Amber Foulkes Hilary Acquires 20,000 Shares of Pine Cliff Energy Ltd. (TSE:PNE) Stock

Posted by Joseph Casey on Apr 19th, 2025

Pine Cliff Energy Ltd. (TSE:PNE – Get Free Report) Director Amber Foulkes Hilary acquired 20,000 shares of Pine Cliff Energy stock in a transaction on Thursday, April 17th. The stock was purchased at an average price of C$0.59 per share, with a total value of C$11,800.00.

Pine Cliff Energy Stock Performance

Shares of PNE opened at C$0.57 on Friday. The stock has a market capitalization of C$206.45 million, a P/E ratio of -13.76 and a beta of 0.37. The company has a debt-to-equity ratio of 76.74, a quick ratio of 1.48 and a current ratio of 0.47. Pine Cliff Energy Ltd. has a 1 year low of C$0.51 and a 1 year high of C$1.14. The company’s fifty day moving average is C$0.74 and its two-hundred day moving average is C$0.85.

Pine Cliff Energy Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 30th will be issued a dividend of $0.0013 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.02 annualized dividend and a yield of 2.74%. Pine Cliff Energy’s dividend payout ratio is currently -144.83%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on PNE. Desjardins decreased their price target on shares of Pine Cliff Energy from C$1.10 to C$0.95 and set an “outperform” rating for the company in a research note on Wednesday, March 19th. Canaccord Genuity Group raised Pine Cliff Energy from a “hold” rating to a “buy” rating and set a C$0.90 price target on the stock in a report on Thursday, April 3rd.

Check Out Our Latest Stock Report on Pine Cliff Energy

Pine Cliff Energy Company Profile

(Get Free Report)

Pine Cliff Energy Ltd is a Canadian natural gas focused, exploration and production company. It is mainly engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company owns a Western Canadian Sedimentary Basin, Ghost Pine/Three Hills and Camrose/Viking areas of Central Alberta, several gas assets in Southeast Alberta and Southwest Saskatchewan, non-operated properties in the Sundance, Harmattan, and Garrington areas of Alberta and others.