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

Pine Cliff Energy (TSE:PNEGet Free Report) posted its quarterly earnings results on Wednesday. The company reported C$0.02 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$41.35 million for the quarter. Pine Cliff Energy had a negative net margin of 11.78% and a negative return on equity of 49.59%.

Pine Cliff Energy Price Performance

Shares of PNE stock opened at C$0.69 on Friday. Pine Cliff Energy has a twelve month low of C$0.51 and a twelve month high of C$0.91. The company has a market capitalization of C$247.57 million, a PE ratio of -11.50 and a beta of -0.04. The company has a current ratio of 0.45, a quick ratio of 1.48 and a debt-to-equity ratio of 137.48. The firm has a fifty day simple moving average of C$0.75 and a 200-day simple moving average of C$0.74.

Pine Cliff Energy Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 27th were issued a $0.0013 dividend. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date was Friday, February 13th. Pine Cliff Energy’s dividend payout ratio is currently -56.25%.

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.

Further Reading

Earnings History for Pine Cliff Energy (TSE:PNE)

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