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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 > Insiders still buying...
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Comment by FreeCashFlowon Dec 09, 2021 10:14am
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Post# 34214211

RE:RE:RE:RE:RE:Insiders still buying...

RE:RE:RE:RE:RE:Insiders still buying...Natural gas is not 5.50 anymore , it's not 4.50 anymore . It is less than 3.50 . So there will be no dividend next year .  But yes debt will be lower . 

Storage volumes seem fine too so I don't see gas prices going higher and PNE will be lucky to hold onto the 60 cent valuation . Good luck out there !
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