Pine Cliff Energy (TSE:PNE) Stock: Insider Philip Blake Hodge Buys 30,000 Shares

Pine Cliff Energy Ltd. (TSE:PNE – Get Free Report) Director Philip Blake Hodge purchased 30,000 shares of Pine Cliff Energy stock in a transaction dated Wednesday, September 23rd. The stock was bought at an average price of C$0.53 per share, with a total value of C$15,900.00. Following the completion of the transaction, the director owned 10,916,047 shares of the company’s stock, valued at C$5,785,504.91. This represents a 0.28% increase in their position.

Pine Cliff Energy Stock Performance

TSE:PNE opened at C$0.55 on Friday. The business’s fifty day moving average is C$0.54 and its 200 day moving average is C$0.59. The firm has a market cap of C$197.34 million, a price-to-earnings ratio of -27.50 and a beta of -0.04. The company has a debt-to-equity ratio of 157.85, a quick ratio of 1.48 and a current ratio of 0.54. Pine Cliff Energy Ltd. has a 52-week low of C$0.51 and a 52-week high of C$0.91.

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Pine Cliff Energy (TSE:PNE – Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported C($0.01) earnings per share for the quarter. Pine Cliff Energy had a negative net margin of 5.45% and a negative return on equity of 27.35%. The company had revenue of C$39.46 million for the quarter. Research analysts predict that Pine Cliff Energy Ltd. will post 0.0099907 EPS for the current year.

Pine Cliff Energy Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.0013 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.02 annualized dividend and a yield of 2.8%. Pine Cliff Energy’s payout ratio is currently -75.00%.

Pine Cliff Energy Company Profile

(Get Free Report)

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

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