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- TSX:PNE
Pine Cliff Energy Full Year 2024 Earnings: CA$0.06 loss per share (vs CA$0.026 profit in FY 2023)
Pine Cliff Energy (TSE:PNE) Full Year 2024 Results
Key Financial Results
- Revenue: CA$180.2m (up 3.5% from FY 2023).
- Net loss: CA$21.4m (down by 335% from CA$9.12m profit in FY 2023).
- CA$0.06 loss per share (down from CA$0.026 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pine Cliff Energy shares are down 1.3% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Pine Cliff Energy that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSX:PNE
Pine Cliff Energy
Engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin.
Undervalued with mediocre balance sheet.