I hope all of Pine Cliff’s supporters are enjoying their summer. I sure am. Pine Cliff is pleased to report a third consecutive quarter with its highest quarterly adjusted funds flow in its history at $55.8 million in Q2 2022.
The price for natural gas enables Pine Cliff to pursue strategic acquisition opportunities and corporate transactions. The Company can act quickly to capitalize on these opportunities and still provide a consistent and reliable income stream.
High quality assets with industry leading decline rates creating stable and predictable revenue stream.
Attractive per share value among other Canadian energy companies in a strong oil and gas commodity environment. With the ability to acquire defensive assets.
Significant free cash flow (FCF) generated from low operational cost and quality assets, leading to consistent and long-term income dividend stream to our shareholders.