tiprankstipranks
Pine Cliff Energy Reports Q3 Loss and Capex Cut
Company Announcements

Pine Cliff Energy Reports Q3 Loss and Capex Cut

Story Highlights

Pine Cliff Energy (TSE:PNE) has released an update.

Don't Miss Our Christmas Offers:

Pine Cliff Energy reported a net loss in the third quarter of 2024 despite higher production levels, attributed to temporary maintenance-related outages and weak natural gas prices. The company also announced a reduction in its capital expenditure guidance for the year. Investors might find interest in Pine Cliff’s adaptability in its budgeting amidst fluctuating market conditions.

For further insights into TSE:PNE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskPine Cliff Energy Reports Q3 2024 Results and Capex Adjustment
TipRanks Canadian Auto-Generated NewsdeskPine Cliff Energy Announces Dividend and Webcast
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App