Pine Cliff Energy Ltd. (TSE:PNE) Declares $0.00 Monthly Dividend

Pine Cliff Energy Ltd. (TSE:PNE) declared a monthly dividend on Tuesday, September 15th. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.0013 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

Pine Cliff Energy Trading Up 1.9%

Shares of PNE traded up C$0.01 during trading hours on Friday, reaching C$0.53. The stock had a trading volume of 381,824 shares, compared to its average volume of 252,051. The company has a quick ratio of 1.48, a current ratio of 0.54 and a debt-to-equity ratio of 157.85. Pine Cliff Energy has a 52 week low of C$0.51 and a 52 week high of C$0.91. The firm has a 50-day moving average of C$0.55 and a 200 day moving average of C$0.61. The company has a market cap of C$190.16 million, a P/E ratio of -26.50 and a beta of -0.04.

Pine Cliff Energy (TSE:PNE) last posted its earnings results on Wednesday, August 12th. The company reported C($0.01) earnings per share for the quarter. Pine Cliff Energy had a negative return on equity of 27.35% and a negative net margin of 5.45%.The business had revenue of C$39.46 million for the quarter. On average, sell-side analysts expect that Pine Cliff Energy will post 0.0099907 earnings per share for the current fiscal year.

Pine Cliff Energy Company Profile

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.