PEA.V - Pieridae Energy Limited

TSXV - TSXV Delayed Price. Currency in CAD
0.5500
-0.0200 (-3.51%)
As of 1:23PM EST. Market open.
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Previous Close0.5700
Open0.5700
Bid0.5300 x 0
Ask0.5500 x 0
Day's Range0.5500 - 0.5700
52 Week Range0.5500 - 2.2200
Volume19,134
Avg. Volume44,351
Market Cap86.703M
Beta (5Y Monthly)-0.49
PE Ratio (TTM)N/A
EPS (TTM)-0.7240
Earnings DateNov 05, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateOct 18, 2017
1y Target Est4.00
  • GlobeNewswire

    Pieridae Issues Common Shares

    NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, Feb. 05, 2020 -- Pieridae Energy Limited (“Pieridae” or the.

  • GlobeNewswire

    Pieridae Updates 2020 Guidance

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) released updated corporate guidance for 2020 today which focuses on increasing NOI due to, among other things, operating efficiencies; increasing production with the recent, previously disclosed acquisition of key Alberta Foothills assets; lower per barrel operating costs; a higher capital budget; and a development expense budget for Goldboro LNG as we move toward FID for the project. “We are guiding to an increase of up to 10 times our NOI from pre-acquisition levels which further accentuates the transformational nature and accretiveness of the Foothills assets acquisition,” said Pieridae CEO Alfred Sorensen.

  • GlobeNewswire

    Pieridae Appoints New Chief Financial Officer

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.V) is pleased to announce the appointment of Mr. Rob Dargewitcz as Chief Financial Officer (“CFO”) of the Company. Mr. Dargewitcz began his new role on November 11, 2019. "We are excited to officially welcome Rob to our leadership team as our new CFO," said Pieridae CEO Alfred Sorensen.

  • GlobeNewswire

    Pieridae Announces Third Quarter Results

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) has filed its third quarter (“Q3”) unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and nine month periods ending September 30, 2019. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com. “Closing the Shell asset acquisition means we have secured the majority of the gas needed to supply the first train at our Goldboro LNG facility for at least twenty years.

  • GlobeNewswire

    Pieridae Appoints New Independent Director

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.V) is pleased to announce the appointment of Mr. Mark Horrox as an additional independent director, effective immediately. Mr. Horrox is a principal at Third Eye Capital ("TEC").

  • GlobeNewswire

    Pieridae Energy Closes the Acquisition of Shell Canada’s Foothills Assets

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.V) is pleased to announce that it has closed its acquisition of all of Shell Canada Energy’s (“Shell”) midstream and upstream assets in the southern Alberta Foothills (the “Assets”) for $190 million (the “Acquisition”) in accordance with the terms of the amended and restated purchase and sale agreement dated October 7, 2019 (the “PSA”). All references to dollars ($) are to Canadian currency.

  • GlobeNewswire

    Pieridae Energy Closes Tranche One of Subscription Receipts Private Placement

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.V) is pleased to announce that it has closed the first tranche of its previously announced brokered private placement of Company subscription receipts (the “Offering”).

  • GlobeNewswire

    Pieridae and AIMCo Agree to Extend Term Loan and Convertible Debenture Maturity

    Pieridae Energy Limited (Pieridae or the Company) (PEA.V) announces that Alberta Investment Management Corporation, on behalf of certain of its clients, and Pieridae have agreed to extend the maturity date of both (a) the $50 million senior secured term loan facility (the “Term Loan”), as described in the news release issued by the Company on December 18, 2018, and (b) the $10 million secured convertible debenture, as described in the news release issued by the Company on July 2, 2019, from September 30, 2019 to the earlier to occur of (i) October 16, 2019, or (ii) the day on which an acceleration notice is delivered, or deemed to be delivered under the Term Loan. This revised maturity date will align with Pieridae’s closing of its proposed acquisition of certain midstream and upstream properties from Shell Canada Energy as described in the news release issued by the Company on June 26, 2019 which Pieridae expects to occur on or before October 16, 2019.

  • GlobeNewswire

    Pieridae Energy Issues an Update on the Private Placement of Subscription Receipts

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.V) is pleased to announce that Haywood Securities Inc., as sole agent, has confirmed that it has received subscriptions for the placement of 38,637,850 subscription receipts of the Company at a price of $0.86 per subscription receipt for gross proceeds of $33,228,551.38 (the “Subscription Receipt Offering” or the “Offering”). This includes a subscription of $20 million from Erikson National Energy Inc., a portfolio company of Third Eye Capital Corporation, a subscription of $8.5 million from Electron Capital and subscriptions of approximately $350,000 from certain directors of the Company.

  • GlobeNewswire

    Pieridae Announces Second Quarter Results

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) has filed its second quarter (“Q2”) unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and six month periods ending June 30, 2019. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com. On April 1, 2019, the Company announced it had engaged Kellogg Brown & Root Limited ("KBR") to perform a review of an amended version of the previously prepared front-end engineering and design study for its proposed Goldboro LNG Facility.

  • GlobeNewswire

    Pieridae Negotiates Extensions of Key Deadlines in Its Long-Term LNG Agreement With Uniper

    Pieridae Energy Limited (Pieridae or the Company) (PEA.V) today announced it has negotiated extensions of the key deadlines under its 20-year agreement with German utility Uniper. The 20-year agreement with Uniper is for half the liquefied natural gas produced at Goldboro or 5 mmtpa (million tonnes per annum). A redacted copy of the agreement and a copy of the recent amendment are available on SEDAR which have been filed as “other material contracts” and “other material contacts (amended)”, respectively.

  • Pieridae Energy Limited Closes the Market
    CNW Group

    Pieridae Energy Limited Closes the Market

    Pieridae Energy Limited Closes the Market

  • GlobeNewswire

    Pieridae Closes the TSX – Injects Some Stampede Spirit!

    Pieridae Energy Limited (Pieridae or the Company) (PEA.V) today had the privilege to close the Toronto Stock Exchange. The TSX has a rich history, created in the fall of 1861 by 24 men who had gathered at Toronto’s Masonic Hall to set up a framework to trade assets. Equally steeped in tradition, the Calgary Stampede’s roots are traced to 1886 when the Calgary and District Agricultural Society held its first fair.

  • GlobeNewswire

    Pieridae Grants Common Shares & Options

    NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, July 03, 2019 --  Pieridae Energy Limited (Pieridae or the.

  • GlobeNewswire

    Pieridae Energy Limited Announces Closing of Non-Brokered Private Placement of Common Shares and Convertible Debentures for a Total of $12.2 Million

    Pieridae Energy Limited (Pieridae or the Company) (PEA.V) is pleased to announce that it has closed its previously announced (i) non-brokered private placement of common shares of the Company at a price of $0.86 per share for gross proceeds of $2.2 million (the “Common Share Offering”) and (ii) a non-brokered private placement of a secured convertible debenture of the Company (the “Convertible Debenture”) for aggregate gross proceeds of $10 million (the “Convertible Debenture Offering” and together with the Common Share Offering, the “Offering”). Gross proceeds from the Offering were $12.2 million.

  • CNW Group

    IIROC Trading Resumption - PEA

    IIROC Trading Resumption - PEA

  • GlobeNewswire

    Pieridae Energy to Purchase Shell Canada Foothills-Area Production & Assets: 28,623 BOE/d and Associated Midstream Assets, Including Three Deep-Cut Gas Plants

    Highlights: Acquisition immediately accretive to the CompanyAnother major step forward, now fully supplying Train 1 at the Goldboro LNG facilityPieridae becomes a major player.

  • CNW Group

    IIROC Trading Halt - PEA

    IIROC Trading Halt - PEA

  • GlobeNewswire

    Pieridae Announces the Results of Its Annual and Special Shareholder Meeting

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) today announced the re-election of Mr. Myron A. Tétreault, Mr. Alfred Sorensen, Mr. Charles Boulanger, Mr. Andrew Judson, Mr. Kjell Pedersen and Mr. Tim de Freitas as its directors for the forthcoming year, and the election of Mr. Charle Gamba as a new independent director.

  • GlobeNewswire

    Pieridae Announces First Quarter Results

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) has filed its first quarter (“Q1”) unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the first three months of 2019. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com. On February 4, 2019 Pieridae signed a benefits agreement with the Assembly of Nova Scotia Mi’kmaq Chiefs.

  • GlobeNewswire

    Pieridae Comments on Recent Trading and Maintains Momentum for Goldboro LNG Project

    Pieridae Energy Limited (Pieridae or the Corporation) (PEA.V) In light of the recent share price decline, Pieridae would like to confirm that there have been no material adverse changes in its business. As Pieridae’s management does not believe the current trading price of the Corporation’s shares properly reflects the inherent value of the Corporation’s investments, management reiterates that key project milestones achieved for its flagship Goldboro LNG Project are still firmly in place. Pieridae has signed a 20-year sales agreement with German utility Uniper worth approximately $35 billion.

  • GlobeNewswire

    Pieridae Energy Announces 2018 Year End Results, Progress Made on Goldboro LNG Project and Board Change

    Pieridae Energy Limited (“Pieridae” or the “Corporation”) (PEA - TSXV) released its 2018 financial and operating results today, highlighting the fact it took some key steps forward last year in advancing its Goldboro liquefied natural gas (“LNG”) Project. In 2018, the company was issued a permit to construct the facility, received US$1.5 billion in additional conditional loan support from the German Government, closed its purchase of Ikkuma Resources Corp. (“Ikkuma”) to obtain a portion of the supply of natural gas for Goldboro’s first LNG facility (Train 1), and signed a sale and purchase agreement to supply Europe with additional LNG from Goldboro’s second facility (Train 2). Pieridae has Eastern Canada’s only fully permitted LNG facility with gas supplies, a pipeline route and an anchor customer – it is truly shovel ready,” said Alfred Sorensen, Pieridae’s Chief Executive Officer.