TSE:PNE Pine Cliff Energy (PNE) Stock Forecast, Price & News C$1.44 -0.01 (-0.69%) (As of 09/29/2023 ET) Add Compare Share Share Today's RangeC$1.41▼C$1.4650-Day RangeC$1.36▼C$1.5652-Week RangeC$1.18▼C$1.88Volume209,112 shsAverage Volume471,251 shsMarket CapitalizationC$512.24 millionP/E Ratio11.08Dividend Yield9.03%Price TargetC$1.65 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Pine Cliff Energy MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside14.6% UpsideC$1.65 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.80 out of 5 stars 2.0 Analyst's Opinion Consensus RatingPine Cliff Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$1.65, Pine Cliff Energy has a forecasted upside of 14.6% from its current price of C$1.44.Amount of Analyst CoveragePine Cliff Energy has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PNE. Previous Next 1.7 Dividend Strength Dividend LeadershipPine Cliff Energy is a leading dividend payer. It pays a dividend yield of 9.09%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPine Cliff Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Pine Cliff Energy is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PNE. Previous Next 2.6 News and Social Media Coverage News SentimentPine Cliff Energy has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Energy companies.Search Interest3 people have searched for PNE on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Pine Cliff Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pine Cliff Energy insiders have not sold or bought any company stock.Percentage Held by Insiders20.45% of the stock of Pine Cliff Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 12.43% of the stock of Pine Cliff Energy is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Pine Cliff Energy is 11.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 106.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Pine Cliff Energy is 11.08, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 113.02.Price to Book Value per Share RatioPine Cliff Energy has a P/B Ratio of 4.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Pine Cliff Energy (TSE:PNE) StockPine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the Western Canadian Sedimentary Basin. The company primarily holds interest in oil and gas properties in the Southern Alberta, Southern Saskatchewan, and Edson areas, as well as in the Viking and Ghost Pine area of Central Alberta. It also explores for precious metals in Ontario, the Northwest Territories, Nunavut, Canada, Utah, and the United States. The company was incorporated in 2004 and is headquartered in Calgary, Canada.Read More PNE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PNE Stock News HeadlinesSeptember 5, 2023 | finance.yahoo.comPine Cliff Energy Ltd. Declares Monthly Dividend for September 29, 2023 and Appoints New OfficerAugust 1, 2023 | finance.yahoo.comPine Cliff Energy Ltd. Announces Second Quarter 2023 Results, Operational Update, Update to 2023 Guidance and Declaration of Monthly DividendOctober 1, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.July 9, 2023 | finance.yahoo.comPine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108July 3, 2023 | finance.yahoo.comInvesting in Pine Cliff Energy (TSE:PNE) three years ago would have delivered you a 976% gainJune 23, 2023 | theglobeandmail.comClosing Bell: Pine Cliff Energy Ltd down on Thursday (PNE)June 16, 2023 | msn.comPine Cliff Energy: A Call Option On Natural Gas With A 9.3% YieldJune 9, 2023 | ca.finance.yahoo.comStocks in play: Pine Cliff Energy Ltd.October 1, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.June 6, 2023 | finance.yahoo.comPine Cliff Energy (TSE:PNE) Is Due To Pay A Dividend Of CA$0.0108May 24, 2023 | theglobeandmail.comClosing Bell: Pine Cliff Energy Ltd up on Wednesday (PNE)May 13, 2023 | theglobeandmail.comClosing Bell: Pine Cliff Energy Ltd up on Friday (PNE)May 2, 2023 | theglobeandmail.comClosing Bell: Pine Cliff Energy Ltd down on Tuesday (PNE)May 2, 2023 | finance.yahoo.comPine Cliff Energy Ltd. Announces First Quarter 2023 Results, Confirmation of Monthly Dividend, Operational Update and Information Regarding the Annual Meeting of ShareholdersMay 2, 2023 | finance.yahoo.comPine Cliff Energy (TSE:PNE) Is Very Good At Capital AllocationApril 21, 2023 | msn.comDESJARDINS SECURITIES Maintains Pine Cliff Energy (TSXV:PNE) Buy RecommendationApril 21, 2023 | theglobeandmail.comClosing Bell: Pine Cliff Energy Ltd flat on Thursday (PNE)April 18, 2023 | theglobeandmail.comClosing Bell: Pine Cliff Energy Ltd down on Monday (PNE)April 15, 2023 | theglobeandmail.comClosing Bell: Pine Cliff Energy Ltd down on Friday (PNE)April 12, 2023 | theglobeandmail.comClosing Bell: Pine Cliff Energy Ltd up on Tuesday (PNE)April 7, 2023 | theglobeandmail.comClosing Bell: Pine Cliff Energy Ltd up on Thursday (PNE)April 6, 2023 | theglobeandmail.comClosing Bell: Pine Cliff Energy Ltd down on Wednesday (PNE)April 5, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Pine Cliff Energy (TSE:PNE) Presents An OpportunityMarch 9, 2023 | finance.yahoo.comPine Cliff Energy Full Year 2022 Earnings: EPS: CA$0.31 (vs CA$0.24 in FY 2021)March 9, 2023 | finance.yahoo.comBenign Growth For Pine Cliff Energy Ltd. (TSE:PNE) Underpins Its Share PriceMarch 7, 2023 | finance.yahoo.comPine Cliff Energy Ltd. Announces Record Annual Results, Filing of 2022 Disclosure Documents, 2022 Year-End Reserves, and Provides 2023 GuidanceMarch 2, 2023 | finance.yahoo.comPine Cliff Energy Ltd. Declares Monthly Dividend for March 31, 2023See More Headlines Receive PNE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pine Cliff Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address PNE Company Calendar Ex-Dividend for 8/31 Dividend8/14/2023Dividend Payable8/31/2023Ex-Dividend for 9/29 Dividend9/14/2023Dividend Payable9/29/2023Today10/01/2023Next Earnings (Estimated)11/08/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolTSE:PNE CUSIPN/A CIKN/A Webwww.pinecliffenergy.com Phone+1-403-2692289FaxN/AEmployees79Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$1.65 High Stock Price ForecastC$1.70 Low Stock Price ForecastC$1.60 Forecasted Upside/Downside+14.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.13 Trailing P/E Ratio11.08 Forward P/E Ratio20.27 P/E GrowthN/ANet IncomeC$47.36 million Net Margins21.49% Pretax MarginN/A Return on Equity41.92% Return on Assets9.41% Debt Debt-to-Equity Ratio3.18 Current Ratio2.05 Quick Ratio1.48 Sales & Book Value Annual SalesC$220.38 million Price / Sales2.32 Cash FlowC$0.11 per share Price / Cash Flow13.12 Book ValueC$0.33 per share Price / Book4.36Miscellaneous Outstanding Shares355,720,000Free FloatN/AMarket CapC$512.24 million OptionableNot Optionable Beta0.78 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Philip Blake Hodge B.Comm. (Age 57)LLB, Pres, CEO & Director Comp: $959.86kMr. Alan MacDonald (Age 65)CFO & Corp. Sec. Comp: $463.16kMr. Terry L. McNeill P.EngChief Operating OfficerMr. Christopher S. LeeVP of ExplorationKey CompetitorsLogan EnergyCVE:LGNKiwetinohk EnergyTSE:KECCanacol EnergyTSE:CNESpartan DeltaTSE:SDECGX EnergyCVE:OYLView All CompetitorsInsidersPhilip Blake HodgeBought 10,000 shares on 3/16/2023Total: C$12,600.00 ($1.26/share)Philip Blake HodgeBought 15,000 shares on 2/1/2023Total: C$19,200.00 ($1.28/share)Philip Blake HodgeBought 1,500 shares on 1/25/2023Total: C$2,070.00 ($1.38/share)Terry Lee McneillBought 2,500 shares on 1/23/2023Total: C$3,625.00 ($1.45/share)Philip Blake HodgeBought 4,000 shares on 1/18/2023Total: C$6,020.00 ($1.51/share)View All Insider Transactions PNE Stock - Frequently Asked Questions Should I buy or sell Pine Cliff Energy stock right now? 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. What is Pine Cliff Energy's stock price forecast for 2023? 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. How have PNE shares performed in 2023? 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. When is Pine Cliff Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our PNE earnings forecast. How often does Pine Cliff Energy pay dividends? What is the dividend yield for Pine Cliff Energy? 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. Is Pine Cliff Energy a good dividend stock? 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. What other stocks do shareholders of Pine Cliff Energy own? 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). What is Pine Cliff Energy's stock symbol? Pine Cliff Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PNE." How do I buy shares of Pine Cliff Energy? 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. What is Pine Cliff Energy's stock price today? One share of PNE stock can currently be purchased for approximately C$1.44. How much money does Pine Cliff Energy make? 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. How can I contact Pine Cliff Energy? 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. This page (TSE:PNE) was last updated on 10/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Pine Cliff Energy Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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