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Pine Cliff Energy Ltd. (T:PNE)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: 850-1015 4 St SW
Tel: N/A
IR: See website
Key People
Philip B. Hodge
President, Chief Executive Officer, Director
Alan MacDonald
Chief Financial Officer, Corporate Secretary
Terry L. McNeill
Chief Operating Officer
Christopher S. Lee
Vice President - Exploration
Business Overview
Pine Cliff Energy Ltd. is a Canada-based oil and gas company, which is engaged in the exploration, development and production of natural gas, crude oil and natural gas liquids in the Western Canadian Sedimentary Basin. The Company's operating areas include Central Assets, Edson Assets, Southern Assets, and Other Assets. Central Assets include Ghost Pine and Viking Kinsella areas of Central Alberta. Edson, which includes the area in the Western Canadian Sedimentary Basin. Southern Assets includes properties in Southern Alberta and Southern Saskatchewan. Other Assets include liquids-rich natural gas assets in the Sundance, Carstairs, Garrington and Harmattan areas of Alberta and natural gas assets in the Cadillac area of Southern Saskatchewan.
Financial Overview
For the nine months ended 30 September 2021, PineCliff Energy Ltd revenues increased 43% to C$101.3M. Netincome totaled C$899K vs. loss of C$46.3M. Revenues reflectNatural gas segment increase of 43% to C$87.2M. Net Incomereflects Impairment decrease from C$7.9M (expense) to C$0K.
Employees: 82 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $289.08M as of Sep 30, 2021
Annual revenue (TTM): $131.54M as of Sep 30, 2021
EBITDA (TTM): $43.59M as of Sep 30, 2021
Net annual income (TTM): -$2.92M as of Sep 30, 2021
Free cash flow (TTM): $19.58M as of Sep 30, 2021
Net Debt Last Fiscal Year: $31.65M as of Sep 30, 2021
Shares outstanding: 338,977,009 as of Nov 17, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization