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

Key Points

• Pine Cliff declared a monthly dividend of C$0.0013 per share, payable to shareholders of record on April 30 with an ex-dividend date of April 15, implying an annualized yield of about 2.4%.
• The company shows weak profitability and high leverage: market cap ~C$229.6M, a negative P/E (-21.33), return on equity -31.28%, net margin -6.91%, and a debt-to-equity ratio of 123.9.
• Recent results and trading: Pine Cliff reported Q EPS of C$0.02 on C$41.35M revenue, analysts forecast roughly C$0.01 EPS for the year, and the stock trades near C$0.64 with a 12‑month range of C$0.52–0.91.

Pine Cliff Energy Ltd. (TSE:PNE - Get Free Report) announced a monthly dividend on Wednesday, April 15th, TickerTech Dividends reports. Shareholders of record on Thursday, April 30th will be paid a dividend of 0.0013 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, April 15th.

Pine Cliff Energy Price Performance

PNE stock opened at C$0.64 on Monday. The stock has a market capitalization of C$229.63 million, a price-to-earnings ratio of -21.33 and a beta of 0.08. The firm's 50-day moving average price is C$0.70 and its two-hundred day moving average price is C$0.75. The company has a current ratio of 0.57, a quick ratio of 1.48 and a debt-to-equity ratio of 123.90. Pine Cliff Energy has a 12-month low of C$0.52 and a 12-month high of C$0.91.

Pine Cliff Energy (TSE:PNE - Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported C$0.02 earnings per share (EPS) for the quarter. The company had revenue of C$41.35 million for the quarter. Pine Cliff Energy had a negative return on equity of 31.28% and a negative net margin of 6.91%. As a group, equities analysts predict that Pine Cliff Energy will post 0.0099907 earnings per share for the current 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.

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