Pine Cliff Energy (TSE:PNE) Issues Earnings Results

Pine Cliff Energy (TSE:PNEGet Free Report) posted its earnings results on Wednesday. The company reported C($0.01) earnings per share (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 Stock Performance

PNE opened at C$0.51 on Thursday. The firm’s fifty day moving average is C$0.57 and its two-hundred day moving average is C$0.63. 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 cap of C$182.98 million, a PE ratio of -25.50 and a beta of -0.00. Pine Cliff Energy has a twelve month low of C$0.51 and a twelve month high of C$0.91.

Pine Cliff Energy Dividend Announcement

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 $0.0013 dividend. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, August 14th. Pine Cliff Energy’s dividend payout ratio is presently -75.00%.

About Pine Cliff Energy

(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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