% | -1,038.02% | -23.68% | 48.42% |
| EPS | 0.04 | 2.46 | 1.17 | -0.22 | -0.21 | 0.38 | -0.18 | -0.12 | -0.08 | 0.75 | 0.43 | 0.08 | 0.27 | 0.27 | -0.21 | 0.27 | -0.20 | -0.02 | 0.08 | -0.03 | -0.10 | -0.05 | 0.08 |
| EPS Diluted | 0.04 | 2.38 | 1.13 | -0.22 | -0.21 | 0.38 | -0.18 | -0.12 | -0.08 | 0.72 | 0.42 | 0.08 | 0.26 | 0.27 | -0.21 | 0.26 | -0.20 | -0.02 | 0.07 | -0.03 | -0.10 | -0.05 | 0.08 |
| Weighted Avg Shares Out | 266.46M | 265.55M | 265.99M | 265.94M | 265.93M | 265.85M | 265.18M | 199.58M | 152.29M | 147.76M | 142.42M | 137.08M | 126.28M | 124.63M | 117.99M | 108.99M | 72.16M | 58.81M | 40.63M | 24.51M | 11.37M | 11.37M | 11.37M |
| Weighted Avg Shares Out (Dil) | 272.49M | 275.22M | 274.36M | 265.94M | 265.93M | 267.32M | 265.18M | 199.58M | 152.29M | 152.24M | 145.01M | 139.91M | 131.44M | 128.52M | 117.99M | 113.09M | 72.16M | 58.81M | 42.95M | 26.01M | 11.57M | 11.37M | 11.43M |
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CALGARY, Alberta, March 13, 2024 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that it has filed its annual audited financial statements (the “financial statements”) and related management's discussion and analysis and...
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CALGARY, Alberta, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its unaudited 2023 full-year and fourth quarter financial and operational results and highlights from its independent reserves evaluation effective...
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