Christopher Lee - Pine Cliff Vice Exploration

PNE Stock  CAD 0.88  0.01  1.15%   

Executive

Christopher Lee is Vice Exploration of Pine Cliff Energy
Address 1015 - 4th Street SW, Calgary, AB, Canada, T2R 1J4
Phone403 269 2289
Webhttps://www.pinecliffenergy.com

Pine Cliff Management Efficiency

The company has return on total asset (ROA) of (0.0178) % which means that it has lost $0.0178 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0403) %, meaning that it generated substantial loss on money invested by shareholders. Pine Cliff's management efficiency ratios could be used to measure how well Pine Cliff manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.01. At this time, Pine Cliff's Non Current Assets Total are very stable compared to the past year. As of the 30th of November 2024, Other Current Assets is likely to grow to about 7.7 M, while Total Assets are likely to drop about 244.4 M.
Pine Cliff Energy has accumulated 62.14 M in total debt with debt to equity ratio (D/E) of 179.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Pine Cliff Energy has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Pine Cliff until it has trouble settling it off, either with new capital or with free cash flow. So, Pine Cliff's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pine Cliff Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pine to invest in growth at high rates of return. When we think about Pine Cliff's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 11 records

EXECUTIVE Age

Guido CiancioJourney Energy
N/A
Aaron BellJourney Energy
N/A
Steve PowerGear Energy
N/A
Brad ChristmanHeadwater Exploration
N/A
Shannon GanglCardinal Energy
61
Edward LLBHeadwater Exploration
N/A
PEng BEngCardinal Energy
51
Edward LLBGear Energy
N/A
CPA CMACardinal Energy
51
Dieter PGeoHeadwater Exploration
N/A
Richard TracyJourney Energy
N/A
Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas, crude oil, and natural gas liquids in the Western Canadian Sedimentary Basin. Pine Cliff Energy Ltd. was incorporated in 2004 and is headquartered in Calgary, Canada. PINE CLIFF operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. Pine Cliff Energy (PNE) is traded on Toronto Exchange in Canada and employs 7 people. Pine Cliff is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Pine Cliff Energy Leadership Team

Elected by the shareholders, the Pine Cliff's board of directors comprises two types of representatives: Pine Cliff inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pine. The board's role is to monitor Pine Cliff's management team and ensure that shareholders' interests are well served. Pine Cliff's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pine Cliff's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel PEng, Vice Exploitation
Austin Nieuwdorp, VP Controller
Christopher Lee, Vice Exploration
CA CFA, Vice Finance
Alan MacDonald, CFO, Corporate Secretary
Terry PEng, Chief Officer
Alan CA, CFO Secretary

Pine Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Pine Cliff a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Pine Cliff

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pine Cliff position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pine Cliff will appreciate offsetting losses from the drop in the long position's value.

Moving against Pine Stock

  0.55ENS E Split CorpPairCorr
  0.5ENS-PA E Split CorpPairCorr
  0.4ENB-PFV Enbridge Pref 5PairCorr
The ability to find closely correlated positions to Pine Cliff could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pine Cliff when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pine Cliff - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pine Cliff Energy to buy it.
The correlation of Pine Cliff is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pine Cliff moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pine Cliff Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pine Cliff can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Pine Stock

Pine Cliff financial ratios help investors to determine whether Pine Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pine with respect to the benefits of owning Pine Cliff security.