Pine Cliff Energy (TSE:PNE) Announces Earnings Results

Pine Cliff Energy (TSE:PNE) announced its earnings results on Thursday. The company reported C($0.01) EPS for the quarter, FiscalAI reports. The company had revenue of C$41.54 million for 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 Trading Down 1.9%

Pine Cliff Energy stock traded down C$0.01 during midday trading on Friday, reaching C$0.52. The stock had a trading volume of 78,762 shares, compared to its average volume of 239,922. The stock’s 50-day simple moving average is C$0.53 and its 200 day simple moving average is C$0.61. The stock has a market capitalization of C$186.57 million, a PE ratio of -26.00 and a beta of 0.27. The company has a debt-to-equity ratio of 157.85, a quick ratio of 1.48 and a current ratio of 0.54. Pine Cliff Energy has a twelve month low of C$0.50 and a twelve month high of C$0.91.

Pine Cliff Energy Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.0013 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $0.02 dividend on an annualized basis and a dividend yield of 3.0%. Pine Cliff Energy’s dividend payout ratio is currently -75.00%.

Pine Cliff Energy Company Profile

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