Key Points
- Insider buying: Director Robert Brent Fryk purchased 24,500 shares on Nov 18 at C$0.81 (C$19,845), raising his direct stake to 125,000 shares (a 24.38% increase); he also bought 50,000 shares on Nov 14 and 500 on Nov 18, totaling 75,000 shares bought recently.
- Company fundamentals and payout: Pine Cliff reported negative quarterly EPS (C($0.02)) with negative net margin and ROE, trades around C$0.89 (52-week range C$0.51–C$0.98) and a C$319.3M market cap, and pays a small monthly dividend of C$0.0013 (ex-dividend Dec 15) implying roughly a 1.8% annual yield.
Pine Cliff Energy Ltd. (TSE:PNE - Get Free Report) Director Robert Brent Fryk purchased 24,500 shares of Pine Cliff Energy stock in a transaction on Tuesday, November 18th. The shares were acquired at an average price of C$0.81 per share, for a total transaction of C$19,845.00. Following the completion of the transaction, the director directly owned 125,000 shares of the company's stock, valued at approximately C$101,250. The trade was a 24.38% increase in their ownership of the stock.
Robert Brent Fryk also recently made the following trade(s):
- On Friday, November 14th, Robert Brent Fryk acquired 50,000 shares of Pine Cliff Energy stock. The stock was acquired at an average price of C$0.82 per share, with a total value of C$41,000.00.
- On Tuesday, November 18th, Robert Brent Fryk acquired 500 shares of Pine Cliff Energy stock. The stock was acquired at an average cost of C$0.79 per share, with a total value of C$395.00.
Pine Cliff Energy Price Performance
Shares of TSE:PNE opened at C$0.89 on Friday. The stock has a market cap of C$319.32 million, a PE ratio of -14.83 and a beta of -0.25. The company's fifty day moving average is C$0.79 and its 200 day moving average is C$0.69. Pine Cliff Energy Ltd. has a 52 week low of C$0.51 and a 52 week high of C$0.98. 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 (TSE:PNE - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C($0.02) earnings per share (EPS) for the quarter. Pine Cliff Energy had a negative net margin of 8.28% and a negative return on equity of 18.45%. The company had revenue of C$37.61 million for the quarter. Research analysts anticipate that Pine Cliff Energy Ltd. will post 0.0099907 earnings per share for the current year.
Pine Cliff Energy Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st will be given a $0.0013 dividend. The ex-dividend date is Monday, December 15th. This represents a c) annualized dividend and a yield of 1.8%. Pine Cliff Energy's payout ratio is presently -56.25%.
Pine Cliff Energy Company Profile
(
Get Free Report)
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.
See Also
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