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Bullboard - Stock Discussion Forum Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Pine Cliff Energy Ltd. is a Canada-based company that is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Central Assets include Ghost Pine and Viking Kinsella... see more

TSX:PNE - Post Discussion

Pine Cliff Energy Ltd > What more could we want in 2022...
View:
Post by zack50 on Mar 08, 2022 8:50pm

What more could we want in 2022...

It's exciting... no need to sell this baby just yet.

* possibile to be debt free
* dividend payable... "May the 4th be with you!"
lowest production decline rate of any public oil and gas company in Canada
* generating one of the highest free cash flow yields in th public market
Comment by mjh9413 on Mar 09, 2022 12:34am
Disappointed that Q4 CF not higher but, yes.2022? Acqun late Dec close so added volumes signifcant plus in Q1 (results out ealy May) and onwards. Seem to have a just less than 1/2 both gas and oil somewhat favorably hedged to Oct 2022. They sure payt themselves well with cash and options but what's new in the oil industry,eh. No interest in divvy. Far too many shares o/s to maake it but a mere ...more  
Comment by bandit69 on Mar 09, 2022 9:16am
By the look of the chart, specifically yesterday's session, I think my prediction will be accurate of a price drop now that earnings are out. Those candlesticks with long wicks almost always are doing what I call poking a balloon. We will see today qhat happens. As I said, I'll be happy to be wrong. :) You are right about the dividend and float comment but it is all relative. 5% of ...more  
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