Pine Cliff Energy Ltd. Declares Monthly Dividend for December 31, 2025
Rhea-AI Summary
Pine Cliff Energy (TSX: PNE | OTCQX: PIFYF) declared a regular monthly dividend of $0.00125 per common share, payable on December 31, 2025 to shareholders of record on December 15, 2025.
The company said this and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.
Positive
- Dividend declared of $0.00125 per common share
- Shareholders receive a cash distribution on December 31, 2025
Negative
- Per-share dividend amount is very small ($0.00125)
- Dividends designated as non-eligible for Canadian tax
News Market Reaction
On the day this news was published, PIFYF declined 0.90%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Among key peers, moves were mixed: JOURNEY ENERGY up 0.99%, HEMISPHERE ENERGY down 0.13%, RECONNAISSANCE AFRICA down 3.98%, and ZION OIL & GAS down 2.27%, suggesting this regular dividend news is more company-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 02 | Monthly dividend | Neutral | -0.9% | Declared $0.00125 monthly dividend payable December 31, 2025. |
| Nov 20 | Asset disposition | Neutral | +2.7% | Closed Central area asset sale for $15.0M gross cash proceeds. |
| Nov 05 | Earnings & dividend | Neutral | +0.6% | Reported Q3 2025 results and maintained $0.00125 monthly dividend. |
| Nov 05 | Asset sale deal | Neutral | +3.8% | Announced agreement to sell Central area assets for $15.0M. |
| Oct 03 | Monthly dividend | Neutral | +3.1% | Declared $0.00125 dividend payable October 31, 2025. |
Recent dividend and asset-related announcements have produced modest, mixed price reactions, indicating no consistent directional pattern around such news.
Over the last few months, Pine Cliff reported Q3 2025 results, executed a Central area asset sale for $15.0M, and repeatedly declared a monthly dividend of $0.00125 per share. Earlier in 2025, it renewed and extended debt facilities and cut its annual dividend from $0.06 to $0.015 per share while outlining a $20.0M capital budget. The current December 31, 2025 dividend declaration continues this established monthly payout pattern and tax designation approach.
Market Pulse Summary
This announcement continues Pine Cliff’s practice of paying a monthly dividend of $0.00125 per share, this time on December 31, 2025 to holders of record on December 15, with payments designated as non-eligible dividends for Canadian tax purposes. In 2025 the company reset its annual dividend to $0.015 per share and reported a Q3 $6.0M net loss and $58.6M in net debt. Investors may watch future capital budgets, debt metrics, and any changes to dividend policy.
Key Terms
non-eligible dividends financial
AI-generated analysis. Not financial advice.
Calgary, Alberta--(Newsfile Corp. - December 2, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of
About Pine Cliff
Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. Further information relating to Pine Cliff may be found on sedarplus.ca as well as on Pine Cliff's website at www.pinecliffenergy.com.
For further information, please contact:
Philip B. Hodge - President and CEO
Kristopher B. Zack - CFO and Corporate Secretary
Telephone: (403) 269-2289
Fax: (403) 265-7488
Email: info@pinecliffenergy.com
The TSX does not accept responsibility for the accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276652