Pine Cliff Energy (OTCMKTS:PIFYF) Shares Down 1.1% – What’s Next?

Pine Cliff Energy Ltd. (OTCMKTS:PIFYFGet Free Report) fell 1.1% on Wednesday . The company traded as low as $0.3661 and last traded at $0.3661. 255,590 shares traded hands during trading, an increase of 187% from the average session volume of 88,920 shares. The stock had previously closed at $0.37.

Pine Cliff Energy Price Performance

The firm’s fifty day moving average price is $0.41 and its 200-day moving average price is $0.46.

Pine Cliff Energy Company Profile

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Pine Cliff Energy Ltd. is a publicly traded oil and natural gas producer headquartered in Calgary, Alberta. The company focuses on the exploration, development and production of light crude oil, natural gas and natural gas liquids in the Western Canadian Sedimentary Basin. Its core asset is a Montney play near Grande Prairie, Alberta, where it holds working interests in both conventional and tight gas reservoirs.

Pine Cliff’s operations are anchored by the Ante Creek natural gas processing facility, which provides gas gathering, processing and de-ethanization services.

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