Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Everything's up... Q1 has got to move this stock higher
View:
Post by zack50 on Mar 10, 2022 1:27pm

Everything's up... Q1 has got to move this stock higher

Full year 2021 results:
  • EPS: CA$0.24 (up from CA$0.15 loss in FY 2020).
  • Revenue: CA$150.7m (up 49% from FY 2020).
  • Net income: CA$81.4m (up CA$131.5m from FY 2020).
  • Profit margin: 54% (up from net loss in FY 2020).
  • Share price is up ~200% over the past year.

Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. I guess it's gonna' take Q1 results to make this baby jump!

Comment by bandit69 on Mar 10, 2022 10:09pm
Looks like old bandito was right, no pop on earnings.  I don't think it'll happen after Q1 either.  I stick with my past comments that without a dividend it will lag the markets in general.. The evidence is clear between those returning capital to those that are not.   I wish they would have just announced the expected date of implementation and expected distribution.& ...more