Welcome back to the rose bros podcast!
This episode we are joined by Phil Hodge, President & CEO of Pine Cliff Energy.
Pine Cliff Energy is a public company actively engaged in the exploration, development and production of natural gas, crude oil and natural gas liquids in Western Canada.
Pine Cliff currently produces ~21,000 boe per day, and trades on the Toronto Stock Exchange with a market cap of approximately $400 million.
As commodity prices continue to rise 2021/2022, Pine Cliff has enjoyed enormous gains including a 45% free cash flow yield, plans to eliminate all debt, and its first dividend scheduled to begin in May of 2022.
With a single digit decline rate on production (industry average is ~ 30%), Pine Cliff plans to continue its steady growth rate as the Canadian energy industry recovers.
We sat down for a smooth cup of rose bros coffee and discussed why natural gas prices are rising, capital allocation and how it affects shareholders, the realities of transitioning energy industry & how the invasion of Ukraine has affected global energy security.
Also, this episode is also available on YouTube, so if you enjoyed the conversation, subscribe to the rose bros channel – it will go a long way to helping the show.
Also, this week's podcast was brought to you by A1 Media.
Looking to grow your business online?
A1 can help grow your business through its bundled media packages including a website, newsletter, social media accounts, eCommerce storefront or podcast.
Let A1 help tell your entrepreneurial story and reach millions of new customers.
Check out a1dev.ca today for more details on how you can grow your business.
Enjoy!
Support the show
View all episodes
By Mr. Rose
4.9
1010 ratings
Welcome back to the rose bros podcast!
This episode we are joined by Phil Hodge, President & CEO of Pine Cliff Energy.
Pine Cliff Energy is a public company actively engaged in the exploration, development and production of natural gas, crude oil and natural gas liquids in Western Canada.
Pine Cliff currently produces ~21,000 boe per day, and trades on the Toronto Stock Exchange with a market cap of approximately $400 million.
As commodity prices continue to rise 2021/2022, Pine Cliff has enjoyed enormous gains including a 45% free cash flow yield, plans to eliminate all debt, and its first dividend scheduled to begin in May of 2022.
With a single digit decline rate on production (industry average is ~ 30%), Pine Cliff plans to continue its steady growth rate as the Canadian energy industry recovers.
We sat down for a smooth cup of rose bros coffee and discussed why natural gas prices are rising, capital allocation and how it affects shareholders, the realities of transitioning energy industry & how the invasion of Ukraine has affected global energy security.
Also, this episode is also available on YouTube, so if you enjoyed the conversation, subscribe to the rose bros channel – it will go a long way to helping the show.
Also, this week's podcast was brought to you by A1 Media.
Looking to grow your business online?
A1 can help grow your business through its bundled media packages including a website, newsletter, social media accounts, eCommerce storefront or podcast.
Let A1 help tell your entrepreneurial story and reach millions of new customers.
Check out a1dev.ca today for more details on how you can grow your business.
Enjoy!
Support the show
3,074 Listeners
84 Listeners
95 Listeners
23 Listeners
28 Listeners
301 Listeners
110 Listeners
81 Listeners
249 Listeners
30 Listeners
13 Listeners
6 Listeners
17 Listeners
51 Listeners
14 Listeners