Risk factor
Very poor trading liquidity
Profitability factor
Favourable analyst view
About
Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and oil in the Western Canadian Sedimentary Basin. It primarily holds interests in natural gas assets in the Southern and Edson areas; and oil and natural gas assets in the Viking Kinsella and Ghost Pine area of Central Alberta. The coampny 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. As of December 31, 2021, its proved reserves consisted 49,112.6 thousand barrels of oil equivalent (MBOE) and proved plus probable reserves included 62,813.4 MBOE. It also explores for gold, nickel, and copper deposits, as well as platinum group elements in Utah, Ontario, the Northwest Territories, and Nunavut. The company was incorporated in 2004 and is headquartered in Calgary, Canada.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. In particular, the stock is of fair value on EV/EBITDA, trading at neut
Target Price
The average target price of PNE.TO is 0.85 and suggests 37% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
