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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

Comment by blackdogon Jun 26, 2024 5:41pm
122 Views
Post# 36107894

RE:RE:RE:RE:RE:stock price back above YGR

RE:RE:RE:RE:RE:stock price back above YGRTheir production and hedging numbers are all in the Q1 financials and current presentation. Do some quick math with what we now know are the Q2 product prices. You might be very surprised. And then understand why the share price is holding up inspite of your running in circles screaming about the sky falling.

Take the math forward with their Q3 hedges and then with even modest improvments in pricing and tell us what your opinion would be then.

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