Pine Cliff Energy Ltd. (PNE) To Go Ex-Dividend on September 15th

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

Pine Cliff Energy Price Performance

Shares of PNE stock traded up C$0.01 on Friday, reaching C$0.53. The company’s stock had a trading volume of 381,824 shares, compared to its average volume of 252,051. The stock’s fifty day simple moving average is C$0.55 and its 200-day simple moving average is C$0.61. Pine Cliff Energy has a 1 year low of C$0.51 and a 1 year high of C$0.91. The company has a current ratio of 0.54, a quick ratio of 1.48 and a debt-to-equity ratio of 157.85. The company has a market capitalization of C$190.16 million, a price-to-earnings ratio of -26.50 and a beta of -0.04.

Pine Cliff Energy (TSE:PNE) last released its quarterly earnings results on Wednesday, August 12th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$39.46 million during the quarter. Pine Cliff Energy had a negative return on equity of 27.35% and a negative net margin of 5.45%. Analysts forecast 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.