Pine Cliff Energy Ltd. (TSE:PNE) to Issue $0.00 Monthly Dividend

Pine Cliff Energy Ltd. (TSE:PNE) announced a monthly dividend on Monday, March 16th, TickerTech Dividends reports. Investors of record on Tuesday, March 31st will be given a dividend of 0.0013 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date is Monday, March 16th.

Pine Cliff Energy Stock Performance

TSE PNE traded down C$0.01 during trading hours on Friday, reaching C$0.69. The company’s stock had a trading volume of 299,857 shares, compared to its average volume of 264,251. The company has a current ratio of 0.57, a quick ratio of 1.48 and a debt-to-equity ratio of 123.90. The business has a 50-day simple moving average of C$0.73 and a 200 day simple moving average of C$0.74. Pine Cliff Energy has a 52 week low of C$0.51 and a 52 week high of C$0.91. The stock has a market cap of C$247.57 million, a PE ratio of -11.50 and a beta of -0.04.

Pine Cliff Energy (TSE:PNE) last posted its earnings results on Wednesday, March 4th. The company reported C$0.02 EPS for the quarter. The company had revenue of C$41.35 million during the quarter. Pine Cliff Energy had a negative return on equity of 31.28% and a negative net margin of 6.91%. Equities research analysts predict that Pine Cliff Energy will post 0.0099907 earnings per share for the current fiscal year.

About Pine Cliff Energy

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.