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Pine Cliff Energy Ltd. Announces Natural Gas Supply Agreement for an Alberta Data Centre Development
Calgary, Alberta--(Newsfile Corp. - January 17, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce that it has entered into definitive agreements with a private company ("PrivateCo") for the supply of between 3.2 MMcf/d1 and 4.8 MMcf/d1 of natural gas for an initial term of 25 years pursuant to a natural gas supply agreement ("Supply Agreement").
Calgary, Alberta--(Newsfile Corp. - January 3, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.005 per common share to be paid January 31, 2025, to shareholders of record on January 15, 2025.
Pine Cliff Energy Ltd. stock is a speculative call option on winter natural gas prices, with potential upside if natgas prices rise to C$3/Mcf. Despite low natgas prices, Pine Cliff remains free cash flow positive due to low capex and effective hedging strategies. The company reported a net loss in Q2 but maintained a positive operating cash flow, covering its current dividend.
Calgary, Alberta--(Newsfile Corp. - October 2, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.005 per common share to be paid October 31, 2024, to shareholders of record on October 15, 2024.
Calgary, Alberta--(Newsfile Corp. - September 4, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.005 per common share to be paid September 27, 2024, to shareholders of record on September 16, 2024.
Calgary, Alberta--(Newsfile Corp. - August 8, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces its second quarter 2024 financial and operating results and guidance update.
Calgary, Alberta--(Newsfile Corp. - August 2, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.005 per common share to be paid August 30, 2024, to shareholders of record on August 15, 2024.
Calgary, Alberta--(Newsfile Corp. - July 3, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.005 per common share to be paid July 31, 2024, to shareholders of record on July 15, 2024.
Calgary, Alberta--(Newsfile Corp. - June 3, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.005 per common share to be paid June 28, 2024, to shareholders of record on June 14, 2024.
Calgary, Alberta--(Newsfile Corp. - May 17, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce all matters presented for approval at the Annual and Special Meeting of Shareholders on May 16, 2024 (the "Meeting") have been approved.