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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

Post by zack50on Jul 30, 2022 10:17am
254 Views
Post# 34862080

Investor sentiment improved over the past week...

Investor sentiment improved over the past week...
   
   

Investor sentiment improved over the past week. After last week's ~16% share price gain to CA$1.84, the stock trades at a trailing P/E ratio of 6.6x.
  • Average trailing P/E is 8x in the Oil & Gas industry in Canada.
  • Total returns to shareholders of 1,277% over the past three years.
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