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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 > Slow bleed
View:
Post by March88 on Jan 30, 2023 12:51pm

Slow bleed

I know it's the name of the game but this slow bleed is nerve racking. Waiting for the price to settle but it seems like everywhere I read is bearish news on nat gas. Hanging on though! Part of me feels greedy for not having sold at 2.05! Main thing here, we're debt free!
Comment by Bano1122 on Jan 30, 2023 1:06pm
Let the knife fall , then buy more ng is not going anywhere or is pincliff
Comment by geric on Jan 30, 2023 2:08pm
From January presentation: " Pine Cliff has one of the highest sustainable base dividend yields (8.4% as of January 16, 2023) in the Canadian markets, which is covered down to an AECO price of $2.45/mcf(1) "
Comment by zack50 on Jan 30, 2023 7:02pm
Yes, it's gut wrenching but we'll be OK... it will be just fine!
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