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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 Java7on May 05, 2021 9:06pm
106 Views
Post# 33138032

RE:Wicked

RE:WickedSorry boys and girls tried to post a FCF chart but Stockhouse strikes again

With Pine Cliff’s 7% production decline rate, our cash flow quickly transforms into free cash flow because we spend so little on drilling to replace production compared to many of our industry peers. As shown in the bar graph from Desjardins Securities, Pine Cliff compares favorably to our natural gas peers on a free cash flow yield % basis. 

TOU for example at 4$ NYMEX is 22% PNE is the best at 78%

Java7
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