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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 > Eric Nuttall
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Post by retiredcfon Feb 26, 2023 12:47pm
547 Views
Post# 35305861

Eric Nuttall

Eric NuttallBear in mind that he doesn't like any NG company and he had "Don't Buy" for the likes of OVV, BIR, PXT etc. GLTA

HOLD
Pine Cliff Energy(PNE-T)
24/02/2023
 
Does not believe dividend is sustainable given current strip price.
Could take on debt to sustain dividend.
Challenges ahead for the company.
Depends on outlook for natural gas. 
 
 
Oil / Gas
 
Eric Nuttall
$1.19
No
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