$-0.03 EPS Expected for Pine Cliff Energy Ltd. (PNE)

July 13, 2018 - By Darrel Chase

Analysts expect Pine Cliff Energy Ltd. (TSE:PNE) to report $-0.03 EPS on August, 8.They anticipate $0.02 EPS change or 200.00 % from last quarter’s $-0.01 EPS. After having $-0.05 EPS previously, Pine Cliff Energy Ltd.’s analysts see -40.00 % EPS growth. The stock increased 7.69% or $0.03 during the last trading session, reaching $0.42. About 207,538 shares traded. Pine Cliff Energy Ltd. (TSE:PNE) has 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Pine Cliff Energy Ltd. engages in the acquisition, exploration for, development, and production of crude oil, natural gas, and natural gas liquids in the Western Canadian Sedimentary Basin.The firm primarily holds interests in natural gas assets in the Southern core area and Edson core area; and oil and natural gas assets in the Viking and Ghost Pine area of Central Alberta. The company has market cap of $128.97 million. It also holds interests in natural gas liquids assets in the Sundance, Carstairs, Garrington, and Harmattan areas of Alberta; and natural gas assets in the Cadillac area of Southern Saskatchewan. It currently has negative earnings. As of December 31, 2016, its proved reserves were 53,801.1 million barrels of oil equivalent and proved plus probable reserves were 70,935.4 million barrels of oil equivalent.

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