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Bullboard - Stock Discussion Forum Pine Cliff Energy Ltd T.PNE

Alternate Symbol(s):  PIFYF

Energy Oil & Gas E&P
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 > Natural gas and PNE has a future...
View:
Post by zack50 on Jul 07, 2022 1:56pm

Natural gas and PNE has a future...

Tight supply + very healthy demand equates to a higher price for natural gas.

Right now, PNE is debt free, offering a great dividend yield and has an abundance of FCF.

When investors finally realize that higher natural gas prices are going to be around for some time, PNE will re-rate and command a much higher stock price.
Comment by snowshoedb on Jul 08, 2022 1:24pm
i picked up some more at these prices. Also bought more BNE as I think long term the return on investment may be higher.
Pine Cliff Energy Ltd
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