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Pine Cliff Energy TSX:PNE Stock Report

Last Price

CA$0.82

Market Cap

CA$300.8m

7D

-7.9%

1Y

-38.3%

Updated

17 Dec, 2024

Data

Company Financials

Pine Cliff Energy Ltd.

TSX:PNE Stock Report

Market Cap: CA$300.8m

PNE Stock Overview

Engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. More details

PNE fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends2/6

Rewards

Trading at 31.9% below our estimate of its fair value

Analysts in good agreement that stock price will rise by 35.7%

Risk Analysis

Dividend of 7.32% is not well covered by earnings or free cash flows

Significant insider selling over the past 3 months


My Notes

Capture your thoughts, links and company narrative

Pine Cliff Energy Ltd. Competitors

Lucero Energy

TSXV:LOU

CA$267.8m

Logan Energy

TSXV:LGN

CA$373.8m

ShaMaran Petroleum

TSXV:SNM

CA$327.1m

Petrus Resources

TSX:PRQ

CA$179.5m

Price History & Performance

Summary of share price highs, lows and changes for Pine Cliff Energy
Historical stock prices
Current Share PriceCA$0.82
52 Week HighCA$1.48
52 Week LowCA$0.79
Beta0.30
1 Month Change0%
3 Month Change-15.46%
1 Year Change-38.35%
3 Year Change30.16%
5 Year Change429.03%
Change since IPO78.26%

Recent News & Updates

Pine Cliff Energy (TSE:PNE) Will Pay A Dividend Of CA$0.005

Dec 09
Pine Cliff Energy (TSE:PNE) Will Pay A Dividend Of CA$0.005

Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.005

Nov 09
Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.005

Recent updates

Pine Cliff Energy (TSE:PNE) Will Pay A Dividend Of CA$0.005

Dec 09
Pine Cliff Energy (TSE:PNE) Will Pay A Dividend Of CA$0.005

Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.005

Nov 09
Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.005

Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.005

Oct 11
Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.005

Here's Why Shareholders May Want To Be Cautious With Increasing Pine Cliff Energy Ltd.'s (TSE:PNE) CEO Pay Packet

May 10
Here's Why Shareholders May Want To Be Cautious With Increasing Pine Cliff Energy Ltd.'s (TSE:PNE) CEO Pay Packet

Why Pine Cliff Energy's (TSE:PNE) Soft Earnings Are Just The Beginning Of Its Problems

Mar 13
Why Pine Cliff Energy's (TSE:PNE) Soft Earnings Are Just The Beginning Of Its Problems

Pine Cliff Energy (TSE:PNE) Has Announced A Dividend Of CA$0.0108

Jan 06
Pine Cliff Energy (TSE:PNE) Has Announced A Dividend Of CA$0.0108

Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108

Nov 06
Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108

Pine Cliff Energy (TSE:PNE) Has Announced A Dividend Of CA$0.0108

Oct 07
Pine Cliff Energy (TSE:PNE) Has Announced A Dividend Of CA$0.0108

Pine Cliff Energy (TSE:PNE) Is Paying Out A Dividend Of CA$0.0108

Sep 10
Pine Cliff Energy (TSE:PNE) Is Paying Out A Dividend Of CA$0.0108

Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108

Aug 07
Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108

Pine Cliff Energy (TSE:PNE) Is Due To Pay A Dividend Of CA$0.0108

Jun 06
Pine Cliff Energy (TSE:PNE) Is Due To Pay A Dividend Of CA$0.0108

We Think Pine Cliff Energy (TSE:PNE) Can Stay On Top Of Its Debt

Jul 20
We Think Pine Cliff Energy (TSE:PNE) Can Stay On Top Of Its Debt

Shareholder Returns

PNECA Oil and GasCA Market
7D-7.9%-3.3%-2.0%
1Y-38.3%14.4%19.1%

Return vs Industry: PNE underperformed the Canadian Oil and Gas industry which returned 14.4% over the past year.

Return vs Market: PNE underperformed the Canadian Market which returned 19.1% over the past year.

Price Volatility

Is PNE's price volatile compared to industry and market?
PNE volatility
PNE Average Weekly Movement6.0%
Oil and Gas Industry Average Movement6.4%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market2.9%

Stable Share Price: PNE has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: PNE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200479Phil Hodgewww.pinecliffenergy.com

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. The company was incorporated in 2004 and is based in Calgary, Canada.

Pine Cliff Energy Ltd. Fundamentals Summary

How do Pine Cliff Energy's earnings and revenue compare to its market cap?
PNE fundamental statistics
Market capCA$300.79m
Earnings (TTM)-CA$15.00m
Revenue (TTM)CA$178.09m

1.6x

P/S Ratio

-19.6x

P/E Ratio

Is PNE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PNE income statement (TTM)
RevenueCA$178.09m
Cost of RevenueCA$122.70m
Gross ProfitCA$55.39m
Other ExpensesCA$70.39m
Earnings-CA$15.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 05, 2025

Earnings per share (EPS)-0.042
Gross Margin31.10%
Net Profit Margin-8.42%
Debt/Equity Ratio87.7%

How did PNE perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

-206%

Payout Ratio

Does PNE pay a reliable dividends?

See PNE dividend history and benchmarks
When do you need to buy PNE by to receive an upcoming dividend?
Pine Cliff Energy dividend dates
Ex Dividend DateDec 16 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend2 days
Days until Dividend pay date13 days

Does PNE pay a reliable dividends?

See PNE dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 22:39
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Pine Cliff Energy Ltd. is covered by 17 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Capital Markets
Michael MuellerCanaccord Genuity
John BereznickiCanaccord Genuity