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

Pine Cliff Energy Ltd. (TSE:PNE) declared a monthly dividend on Monday, November 4th, Zacks reports. Investors of record on Friday, November 15th will be given a dividend of 0.005 per share on Friday, November 29th. This represents a $0.06 dividend on an annualized basis and a yield of 7.23%. The ex-dividend date of this dividend is Friday, November 15th.

Pine Cliff Energy Stock Down 2.4 %

Pine Cliff Energy stock traded down C$0.02 during mid-day trading on Wednesday, reaching C$0.83. The company’s stock had a trading volume of 53,036 shares, compared to its average volume of 249,194. The business’s 50 day simple moving average is C$0.95 and its 200 day simple moving average is C$0.98. Pine Cliff Energy has a 12 month low of C$0.83 and a 12 month high of C$1.59. The company has a market capitalization of C$297.06 million, a price-to-earnings ratio of -84.00 and a beta of 0.37. The company has a debt-to-equity ratio of 81.31, a quick ratio of 1.48 and a current ratio of 0.50.

Pine Cliff Energy (TSE:PNE) last announced its quarterly earnings data on Thursday, August 8th. The company reported C($0.01) EPS for the quarter. Pine Cliff Energy had a negative net margin of 2.14% and a negative return on equity of 4.03%. The firm had revenue of C$46.61 million during the quarter. As a group, research analysts anticipate that Pine Cliff Energy will post 0.0099907 earnings per share for the current year.

Pine Cliff Energy Company Profile

Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. The company primarily holds interest in oil and gas properties in the Viking and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas.