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 > Yup - I like it...

<< Previous

Bullboard Posts

Next >>

Post by zack50on Mar 08, 2023 8:17pm

425 Views

Post# 35327199

Yup - I like it...

Full year 2022 results:

EPS: CA$0.31 (up from CA$0.24 in FY 2021).
Revenue: CA$274.7m (up 82% from FY 2021).
Net income: CA$108.9m (up 34% from FY 2021).
Profit margin: 40% (down from 54% in FY 2021). The decrease in margin was driven by higher expenses.

Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has increased by 169% per year, which means it is tracking significantly ahead of earnings growth.

<< Previous

Bullboard Posts

Next >>

Unique Battery Metals opportunity in Quebec