Pine Cliff Energy Ltd. (TSE:PNE) Announces Monthly Dividend of $0.00

Pine Cliff Energy Ltd. (TSE:PNE) declared a monthly dividend on Tuesday, September 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of 0.0013 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

Pine Cliff Energy Trading Up 1.9%

PNE stock traded up C$0.01 during midday trading on Friday, hitting C$0.53. 381,824 shares of the company’s stock were exchanged, compared to its average volume of 252,051. Pine Cliff Energy has a one year low of C$0.51 and a one year high of C$0.91. The company has a debt-to-equity ratio of 157.85, a quick ratio of 1.48 and a current ratio of 0.54. The company has a market cap of C$190.16 million, a PE ratio of -26.50 and a beta of -0.04. The stock’s fifty day moving average price is C$0.55 and its 200-day moving average price is C$0.61.

Pine Cliff Energy (TSE:PNE) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. Pine Cliff Energy had a negative return on equity of 27.35% and a negative net margin of 5.45%.The business had revenue of C$39.46 million during the quarter. Research analysts predict that Pine Cliff Energy will post 0.0099907 earnings per share for the current fiscal year.

About Pine Cliff Energy

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