Key Points
- Director Philip Blake Hodge bought 30,000 Pine Cliff Energy shares at an average price of C$0.53, investing C$15,900 and increasing his ownership by 0.28% to 10.92 million shares.
- Pine Cliff Energy reported quarterly revenue of C$39.46 million and a loss of C$0.01 per share, alongside negative net margins and return on equity.
- The company declared a monthly dividend of C$0.0013 per share, representing an annualized yield of approximately 2.9%.
Pine Cliff Energy Ltd. (TSE:PNE - Get Free Report) Director Philip Blake Hodge acquired 30,000 shares of the stock in a transaction that occurred on Wednesday, September 23rd. The shares were bought at an average price of C$0.53 per share, with a total value of C$15,900.00. Following the completion of the purchase, the director owned 10,916,047 shares in the company, valued at C$5,785,504.91. The trade was a 0.28% increase in their ownership of the stock.
Pine Cliff Energy Price Performance
Shares of TSE PNE opened at C$0.53 on Thursday. Pine Cliff Energy Ltd. has a 1-year low of C$0.51 and a 1-year high of C$0.91. The company has a debt-to-equity ratio of 157.85, a current ratio of 0.54 and a quick ratio of 1.48. The business's fifty day moving average price is C$0.54 and its two-hundred day moving average price is C$0.60. The firm has a market capitalization of C$190.16 million, a PE ratio of -26.50 and a beta of -0.04.
Pine Cliff Energy (TSE:PNE - Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$39.46 million for the quarter. Pine Cliff Energy had a negative net margin of 5.45% and a negative return on equity of 27.35%. On average, research analysts expect that Pine Cliff Energy Ltd. will post 0.0099907 EPS for the current year.
Pine Cliff Energy Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 30th will be given a $0.0013 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 2.9%. Pine Cliff Energy's dividend payout ratio (DPR) is currently -75.00%.
Pine Cliff Energy Company Profile
(
Get Free Report)
Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
