Birchcliff Energy (TSX:BIR.PR.C.PFD) 12-1 Month Momentum %

: -1.44% (As of Today)

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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), Birchcliff Energy's 12-1 Month Momentum % is -1.44%.

The industry rank for Birchcliff Energy's 12-1 Month Momentum % or its related term are showing as below:

TSX:BIR.PR.C.PFD's 12-1 Month Momentum % is ranked worse than
79.69% of 1088 companies
in the Oil & Gas industry
Industry Median: -3.225 vs TSX:BIR.PR.C.PFD: -1.44

Competitive Comparison

For the Oil & Gas E&P subindustry, Birchcliff Energy's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Birchcliff Energy 12-1 Month Momentum % Distribution

For the Oil & Gas industry and Energy sector, Birchcliff Energy's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Birchcliff Energy's 12-1 Month Momentum % falls into.

Birchcliff Energy (TSX:BIR.PR.C.PFD) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Birchcliff Energy (TSX:BIR.PR.C.PFD) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Birchcliff Energy 12-1 Month Momentum % Related Terms

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Birchcliff Energy (TSX:BIR.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Birchcliff Energy Ltd (TSX:BIR.PR.C.PFD) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

BIREF:USA 39B:Germany BIR:Canada

Address

600 - 3rd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 0G5

Website

https://www.birchcliffenergy.com

Birchcliff Energy Ltd is an intermediate oil and gas company that explores for, develops, and produces natural gas, light oil, and natural gas liquids. The company conducts its drilling program in resource plays located in the Peace River Arch region of Alberta. Birchcliff focuses on operating nearly all its high working production, which is surrounded by blocks of high working interest lands where it owns and/or controls the infrastructure. To get the full value out of its natural gas wells, several gas plants are completely owned and operated for gas processing purposes. Natural gas production accounts for the majority of Birchcliff's revenue.

Birchcliff Energy (TSX:BIR.PR.C.PFD) Headlines

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