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Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Pine Cliff Energy Ltd. is a Canada-based natural gas and crude oil company. The Company 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 areas of Central Alberta. Its Southern Assets includes Monogram unit, Many Islands / Hatton properties, Pendor, Black Butte and Eagle Butte areas. Its Edson Assets include Pine Cliff with its first core area in the Western Canadian Sedimentary Basin. It operates and sells its natural gas to the common Alberta natural gas price hub.


TSX:PNE - Post by User

Comment by MrT2020on Mar 22, 2021 10:13am
97 Views
Post# 32849592

RE:PNE & Natural Gas Fact vs Troll of Fear & Negativity

RE:PNE & Natural Gas Fact vs Troll of Fear & NegativityWell thanks for the speech from the promo department at PNE . At the moment spot and strip pricing is below break even for PNE . US production is back Over 100 bcf and storage is filling up again . But you sound like you are on the inflated payroll of PNE so enjoy the gravy train . 

As for the future of PNE shareholders you see 75 cents and a dividend ..... that’s where you lose credibility.  They have no money to buy anything . Production is capped , Aeco prices are dropping and revenue will continue to disappoint . 1st quarter 2021 will be good but Aeco is already below breal even .  Dividends ???   Lol 


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