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In an era of near-zero rates from the Fed, NLY’s dividend return is sky-high.JMP analyst Steven DeLaney is impressed with NLY. Based on the $8.6 million net purchase price of the Asset, the acquisition metrics are as follows: (1) Based on the estimated adjusted funds flow for the 12 months preceding the Closing Date. The firm added that solar manufacturing “will be a cyclical industry with limited tailwinds,” whereas for residential solar, “any multiple expansion/shrinking will rather be driven by supply/demand mismatch.”Sectors in Focus:Dunkin’ Brands shares are up 18% premarket after the Dunkin’ Donuts and Baskin-Robbins parent company confirmed Sunday afternoon that it has held preliminary discussions to be acquired by Inspire Brands.Cenovus Energy on Sunday agreed to buy Husky Energy in a C$3.8 billion all-stock deal that will combine two of the largest players in Canada’s beleaguered oil-sands industry. Corporate netback is a non-GAAP measure calculated as the Company's operating netback, less general and administrative expenses, interest and bank charges, divided by the Boe production of the Company. It is anticipated that certain insiders, including officers and directors of Pine Cliff, will participate in the Common Share Private Placement. Announces Second Quarter 2020 Results and Insider Loan Facility. "title": "Commodities", The TipRanks database sheds some additional light on three of JMP’s picks – stocks with dividends yielding 7% or better – and that the investment firm sees with 20% upside or better. The Assets currently produce approximately 1,575 Boe/d and are 75% weighted towards natural gas, 16% to natural gas liquids and 9% to oil. maintain a balance sheet that will allow for more potential acquisitions but will also provide for a  sustainable model even in a low natural gas price environment; accelerate oil and liquids drilling and optimization activities on its current asset base; and. }, They’ve submitted a competing proposal to buy the retailer’s real estate while still allowing mall owners Simon Property Group Inc. and Brookfield Property Partners take over the company’s operations. Pine Cliff is an oil and natural gas company with a long-term view of creating shareholder value. Forward-looking information in this news release includes, but is not limited to: expected production levels, expected operating cost, royalty and general & administrative expense levels; future capital expenditures, including the amount and nature thereof; future acquisition opportunities including Pine Cliff’s ability to execute on those opportunities; future drilling opportunities and Pine Cliff’s ability to generate reserves and production from the undrilled locations; oil and natural gas prices and demand; expansion and other development trends of the oil and natural gas industry; business strategy and guidance; expansion and growth of our business and operations; maintenance of existing customer, supplier and partner relationships; supply channels; accounting policies; risks; Pine Cliff’s ability to generate cash flow from operating activities and adjusted funds flow; future capital spending and other such matters. Pine Cliff currently has 30 gross (29 net) Pekisko oil locations in its inventory. Wait Until You See This, GM-Backed Lordstown Motors Debuts After SPAC Merger Closes, J.C. Penney Lenders Say They’re Facing ‘Economic Terrorism’, It’s been years since investors have been this fearful of a stock market crash, Nobel-winning economist warns, Man Who Predicted Rise of AMZN Has New Prediction, Surprising data suggests coronavirus housing boom is finally cooling off. "d": "WCS Heavy" Jim Cramer discusses the latest stock market news including his expectations from Apple and Twitter's stock after its earnings and Dunkin's potential sale to Inspire Brands. Cheryne Lowe – Chief Financial Officer and Corporate Secretary The Assets will add significant growth opportunities in the Pekisko oil play, where Pine Cliff drilled its first oil well (the “Initial Well”) in late 2018. The revised 2019 capital budget is expected to meet Pine Cliff’s CDE Obligation. What Wall Street Is Saying. The Assets include ownership in key infrastructure including 99% ownership in a 30,000 Mcf/d gas plant, with significant excess capacity in close proximity to current Duvernay drilling activity. At least a half dozen analysts picked up coverage of the stock on Monday following Palantir’s direct stock listing on the New York Stock Exchange in late September. The Company uses this measure to evaluate its performance. "d": "NYMEX Natural Gas" Pine Cliff shall, pursuant to the provisions of the Income Tax Act (Canada), incur eligible CDE after the closing date of the Flow-Through Private Placement and prior to March 30, 2020 in the aggregate amount of not less than the gross proceeds of the Flow-Through Private Placement (the “CDE Obligation”). The foregoing factors are not exhaustive. Four years on from BHS's collapse, has the audit industry, criticised for not spotting problems, changed? 1 Includes results for acquisitions from the closing dates. { This news release does not constitute an offer to sell or a solicitation of any offer to buy the Offered Shares in the United States. All of the Company's debt is now held by three of its biggest shareholders. The net proceeds of the Flow-Through Private Placement are expected to be used to incur eligible CDE. This figure suggests a 20% upside potential from current levels. Calgary, Alberta–(Newsfile Corp. – February 12, 2020) – Pine Cliff Energy Ltd. (TSX: PNE) (“Pine Cliff“, or the “Company“) is pleased to announce 2019 year-end reserves and 2020 guidance. Natural gas liquids and oil volumes are recorded in barrels of oil (“Bbl”) and are converted to a thousand cubic feet equivalent (“Mcfe”) using a ratio of one (1) Bbl to six (6) thousand cubic feet. Natural gas volumes recorded in thousand cubic feet ("Mcf") are converted to barrels of oil equivalent ("Boe") using the ratio of six (6) thousand cubic feet to one (1) Bbl. "symbolActiveColor": "#F2FAFE", He added the caveat that it’s not clear who would buy the casinos.Adelson is chairman, chief executive officer and the majority shareholder of Las Vegas Sands, which has a market value of $37.5 billion.Casinos in Macau, the world’s biggest gambling market, generated 63% of the company’s $13.7 billion in revenue last year, before the pandemic struck. Not to mention substantial upside potential is on the table.LiveXLive Media (LIVX)We’ll start in digital media, a tech niche that has gained from the various lockdown policies and the larger turn toward remote work and schooling. In May 2019, Pine Cliff executed a strategic acquisition to acquire oil and natural gas assets in the Ghost Pine area of Central Alberta for net cash consideration of $8.8 million, after closing adjustments (the “Acquisition“). "d": "CDN Crude Index" Except as required by law, Pine Cliff disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. The properties are all connected along the city’s famous strip.A representative for Las Vegas Sands confirmed it was in very early discussions about a sale and that nothing has been finalized.A sale would concentrate Sands’ casino portfolio entirely in Macau and Singapore, two larger casino markets for Adelson, who ranks as one of the world’s richest people, with a fortune estimated at $29.7 billion. Pine Cliff’s strategy is to provide above industry average returns in the near term for short-term investors and high rates of return for long-term investors. Further information relating to Pine Cliff may be found on www.sedar.com as well as on Pine Cliff's website at www.pinecliffenergy.com. The Company uses these measures to evaluate its performance, leverage and liquidity. When interest rates started to drop in the spring of 2020, my husband and I took notice. 1 Includes results for acquisitions from the closing dates. Here’s What Happened to My Credit Score, Stock market news live updates: Stock futures tick higher after Dow's worst drop in nearly two months, Buying Tesla Stock? Some investors say to keep away from low-cost stocks, as a price under $5 gets that low for good reason – but some ‘penny’ stocks are fundamentally sound and show the best upsides in the market. Announces Strategic Acquisition, CDE Flow-Through and Common Share Financings and Increased 2019 Capital Spending and Production Guidance The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Pine Cliff’s strategy is to provide above industry average returns in the near term for short-term investors and … In particular, this news release contains statements regarding the operational, economic and financial impacts of the Acquisition on Pine Cliff, ability to reduce operating costs on the Assets, the potential growth opportunities on the Assets, future consolidation opportunities around the Assets, including the timing and nature thereof, future capital spending, anticipated use of the net proceeds of the Private Placements, the anticipated closing date of the Acquisition and the Private Placements, the terms of the Private Placements, the participation by insiders in the Private Placement, the expected increase in the shareholding position of the Alberta Investment Management Corporation, Pine Cliff’s ability to satisfy conditions to completion of the Private Placements, the manner in which the purchase price of the Acquisition will be financed by Pine Cliff, working capital changes, maintenance capital on the Assets, success of the drilling opportunities on the Assets and the timing and nature thereof, other anticipated benefits to Pine Cliff of the Acquisition, current and future production, the closing date of the Acquisition and information regarding Pine Cliff on a pro forma basis assuming completion of the Acquisition. (1) Includes estimated net operating income from October 1, 2018 to May 31, 2019. Alibaba, in turn, has a third of the fintech firm. Calgary, Alberta--(Newsfile Corp. - August 5, 2020) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce the filing of its second quarter financial and operating results. The first quarter of this year saw a net loss of 1 cent per share.Subsequently, Rimini found itself on the losing end of a legal battle with Oracle over copyright infringement. The purchase and sale agreement related to the Acquisition, although binding between the parties, is subject to various standard conditions, including rights of first refusal and regulatory approvals. "s": "INDEX:DJI", For further information, please contact: The company is continuing to look to acquire material asset positions to create core area(s) of production with controlled infrastructure and drilling inventories. Fax: (403) 265-7488 Given that the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of oil, utilizing a conversion on a 6:1 basis may be misleading as an indication of value.

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