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Bullboard - Stock Discussion Forum 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... see more

TSX:PNE - Post Discussion

Pine Cliff Energy Ltd > anyone have a guess on average AECO PRICE 1ST OF 2121
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Post by Skylar1 on Mar 13, 2021 11:19am

anyone have a guess on average AECO PRICE 1ST OF 2121

last quarter $2.73 , they generated 8 mil adjusted funds flow so if they get $3.00 that should be another couple mil keeping in mind they were 65% non hedged for the quarter. They also have been hedging through the summer months at $2.50 and up for 2021 i was told by Mr Hodge, so this year will look a lot better than 2020. GLTA
Comment by jjgrey on Mar 13, 2021 3:28pm
my best guess is 3.05 to 3.10 assuming no changes the balance of the month.
Comment by MrT2020 on Mar 14, 2021 8:32am
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Comment by snowshoedb on Mar 14, 2021 1:50pm
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Comment by jjgrey on Mar 14, 2021 3:22pm
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Comment by MrT2020 on Mar 14, 2021 5:22pm
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Comment by Java7 on Mar 14, 2021 7:30pm
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Comment by MrT2020 on Mar 15, 2021 9:58am
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Comment by Skylar1 on Mar 16, 2021 7:46am
Would be nice to see another blast of cold air before march is over , also they do get a small premium to AECO something to do with owning their own pipeline i believe. 
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