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

Pine Cliff Energy (TSE:PNEGet Free Report) announced its quarterly earnings data on Wednesday. The company reported C($0.01) EPS for the quarter, FiscalAI reports. The company had revenue of C$39.46 million for the quarter. Pine Cliff Energy had a negative return on equity of 31.31% and a negative net margin of 6.63%.

Pine Cliff Energy Price Performance

TSE:PNE remained flat at C$0.51 on Wednesday. 420,276 shares of the company’s stock traded hands, compared to its average volume of 246,060. The stock has a fifty day moving average price of C$0.57 and a two-hundred day moving average price of C$0.64. Pine Cliff Energy has a 12 month low of C$0.51 and a 12 month high of C$0.91. The company has a debt-to-equity ratio of 129.72, a quick ratio of 1.48 and a current ratio of 0.56. The firm has a market capitalization of C$182.98 million, a PE ratio of -25.50 and a beta of -0.00.

Pine Cliff Energy Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 31st will be paid a dividend of $0.0013 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 3.1%. Pine Cliff Energy’s payout ratio is -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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