Pine Cliff Energy (TSE:PNE) Issues Quarterly Earnings Results

Pine Cliff Energy (TSE:PNE – Get Free Report) issued its quarterly earnings results on Thursday. The company reported C($0.01) EPS for the quarter, FiscalAI reports. The business had revenue of C$41.54 million during the quarter. Pine Cliff Energy had a negative net margin of 5.45% and a negative return on equity of 27.35%.

Pine Cliff Energy Stock Down 1.9%

Shares of TSE PNE opened at C$0.52 on Friday. The stock has a market cap of C$186.57 million, a P/E ratio of -26.00 and a beta of 0.27. The company has a current ratio of 0.54, a quick ratio of 1.48 and a debt-to-equity ratio of 157.85. Pine Cliff Energy has a 12-month low of C$0.50 and a 12-month high of C$0.91. The business’s fifty day simple moving average is C$0.53 and its 200-day simple moving average is C$0.61.

Pine Cliff Energy Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Friday, October 30th were paid a $0.0013 dividend. This represents a $0.02 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Thursday, October 15th. Pine Cliff Energy’s dividend payout ratio (DPR) is presently -75.00%.

Pine Cliff Energy Company Profile

(Get Free Report)

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.

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Earnings History for Pine Cliff Energy (TSE:PNE)

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