)
Pine Cliff Energy (PNE) investor relations material
Pine Cliff Energy Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Third quarter faced challenges from weak commodity prices, with extensive hedging providing significant price protection and improved realized prices.
Adjusted funds flow was $5.7 million for Q3 2025 and $22.1 million for the nine months ended September 30, 2025, both lower than the same periods in 2024.
Net loss was $6.0 million for Q3 2025 and $15.9 million for the nine months, similar to prior year losses.
Strategic asset sale in Central Alberta funded the restart of the drilling program, with proceeds allocated to development.
Drilling program to resume after a 2.5-year pause, fully funded without new debt, targeting high-liquids wells with strong economics.
Financial highlights
Realized prices were substantially higher than AECO benchmark due to the most extensive hedging in company history.
Commodity sales were $38.2 million in Q3 2025 and $129.5 million for the nine months, both down from 2024.
Dividend payments since 2022 exceeded $103 million, reflecting strong capital returns.
Dividend was reduced in March to free up cash for drilling, with well costs budgeted around $8 million each.
Net debt reduced by $3.7 million to $58.6 million since year-end 2024.
Outlook and guidance
Forward AECO prices above $3/MCF for winter and 2026, with Q1 prices near $3.50/MCF, supporting robust Free Cash Flow generation.
2025 capital budget reduced to $20.0 million from $23.5 million, with some development deferred to 2026.
Drilling program expected to be self-sustaining after initial investment, with paybacks on new wells around 12 months.
About 33% of 2026 production is hedged at around $3/MCF, with hedging tapering through the year.
Plans to maintain monthly dividend, with potential for increases as Free Cash Flow grows in 2026.
Next Pine Cliff Energy earnings date
Next Pine Cliff Energy earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage