Pine Cliff Energy Ltd. (PNE) To Go Ex-Dividend on February 14th

Pine Cliff Energy Ltd. (TSE:PNE) announced a monthly dividend on Friday, February 14th,TickerTech Dividends reports. Investors of record on Friday, February 28th will be paid a dividend of 0.005 per share on Friday, February 28th. This represents a $0.06 dividend on an annualized basis and a yield of 6.67%. The ex-dividend date of this dividend is Friday, February 14th.

Pine Cliff Energy Price Performance

TSE:PNE traded up C$0.02 during trading hours on Wednesday, reaching C$0.90. 7,000 shares of the company traded hands, compared to its average volume of 217,308. The company has a debt-to-equity ratio of 81.31, a current ratio of 0.50 and a quick ratio of 1.48. The firm’s 50-day moving average is C$0.89 and its 200-day moving average is C$0.92. The stock has a market cap of C$322.11 million, a P/E ratio of -90.00 and a beta of 0.37. Pine Cliff Energy has a 1-year low of C$0.75 and a 1-year high of C$1.28.

Insider Activity at Pine Cliff Energy

In other Pine Cliff Energy news, Director Robert Brent Fryk acquired 68,500 shares of the stock in a transaction dated Tuesday, December 24th. The stock was acquired at an average price of C$0.80 per share, with a total value of C$54,731.50. In the last quarter, insiders bought 103,500 shares of company stock valued at $83,967. 10.97% of the stock is owned by insiders.

Pine Cliff Energy Company Profile

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.