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Pine Cliff Energy Ltd. (PIFYF)
:PIFYF
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Earnings Data
Report Date
Mar 11, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: 10.00%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While the company had significant success with the Certus acquisition and benefitted from strong hedging strategies, it faced challenges from low natural gas prices and high debt interest rates. The future looks promising with potential LNG export growth, but acquisition opportunities remain uncertain.Company Guidance
During the Q3 2024 earnings call for Pine Cliff Energy, executives provided a detailed overview of the company's strategies and performance metrics. Kristopher Zack, the Chief Financial Officer, highlighted the company's effective use of hedges, which allowed for an average realized gas price of $2, compared to the AECO daily 5A price of $0.68, with 44% of natural gas hedged at $2.77 per Mcf for Q4. Terry McNeill, the Chief Operating Officer, reported on production levels, noting a range of 23,000 to 23,500 BOE per day, with a corporate decline rate of 10% annually. The Certus acquisition was praised for maintaining production levels at 5,300 BOE per day and achieving a 10% reduction in operating expenses. The company expects incremental LNG demand in the upcoming months, with future production influenced by LNG projects and weather conditions. Looking forward, Pine Cliff plans to continue capital optimization and cash flow protection through strategic hedging and potential acquisitions, while exploring growth in emerging plays like the basal quartz in the Ghost Pine area.Certus Acquisition Success
The acquisition of Certus Oil and Gas has been highlighted as a fantastic acquisition with strong net operating income and cash flow, a significant increase in drillable locations, a 10% reduction in OpEx, and maintaining flat production over 12 months.
Strong Hedge Support
The company benefited from strong hedging, with an average realized gas price of $2 per Mcf in Q3 compared to the average AECO daily price of $0.68. For Q4, the company is 44% hedged at $2.77 per Mcf.
LNG Export Prospects
The company is optimistic about LNG export projects increasing demand for natural gas, with several projects nearing completion in North America.
Strong Production Performance
The company reported stable production, with current levels between 23,000 to 23,500 BOE per day and a corporate decline of about 10%.
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PIFYF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PIFYF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $0.60 | $0.58 | -3.33% |
| Aug 08, 2024 | $0.64 | $0.63 | -1.56% |
| May 07, 2024 | $0.72 | $0.69 | -4.17% |
| Mar 05, 2024 | $0.78 | $0.70 | -10.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Pine Cliff Energy Ltd. (PIFYF) report earnings?
Pine Cliff Energy Ltd. (PIFYF) is schdueled to report earning on Mar 11, 2025, TBA Not Confirmed.
What is Pine Cliff Energy Ltd. (PIFYF) earnings time?
Pine Cliff Energy Ltd. (PIFYF) earnings time is at Mar 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PIFYF EPS forecast?
Currently, no data Available
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