Birchcliff Energy Ltd.
Birchcliff Energy Ltd., an intermediate oil and natural gas company, engages in the exploration, development, and production of natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds 91% working interest in the Pouce Coupe area is located northwest of Grande Prairie, Alberta; and 75% working interest in the Gordondale area is located northwest of Gr… Read more
Birchcliff Energy Ltd. (BIREF) - Net Assets
Latest net assets as of September 2025: $1.25 Billion USD
Based on the latest financial reports, Birchcliff Energy Ltd. (BIREF) has net assets worth $1.25 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.46 Billion) and total liabilities ($1.21 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.25 Billion |
| % of Total Assets | 50.79% |
| Annual Growth Rate | 30.85% |
| 5-Year Change | 34.86% |
| 10-Year Change | 99.83% |
| Growth Volatility | 575.79 |
Birchcliff Energy Ltd. - Net Assets Trend (2000–2024)
This chart illustrates how Birchcliff Energy Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Birchcliff Energy Ltd. (2000–2024)
The table below shows the annual net assets of Birchcliff Energy Ltd. from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.20 Billion | -1.37% |
| 2023-12-31 | $2.23 Billion | -7.76% |
| 2022-12-31 | $2.41 Billion | +25.82% |
| 2021-12-31 | $1.92 Billion | +17.82% |
| 2020-12-31 | $1.63 Billion | -4.01% |
| 2019-12-31 | $1.70 Billion | -4.47% |
| 2018-12-31 | $1.77 Billion | +4.64% |
| 2017-12-31 | $1.70 Billion | -3.32% |
| 2016-12-31 | $1.75 Billion | +59.72% |
| 2015-12-31 | $1.10 Billion | -0.71% |
| 2014-12-31 | $1.11 Billion | +20.97% |
| 2013-12-31 | $914.49 Million | +9.62% |
| 2012-12-31 | $834.25 Million | +27.06% |
| 2011-12-31 | $656.60 Million | +13.77% |
| 2010-12-31 | $577.12 Million | +4.07% |
| 2009-12-31 | $554.56 Million | +9.30% |
| 2008-12-31 | $507.37 Million | +48.90% |
| 2007-12-31 | $340.76 Million | +38.29% |
| 2006-12-31 | $246.40 Million | +10.05% |
| 2005-12-31 | $223.89 Million | +436.99% |
| 2004-12-31 | $41.69 Million | +2875.08% |
| 2003-12-31 | $1.40 Million | -45.18% |
| 2002-12-31 | $2.56 Million | -23.53% |
| 2001-12-31 | $3.34 Million | -3.26% |
| 2000-12-31 | $3.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Birchcliff Energy Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 132150.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $639.85 Million | 29.15% |
| Common Stock | $1.44 Billion | 65.77% |
| Other Components | $111.58 Million | 5.08% |
| Total Equity | $2.20 Billion | 100.00% |
Birchcliff Energy Ltd. Competitors by Market Cap
The table below lists competitors of Birchcliff Energy Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Shenjian New Materials Co Ltd
SHE:002361
|
$1.13 Billion |
|
Leroy Seafood Group ASA
LSE:0GM2
|
$1.13 Billion |
|
Shenzhen Chipscreen Biosciences Co
SHG:688321
|
$1.13 Billion |
|
Suess Microtec SE
LSE:0Q3C
|
$1.13 Billion |
|
Paladin Energy Ltd
OTCQX:PALAF
|
$1.13 Billion |
|
FUGRO NV NAM. EO 005
F:F3DC
|
$1.13 Billion |
|
DBV Technologies
NASDAQ:DBVT
|
$1.13 Billion |
|
Xior Student Housing NV
PINK:XIORF
|
$1.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Birchcliff Energy Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,225,445,000 to 2,195,015,000, a change of -30,430,000 (-1.4%).
- Net income of 56,100,000 contributed positively to equity growth.
- Dividend payments of 107,833,000 reduced retained earnings.
- New share issuances of 10,778,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $56.10 Million | +2.56% |
| Dividends Paid | $107.83 Million | -4.91% |
| Share Issuances | $10.78 Million | +0.49% |
| Other Changes | $10.53 Million | +0.48% |
| Total Change | $- | -1.37% |
Book Value vs Market Value Analysis
This analysis compares Birchcliff Energy Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.52x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 13.92x to 0.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.30 | $4.21 | x |
| 2001-12-31 | $0.29 | $4.21 | x |
| 2002-12-31 | $0.18 | $4.21 | x |
| 2003-12-31 | $0.12 | $4.21 | x |
| 2004-12-31 | $1.60 | $4.21 | x |
| 2005-12-31 | $5.21 | $4.21 | x |
| 2006-12-31 | $4.19 | $4.21 | x |
| 2007-12-31 | $4.72 | $4.21 | x |
| 2008-12-31 | $4.49 | $4.21 | x |
| 2009-12-31 | $4.70 | $4.21 | x |
| 2010-12-31 | $4.49 | $4.21 | x |
| 2011-12-31 | $5.00 | $4.21 | x |
| 2012-12-31 | $5.96 | $4.21 | x |
| 2013-12-31 | $6.31 | $4.21 | x |
| 2014-12-31 | $7.27 | $4.21 | x |
| 2015-12-31 | $7.21 | $4.21 | x |
| 2016-12-31 | $8.79 | $4.21 | x |
| 2017-12-31 | $6.40 | $4.21 | x |
| 2018-12-31 | $6.64 | $4.21 | x |
| 2019-12-31 | $6.38 | $4.21 | x |
| 2020-12-31 | $6.12 | $4.21 | x |
| 2021-12-31 | $6.99 | $4.21 | x |
| 2022-12-31 | $8.77 | $4.21 | x |
| 2023-12-31 | $8.17 | $4.21 | x |
| 2024-12-31 | $8.06 | $4.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Birchcliff Energy Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.75%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.56x
- Recent ROE (2.56%) is above the historical average (-0.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 23.11% | 48.42% | 0.42x | 1.13x | $452.85K |
| 2001 | 23.88% | 48.42% | 0.43x | 1.16x | $464.12K |
| 2002 | -28.80% | -23.68% | 0.70x | 1.74x | $-791.07K |
| 2003 | -85.26% | -1038.02% | 0.04x | 2.10x | $-1.27 Million |
| 2004 | -1.72% | -1097.21% | 0.00x | 1.03x | $-4.89 Million |
| 2005 | 1.42% | 4.70% | 0.22x | 1.39x | $-19.20 Million |
| 2006 | -0.45% | -1.19% | 0.26x | 1.47x | $-25.75 Million |
| 2007 | -4.18% | -11.80% | 0.18x | 1.94x | $-48.32 Million |
| 2008 | 5.89% | 14.66% | 0.25x | 1.61x | $-20.84 Million |
| 2009 | -4.37% | -16.10% | 0.18x | 1.51x | $-79.71 Million |
| 2010 | 1.02% | 3.11% | 0.19x | 1.72x | $-51.81 Million |
| 2011 | 5.25% | 13.02% | 0.22x | 1.87x | $-31.21 Million |
| 2012 | 1.58% | 5.13% | 0.18x | 1.71x | $-70.23 Million |
| 2013 | 7.15% | 20.66% | 0.20x | 1.73x | $-26.03 Million |
| 2014 | 10.33% | 24.17% | 0.25x | 1.73x | $3.68 Million |
| 2015 | -1.11% | -3.83% | 0.16x | 1.84x | $-122.00 Million |
| 2016 | -1.39% | -7.21% | 0.12x | 1.54x | $-199.78 Million |
| 2017 | -2.77% | -8.44% | 0.21x | 1.55x | $-216.60 Million |
| 2018 | 5.76% | 16.45% | 0.22x | 1.56x | $-75.28 Million |
| 2019 | -3.27% | -8.74% | 0.22x | 1.66x | $-224.95 Million |
| 2020 | -3.55% | -10.66% | 0.19x | 1.78x | $-220.58 Million |
| 2021 | 16.41% | 33.02% | 0.32x | 1.54x | $122.92 Million |
| 2022 | 27.22% | 48.33% | 0.43x | 1.31x | $415.57 Million |
| 2023 | 0.44% | 1.40% | 0.22x | 1.43x | $-212.76 Million |
| 2024 | 2.56% | 8.75% | 0.19x | 1.56x | $-163.40 Million |
Industry Comparison
This section compares Birchcliff Energy Ltd.'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Birchcliff Energy Ltd. (BIREF) | $1.25 Billion | 23.11% | 0.97x | $1.13 Billion |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |