Pine Cliff Energy Ltd. (TSE:PNE) to Issue $0.00 Monthly Dividend

Pine Cliff Energy Ltd. (TSE:PNE) declared a monthly dividend on Monday, December 15th, TickerTech Dividends reports. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.0013 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, December 15th.

Pine Cliff Energy Trading Down 1.1%

Shares of PNE stock traded down C$0.01 during trading hours on Friday, hitting C$0.89. 73,906 shares of the company’s stock traded hands, compared to its average volume of 203,353. The stock has a market cap of C$319.32 million, a PE ratio of -14.83 and a beta of -0.25. The stock’s 50 day simple moving average is C$0.79 and its 200 day simple moving average is C$0.69. The company has a quick ratio of 1.48, a current ratio of 0.47 and a debt-to-equity ratio of 76.74. Pine Cliff Energy has a 12 month low of C$0.51 and a 12 month high of C$0.98.

Pine Cliff Energy (TSE:PNE) last issued its quarterly earnings data on Wednesday, November 5th. The company reported C($0.02) earnings per share for the quarter. The business had revenue of C$37.61 million during the quarter. Pine Cliff Energy had a negative return on equity of 18.45% and a negative net margin of 8.28%. On average, sell-side analysts anticipate that Pine Cliff Energy will post 0.0099907 EPS for the current year.

Pine Cliff Energy Company Profile

Pine Cliff Energy Ltd is a Canadian natural gas focused, exploration and production company. It is mainly engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company owns a Western Canadian Sedimentary Basin, Ghost Pine/Three Hills and Camrose/Viking areas of Central Alberta, several gas assets in Southeast Alberta and Southwest Saskatchewan, non-operated properties in the Sundance, Harmattan, and Garrington areas of Alberta and others.