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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 RJboxeron Jan 06, 2025 5:23pm
139 Views
Post# 36391316

Started a position in PNE today

Started a position in PNE todayI've been in this name before, but exiteda couple of years ago and forgot about it.  Checked it out last week and was surprised to see it trading at what I consider great value levels.  I'm bullish on natural gas prices overall and view my small starter position as low risk ownership.  If it drops from her I'll look to average down.
Also love the dividend which I view as sustainable at the current NG strip.
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