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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 > Eric Nuttall
View:
Post by retiredcf on Feb 26, 2023 12:47pm

Eric Nuttall

Bear in mind that he doesn't like any NG company and he had "Don't Buy" for the likes of OVV, BIR, PXT etc. GLTA

HOLD
Pine Cliff Energy(PNE-T)
24/02/2023
 
Does not believe dividend is sustainable given current strip price.
Could take on debt to sustain dividend.
Challenges ahead for the company.
Depends on outlook for natural gas. 
 
 
Oil / Gas
 
Eric Nuttall
$1.19
No
Comment by oldbrit34 on Feb 26, 2023 4:25pm
The history of any stock market is that on any given day stocks are overbought or oversold, and not just a few. Is PNE oversold or a value trap ? It has to be one or the other. 
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