| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
PNE Stock Overview
Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and oil in the Western Canadian Sedimentary Basin.
Pine Cliff Energy Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.46 |
| 52 Week High | CA$2.05 |
| 52 Week Low | CA$0.33 |
| Beta | 0.79 |
| 1 Month Change | -25.13% |
| 3 Month Change | 17.74% |
| 1 Year Change | 265.00% |
| 3 Year Change | 711.11% |
| 5 Year Change | 114.71% |
| Change since IPO | 217.39% |
Recent News & Updates
Shareholder Returns
| PNE | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | -3.9% | 1.5% | -0.8% |
| 1Y | 265.0% | 33.7% | -5.0% |
Return vs Industry: PNE exceeded the Canadian Oil and Gas industry which returned 33.7% over the past year.
Return vs Market: PNE exceeded the Canadian Market which returned -5% over the past year.
Price Volatility
| PNE volatility | |
|---|---|
| PNE Average Weekly Movement | 9.0% |
| Oil and Gas Industry Average Movement | 10.6% |
| Market Average Movement | 10.1% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: PNE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: PNE's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 78 | Phil Hodge | https://www.pinecliffenergy.com |
Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and oil in the Western Canadian Sedimentary Basin. It primarily holds interests in natural gas assets in the Southern and Edson areas; and oil and natural gas assets in the Viking Kinsella and Ghost Pine area of Central Alberta. The coampny also holds interests in natural gas liquids assets in the Sundance, Carstairs, Garrington, and Harmattan areas of Alberta; and natural gas assets in the Cadillac area of Southern Saskatchewan.
Pine Cliff Energy Fundamentals Summary
| PNE fundamental statistics | |
|---|---|
| Market Cap | CA$507.78m |
| Earnings (TTM) | CA$97.53m |
| Revenue (TTM) | CA$176.99m |
5.2x
P/E Ratio2.9x
P/S RatioIs PNE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PNE income statement (TTM) | |
|---|---|
| Revenue | CA$176.99m |
| Cost of Revenue | CA$84.57m |
| Gross Profit | CA$92.41m |
| Other Expenses | -CA$5.12m |
| Earnings | CA$97.53m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.28 |
| Gross Margin | 52.22% |
| Net Profit Margin | 55.11% |
| Debt/Equity Ratio | 52.0% |
How did PNE perform over the long term?
See historical performance and comparisonDividends
6.8%
Current Dividend Yieldn/a
Payout RatioValuation
Is PNE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PNE?
Other financial metrics that can be useful for relative valuation.
| What is PNE's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$507.78m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3x |
| Enterprise Value/EBITDA | 6.3x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does PNE's PE Ratio compare to its peers?
| PNE PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 5.7x | ||
LOU Lucero Energy | 9.5x | n/a | CA$468.3m |
CNE Canacol Energy | 7.8x | 7.7% | CA$430.6m |
CR Crew Energy | 3.5x | n/a | CA$706.8m |
IPO InPlay Oil | 1.9x | -41.5% | CA$262.3m |
PNE Pine Cliff Energy | 5.2x | n/a | CA$507.8m |
Price-To-Earnings vs Peers: PNE is good value based on its Price-To-Earnings Ratio (5.2x) compared to the peer average (5.7x).
Price to Earnings Ratio vs Industry
How does PNE's PE Ratio compare vs other companies in the CA Oil and Gas Industry?
Price-To-Earnings vs Industry: PNE is good value based on its Price-To-Earnings Ratio (5.2x) compared to the Canadian Oil and Gas industry average (7.5x)
Price to Earnings Ratio vs Fair Ratio
What is PNE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 5.2x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PNE's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of PNE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PNE (CA$1.46) is trading below our estimate of fair value (CA$3.01)
Significantly Below Fair Value: PNE is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PNE's PEG Ratio to determine if it is good value.
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Future Growth
How is Pine Cliff Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
3.8%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Pine Cliff Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Examine whether Pine Cliff Energy is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Pine Cliff Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Pine Cliff Energy performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
31.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PNE has a high level of non-cash earnings.
Growing Profit Margin: PNE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PNE has become profitable over the past 5 years, growing earnings by 31.1% per year.
Accelerating Growth: PNE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PNE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (171.2%).
Return on Equity
High ROE: PNE's Return on Equity (158.7%) is considered outstanding.
Discover strong past performing companies
Financial Health
How is Pine Cliff Energy's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: PNE's short term assets (CA$36.4M) exceed its short term liabilities (CA$34.0M).
Long Term Liabilities: PNE's short term assets (CA$36.4M) do not cover its long term liabilities (CA$279.3M).
Debt to Equity History and Analysis
Debt Level: PNE's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: PNE's debt to equity ratio has increased from 30.9% to 52% over the past 5 years.
Debt Coverage: PNE's debt is well covered by operating cash flow (203.1%).
Interest Coverage: PNE's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
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Dividend
What is Pine Cliff Energy current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
6.82%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PNE's dividend (6.82%) is higher than the bottom 25% of dividend payers in the Canadian market (2.02%).
High Dividend: PNE's dividend (6.82%) is in the top 25% of dividend payers in the Canadian market (5.4%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether PNE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PNE's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (235.7%), PNE's dividend payments are not well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
7.5yrs
Average management tenure
CEO
Phil Hodge (56 yo)
10.5yrs
Tenure
CA$923,404
Compensation
Mr. Philip Blake Hodge, also known as Phil, B.Comm., LLB, serves as Director at Westport Fuel Systems Inc (former name Westport Innovations Inc) since January 25, 2022. He has been the Chief Executive Offi...
CEO Compensation Analysis
Compensation vs Market: Phil's total compensation ($USD714.99K) is below average for companies of similar size in the Canadian market ($USD1.29M).
Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: PNE's management team is seasoned and experienced (7.5 years average tenure).
Board Members
Experienced Board: PNE's board of directors are considered experienced (6.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PNE insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.
Top Shareholders
Company Information
Pine Cliff Energy Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: Pine Cliff Energy Ltd.
- Ticker: PNE
- Exchange: TSX
- Founded: 2004
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: CA$507.779m
- Shares outstanding: 347.79m
- Website: https://www.pinecliffenergy.com
Number of Employees
Location
- Pine Cliff Energy Ltd.
- 1015 - 4th Street SW
- Suite 850
- Calgary
- Alberta
- T2R 1J4
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/03 00:00 |
| End of Day Share Price | 2022/06/30 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.