Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s): PIFYF

Energy Oil & Gas E&P

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

Pine Cliff Energy Ltd > Buy Back = Long Term Investor...why I bought more today

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Comment by FreeCashFlowon Nov 25, 2021 5:36pm

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Post# 34166700

RE:Buy Back = Long Term Investor...why I bought more today

Hey Mr Snow Shoe , Keep up the big spending and as you are predicting I see this going higher too .

If revenue averages 150 to 175 mil per annum for the next 3 years ... and I think that may be on the low side of an egregious increase in cash flow , what will PNE be worth in 3 years ?

Is 4 or 5 times cash flow a sensible multiple ?

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