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Pine Cliff Energy Ltd PIFYF


Primary Symbol: T.PNE

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 zack50on Nov 21, 2024 6:23pm
40 Views
Post# 36324925

RE:AECO $1.50 yesterday

RE:AECO $1.50 yesterday Well, you have a 7.4% dividend yield while you wait for the share price to rise... Or you could sell tomorrow for maybe $0.92 and pick up a quick $2200... Or wait a little longer and make those Christmas gifts bigger.

Natural gas futures have been on an upward trend, driven by colder weather forecasts and a bullish storage report from the U.S. Energy Information Administration (EIA).

This combination of factors has helped boost prices, which is great news for those who have an investment in PNE.

Let's hope the trend continues as winter sets in!

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