Pine Cliff Energy Ltd T.PNE

Dividend

[Playacar]

Their financial results are outstanding but I'm not surprised that the stock price is down this morning.  Yes a 20 percent increase is good but.  They are only paying out 25 percent of their cash flow.   Most oil gas company's are paying out about 50 percent. It's time that the shareholders get paid.  I hope that pine cliff will perhaps pay out a special one time dividend. As the old saying goes.   Make hay when the sun is shining. They got the cash. Hope they don't make a acquisition .   This would be a negative in my opinion. Just like whitecap energy.  Rather then increase there dividend they paid 1.9 billion on a acquisition

[Skylar1]

I agree with you except the growth point . PNE needs to grow because Natural Gas will be in demand forever and so will oil The more they sell the better the profits . They will probably get taken out at some point as well. GLTA

[bandit69]

At some point all of them have to replace reserves.  They can't just return capital and not replace or they're eventually dead and I don't see a huge drilling inventory here.  and a quick calculation of active wells to average production ..... ~21000 boe's per day and 8259 standing active wellheads that's about 2.5boe's per well.  In other words, a trickle