Should I buy or sell Pine Cliff Energy stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pine Cliff Energy in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PNE shares. View PNE analyst ratings or view top-rated stocks .

What is Pine Cliff Energy's stock price target for 2024?

4 equities research analysts have issued 12-month target prices for Pine Cliff Energy's stock. Their PNE share price targets range from C$1.20 to C$1.40. On average, they expect the company's share price to reach C$1.28 in the next year. This suggests a possible upside of 31.0% from the stock's current price. View analysts price targets for PNE or view top-rated stocks among Wall Street analysts .

How have PNE shares performed in 2024?

Pine Cliff Energy's stock was trading at C$1.35 on January 1st, 2024. Since then, PNE shares have decreased by 27.4% and is now trading at C$0.98. View the best growth stocks for 2024 here .

When is Pine Cliff Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our PNE earnings forecast .

How often does Pine Cliff Energy pay dividends? What is the dividend yield for Pine Cliff Energy?

Pine Cliff Energy declared a monthly dividend on Monday, April 1st. Shareholders of record on Monday, April 15th will be paid a dividend of 0.005 per share on Tuesday, April 30th. This represents a $0.06 annualized dividend and a yield of 6.12%. The ex-dividend date is Friday, April 12th. Read our dividend analysis for PNE .

Is Pine Cliff Energy a good dividend stock?

Pine Cliff Energy (TSE:PNE) pays an annual dividend of C$0.06 per share and currently has a dividend yield of 5.83%. PNE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for PNE .

What other stocks do shareholders of Pine Cliff Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pine Cliff Energy investors own include Continental Resources (CLR) , Aurora Cannabis (ACB) , Athabasca Oil (ATH) , Bonavista Energy Co. (BNP.TO) (BNP) , Bellatrix Exploration (BXE) , Painted Pony Energy Ltd. (PONY.TO) (PONY) , Tourmaline Oil (TOU) , Seven Generations Energy (VII) , Alamos Gold (AGI) and Aphria (APHA) .

How do I buy shares of Pine Cliff Energy?

Shares of PNE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:PNE

Pine Cliff Energy (PNE) Stock Price, News & Analysis

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Free PNE Stock Alerts

C$0.98

0.00 (0.00%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$0.97
▼
C$1.00
50-Day Range: C$0.95
▼
C$1.28
52-Week Range: C$0.94
▼
C$1.68

Volume: 220,234 shs
Average Volume: 351,354 shs
Market Capitalization: C$349.17 million

P/E Ratio: 32.67
Dividend Yield: 6.12%
Price Target: C$1.28

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Pine Cliff Energy MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 31.0% Upside
C$1.28 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.99
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
C$37,524 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.42 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Pine Cliff Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Pine Cliff Energy has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PNE.

1.7

Dividend Strength

Dividend Leadership
Pine Cliff Energy is a leading dividend payer. It pays a dividend yield of 5.83%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Pine Cliff Energy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Pine Cliff Energy is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PNE.

3.3

News and Social Media Coverage

News Sentiment
Pine Cliff Energy has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Pine Cliff Energy this week, compared to 0 articles on an average week.
MarketBeat Follows
3 people have added Pine Cliff Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pine Cliff Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$37,524.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
20.42% of the stock of Pine Cliff Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 11.89% of the stock of Pine Cliff Energy is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Pine Cliff Energy is 32.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pine Cliff Energy is 32.67, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 93.82.
Price to Book Value per Share Ratio
Pine Cliff Energy has a P/B Ratio of 3.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Pine Cliff Energy Stock (TSE:PNE)

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.

PNE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PNE Stock News Headlines

April 11, 2024 | americanbankingnews.com

Pine Cliff Energy (TSE:PNE) Stock Crosses Below 50 Day Moving Average of $1.09

April 2, 2024 | seekingalpha.com

Pine Cliff Energy declares CAD 0.005 dividend

April 18, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 19, 2024 | finance.yahoo.com

Oil & Gas Virtual Investor Conference Agenda Announced for March 21, 2024

March 15, 2024 | investing.com

Pine Cliff Energy Ltd (PNE)

February 10, 2024 | morningstar.com

Pine Cliff Energy Ltd PNE

February 1, 2024 | finance.yahoo.com

Pine Cliff Energy Ltd. Declares Monthly Dividend for February 29, 2024

January 14, 2024 | seekingalpha.com

PNE:CA Pine Cliff Energy Ltd.

April 18, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

January 2, 2024 | finance.yahoo.com

Pine Cliff Energy Ltd. Declares Monthly Dividend for January 31, 2024

December 13, 2023 | finance.yahoo.com

Pine Cliff Energy Ltd. Announces Closing of Certus Acquisition

December 9, 2023 | finance.yahoo.com

Is It Worth Considering Pine Cliff Energy Ltd. (TSE:PNE) For Its Upcoming Dividend?

December 9, 2023 | finance.yahoo.com

Pine Cliff Energy Ltd. Announces Completion of the Offer and Mandatory Extension Period to December 18, 2023

December 1, 2023 | finance.yahoo.com

Pine Cliff Energy Ltd. Declares Monthly Dividend for December 29, 2023

November 29, 2023 | finance.yahoo.com

Will Weakness in Pine Cliff Energy Ltd.'s (TSE:PNE) Stock Prove Temporary Given Strong Fundamentals?

November 27, 2023 | msn.com

Pine Cliff Energy (PIFYF) Price Target Increased by 13.35% to 1.44

November 6, 2023 | finance.yahoo.com

Pine Cliff Energy (TSE:PNE) Will Pay A Dividend Of CA$0.0108

October 31, 2023 | finance.yahoo.com

Pine Cliff Energy Ltd. Announces Strategic Acquisition, New Term Debt Facility and Monthly Dividend

October 27, 2023 | finance.yahoo.com

Returns Are Gaining Momentum At Pine Cliff Energy (TSE:PNE)

October 7, 2023 | finance.yahoo.com

Pine Cliff Energy's (TSE:PNE) Dividend Will Be CA$0.0108

October 2, 2023 | finance.yahoo.com

Pine Cliff Energy Ltd. Declares Monthly Dividend for October 31, 2023

September 5, 2023 | finance.yahoo.com

Pine Cliff Energy Ltd. Declares Monthly Dividend for September 29, 2023 and Appoints New Officer

August 1, 2023 | finance.yahoo.com

Pine Cliff Energy Ltd. Announces Second Quarter 2023 Results, Operational Update, Update to 2023 Guidance and Declaration of Monthly Dividend

July 9, 2023 | finance.yahoo.com

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

July 3, 2023 | finance.yahoo.com

Investing in Pine Cliff Energy (TSE:PNE) three years ago would have delivered you a 976% gain

June 23, 2023 | theglobeandmail.com

Closing Bell: Pine Cliff Energy Ltd down on Thursday (PNE)

June 16, 2023 | msn.com

Pine Cliff Energy: A Call Option On Natural Gas With A 9.3% Yield

See More Headlines

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Company Calendar

Ex-Dividend for 3/28 Dividend: 3/14/2024
Dividend Payable: 3/28/2024
Ex-Dividend for 4/30 Dividend: 4/12/2024
Today: 4/18/2024
Dividend Payable: 4/30/2024
Next Earnings (Estimated): 5/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: TSE:PNE
CUSIP: N/A
CIK: N/A
Web: www.pinecliffenergy.com
Phone: +1-403-2692289
Fax: N/A
Employees: 79
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$1.28
High Stock Price Target: C$1.40
Low Stock Price Target: C$1.20
Potential Upside/Downside: +31.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.03
Trailing P/E Ratio: 32.67
Forward P/E Ratio: 98.09
P/E Growth: N/A
Net Income: C$9.12 million
Net Margins: 5.24%
Pretax Margin: N/A
Return on Equity: 7.81%
Return on Assets: 0.16%

Debt

Debt-to-Equity Ratio: 62.18
Current Ratio: 0.48
Quick Ratio: 1.48

Sales & Book Value

Annual Sales: C$174.05 million
Price / Sales: 2.01
Cash Flow: C$0.07 per share
Price / Cash Flow: 13.12
Book Value: C$0.28 per share
Price / Book: 3.50

Miscellaneous

Outstanding Shares: 356,300,000
Free Float: N/A
Market Cap: C$349.17 million
Optionable: Not Optionable
Beta: 0.52

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Key Executives

Mr. Philip Blake Hodge B.Comm. (Age 58)
LLB, President, CEO & Director
Comp: $959.86k
Mr. Alan MacDonald C.A. (Age 66)
CFO & Corporate Secretary
Comp: $463.16k
Mr. Terry L. McNeill P.Eng
Chief Operating Officer
Mr. Christopher S. Lee
Vice President of Exploration
Mr. Kristopher Zack C.A.
C.F.A., CPA, Vice President Finance

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

PNE Stock Analysis - Frequently Asked Questions

Should I buy or sell Pine Cliff Energy stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pine Cliff Energy in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PNE shares.
View PNE analyst ratings or view top-rated stocks.
What is Pine Cliff Energy's stock price target for 2024?: 4 equities research analysts have issued 12-month target prices for Pine Cliff Energy's stock. Their PNE share price targets range from C$1.20 to C$1.40. On average, they expect the company's share price to reach C$1.28 in the next year. This suggests a possible upside of 31.0% from the stock's current price.
View analysts price targets for PNE or view top-rated stocks among Wall Street analysts.
How have PNE shares performed in 2024?: Pine Cliff Energy's stock was trading at C$1.35 on January 1st, 2024. Since then, PNE shares have decreased by 27.4% and is now trading at C$0.98.
View the best growth stocks for 2024 here.
When is Pine Cliff Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our PNE earnings forecast.

How often does Pine Cliff Energy pay dividends? What is the dividend yield for Pine Cliff Energy?: Pine Cliff Energy declared a monthly dividend on Monday, April 1st. Shareholders of record on Monday, April 15th will be paid a dividend of 0.005 per share on Tuesday, April 30th. This represents a $0.06 annualized dividend and a yield of 6.12%. The ex-dividend date is Friday, April 12th.
Read our dividend analysis for PNE.
Is Pine Cliff Energy a good dividend stock?: Pine Cliff Energy (TSE:PNE) pays an annual dividend of C$0.06 per share and currently has a dividend yield of 5.83%. PNE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PNE.
What other stocks do shareholders of Pine Cliff Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Pine Cliff Energy investors own include Continental Resources (CLR), Aurora Cannabis (ACB), Athabasca Oil (ATH), Bonavista Energy Co. (BNP.TO) (BNP), Bellatrix Exploration (BXE), Painted Pony Energy Ltd. (PONY.TO) (PONY), Tourmaline Oil (TOU), Seven Generations Energy (VII), Alamos Gold (AGI) and Aphria (APHA).
How do I buy shares of Pine Cliff Energy?: Shares of PNE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:PNE) was last updated on 4/18/2024 by MarketBeat.com Staff

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Pine Cliff Energy (PNE) Stock Price, News & Analysis

Pine Cliff Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Pine Cliff Energy Stock (TSE:PNE)

PNE Stock Price History

PNE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

PNE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™