pine cliff energy

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The company is continuing to look to acquire material asset positions to create core area(s) of production with controlled infrastructure and drilling inventories. High Growth Revenue: Insufficient data to determine if PNE's revenue is forecast to grow faster than 20% per year. PNE is unprofitable, and losses have increased over the past 5 years at a rate of 18% per year. Please read our Financial Services Guide before deciding whether to obtain financial services from us. The use of IP30 is useful in confirming the presence of hydrocarbons, however such rates are not determinative of the rates at which such wells will commence production and decline thereafter and are not indicative of long term performance or of ultimate recovery. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. Posted by Joseph McCarthy on Oct 16th, 2020. All rights reserved. The terms Boe or Mcfe may be misleading, particularly if used in isolation. Currency in CAD, Cost of these hearing aids might surprise you. Long Term Liabilities: PNE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities. Pine Cliff’s strategy is to provide above industry average returns in the near term for short-term investors and …

Risk Analysis. 337927). Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings. is forecast to be high in 3 years time (26.4%). How is Pine Cliff Energy's financial position?

Pine Cliff Energy Ltd. is a public company actively engaged in the exploration, development and production of natural gas, crude oil and natural gas liquids. Receive News & Ratings for Pine Cliff Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pine Cliff Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Return vs Industry: PNE exceeded the Canadian Oil and Gas industry which returned -33.5% over the past year. PNE's liabilities exceed its assets, so it is difficult to calculate its, PNE has negative shareholder equity, which is a more serious situation than short term assets not covering. Outage Map. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. Pine Cliff’s first horizontal oil well (“13-33“) targeting the Pekisko formation in Central Alberta came on production on January 18, 2019, and has averaged 249 Boe/d (111 Bbl/d oil, 27 Bbl/d natural gas liquids and 666 Mcf/d natural gas) through the first 365 days of production. Fax: (403) 265-7488 Continuous Service Agreement. PNE (CA$0.27) is trading above our estimate of. It is mainly engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids.

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