Pine Cliff Energy (PNE) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pine Cliff Energy in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PNE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PNE, but not buy additional shares or sell existing shares.
View PNE analyst ratings or view top-rated stocks.

1 brokerages have issued 1 year price targets for Pine Cliff Energy's stock. Their PNE share price forecasts range from C$1.60 to C$1.70. On average, they anticipate the company's stock price to reach C$1.65 in the next year. This suggests a possible upside of 14.6% from the stock's current price.
View analysts price targets for PNE or view top-rated stocks among Wall Street analysts.

Pine Cliff Energy's stock was trading at C$1.69 on January 1st, 2023. Since then, PNE shares have decreased by 14.8% and is now trading at C$1.44.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our PNE earnings forecast.

Pine Cliff Energy announced a monthly dividend on Tuesday, September 5th. Investors of record on Friday, September 15th will be paid a dividend of 0.011 per share on Friday, September 29th. This represents a $0.13 annualized dividend and a dividend yield of 9.17%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from the stock's previous monthly dividend of C$0.01.
Read our dividend analysis for PNE.

Pine Cliff Energy (TSE:PNE) pays an annual dividend of C$0.13 per share and currently has a dividend yield of 9.09%. PNE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PNE.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pine Cliff Energy investors own include Continental Resources (CLR), Aurora Cannabis (ACB), Athabasca Oil (ATH), Bonavista Energy Co. (BNP.TO) (BNP), Bellatrix Exploration (BXE), Painted Pony Energy Ltd. (PONY.TO) (PONY), Tourmaline Oil (TOU), Seven Generations Energy (VII), Alamos Gold (AGI) and Aphria (APHA).

Pine Cliff Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PNE."

Shares of PNE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

One share of PNE stock can currently be purchased for approximately C$1.44.

Pine Cliff Energy (TSE:PNE) has a market capitalization of C$512.24 million and generates C$220.38 million in revenue each year. The company earns C$47.36 million in net income (profit) each year or C$0.13 on an earnings per share basis.

Pine Cliff Energy's mailing address is 850-1015 4 St SW, CALGARY, AB T2R 1J4, Canada. The official website for the company is www.pinecliffenergy.com. The company can be reached via phone at +1-403-2692289.