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Pinnacle Renewable Energy Inc

PL.TO

Latest Trade

8.57CAD

Change

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Today's Range

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52 Week Range

5.98

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13.53

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Pinnacle Renewable Energy Reports Q3 Revenue C$92.6 Mln

Nov 12 (Reuters) - Pinnacle Renewable Energy Inc <PL.TO>::PINNACLE RENEWABLE ENERGY REPORTS FISCAL 2019 THIRD QUARTER RESULTS.Q3 REVENUE ROSE 5.6 PERCENT TO C$92.6 MILLION.PINNACLE RENEWABLE ENERGY - EXPECT PRODUCTION AND REVENUE GROWTH PRESSURE TO CONTINUE THROUGH END OF 2019 AND INTO 2020.IN QUARTER ACHIEVED ANNUAL RUN-RATE PRODUCTION OF 125,000 MT OF INDUSTRIAL WOOD PELLETS AT SMITHERS FACILITY.PINNACLE RENEWABLE ENERGY - PREVIOUSLY COMMUNICATED ADJUSTED EBITDA FOR FISCAL 2019 IS EXPECTED TO BE BELOW GUIDANCE PROVIDED FOR YEAR.Q3 REVENUE VIEW C$101.4 MILLION -- REFINITIV IBES DATA.

Pinnacle Renewable Energy Expects Guidance Shortfall For Fiscal 2019 Due To The Impact Of B.C. Sawmill Curtailments

Sept 30 (Reuters) - Pinnacle Renewable Energy Inc <PL.TO>::PINNACLE RENEWABLE ENERGY ANNOUNCES EXPECTED GUIDANCE SHORTFALL FOR FISCAL 2019 DUE TO THE IMPACT OF B.C. SAWMILL CURTAILMENTS.PINNACLE RENEWABLE ENERGY - HIGHER COST OF HARVEST RESIDUALS AND RELATED OPERATING COSTS HAVE CONTINUED TO IMPACT OPERATING RESULTS INTO Q3 OF 2019.PINNACLE RENEWABLE ENERGY - EXPECTS SHORTFALL IN ITS GUIDANCE FOR ADJUSTED EARNINGS BEFORE INTEREST, TAX, DEPRECIATION, AND AMORTIZATION FOR FISCAL 2019.

Pinnacle Renewable Energy Says Q2 Revenue Rose 22.4% To C$104.2 Mln

Aug 12 (Reuters) - Pinnacle Renewable Energy Inc <PL.TO>::PINNACLE RENEWABLE ENERGY REPORTS FISCAL 2019 SECOND QUARTER RESULTS.Q2 REVENUE ROSE 22.4 PERCENT TO C$104.2 MILLION.SOLD APPROXIMATELY 478,000 METRIC TONS OF INDUSTRIAL WOOD PELLETS IN QUARTER, UP 24.2%.

Pinnacle Renewable Energy Announces Partnership With Tolko Industries

July 4 (Reuters) - Pinnacle Renewable Energy Inc <PL.TO>::PINNACLE RENEWABLE ENERGY ANNOUNCES PARTNERSHIP WITH TOLKO INDUSTRIES TO DEVELOP NEW PRODUCTION FACILITY IN NORTHERN ALBERTA.UNDER DEAL, PINNACLE AND TOLKO WILL EACH OWN A 50 PERCENT INTEREST IN FACILITY.PINNACLE RENEWABLE ENERGY - CAPITAL COST OF FACILITY EXPECTED TO BE APPROXIMATELY $54 MILLION, WITH 50 PERCENT FUNDED BY PINNACLE AND 50 PERCENT BY TOLKO.INITIAL WOOD PELLET PRODUCTION AT FACILITY IS EXPECTED TO COMMENCE IN Q4 OF 2020.WILL FUND ITS PORTION OF CAPITAL COSTS FROM DRAWS ON ITS RECENTLY EXPANDED CREDIT FACILITIES.FACILITY IS EXPECTED TO HAVE A RUN-RATE PRODUCTION CAPACITY OF 170,000 TO 200,000 METRIC TONS PER ANNUM.

Pinnacle Renewable Energy Inc Announces Expanded Credit Facility

June 14 (Reuters) - Pinnacle Renewable Energy Inc <PL.TO>::PINNACLE RENEWABLE ENERGY INC. ANNOUNCES EXPANDED CREDIT FACILITY.PINNACLE RENEWABLE ENERGY INC - EXPANDED ITS CREDIT FACILITY TO $530 MILLION.PINNACLE RENEWABLE ENERGY INC - CREDIT FACILITY EXTENDS MATURITY DATE TO JUNE 13, 2024..PINNACLE RENEWABLE ENERGY - EXPANDED CREDIT FACILITY INCREASES TOTAL AMOUNT OF COMMITTED CAPITAL AVAILABLE BY $150 MILLION.

Pinnacle Renewable Energy Reports Qtrly Loss Per Share Of $0.18

May 8 (Reuters) - Pinnacle Renewable Energy Inc <PL.TO>::PINNACLE RENEWABLE ENERGY REPORTS FISCAL 2019 FIRST QUARTER RESULTS AND PROVIDES 2019 ADJUSTED EBITDA GUIDANCE.QTRLY REVENUE INCREASED 26.2% TO $89.6 MILLION, COMPARED TO Q1 2018.QTRLY LOSS PER SHARE $0.18.PINNACLE EXPECTS TO ACHIEVE ADJUSTED EBITDA OF $54 TO $58 MILLION FOR FISCAL 2019.Q1 EARNINGS PER SHARE VIEW C$0.02, REVENUE VIEW C$98.1 MILLION -- REFINITIV IBES DATA.

Pinnacle Renewable Energy Resumes Production at Entwistle Facility, Announces New Off-Take Contract in Japan

March 31 (Reuters) - Pinnacle Renewable Energy Inc <PL.TO>::PINNACLE RENEWABLE ENERGY - RESUMED PRODUCTION OF WOOD PELLETS AT ITS FACILITY IN ENTWISTLE, ALBERTA USING DRY FIBRE MARCH 29.ENTERED INTO A NEW LONG-TERM, TAKE-OR-PAY CONTRACT WITH SUMITOMO CORPORATION.PINNACLE RENEWABLE ENERGY - UNDER TERMS , CO WILL SUPPLY 200,000 METRIC TONS PER ANNUM OF WOOD PELLETS TO SUMITOMO STARTING IN 2022.

Pinnacle Renewable Energy Reports Qtrly EPS $0.22

Feb 21 (Reuters) - Pinnacle Renewable Energy Inc <PL.TO>::PINNACLE RENEWABLE ENERGY REPORTS FISCAL 2018 FOURTH QUARTER AND YEAR-END RESULTS AND ANNOUNCES NEW OFF-TAKE CONTRACTS IN JAPAN AND SOUTH KOREA.Q4 2018 REVENUE INCREASED 42.2% TO $103.7 MILLION, COMPARED TO $73.0 MILLION IN Q4 2017;.QTRLY BASIC AND DILUTED EARNINGS PER SHARE $0.22.PINNACLE EXPECTS TO SEE CONTINUED STRONG EXECUTION IN STRATEGIC GROWTH PLAN OF BUSINESS IN 2019.PINNACLE RENEWABLE ENERGY - ALICEVILLE AND SMITHERS FACILITIES ADDED IN Q4 2018 WILL CONTRIBUTE TO 2019 GROWTH AS THEY RAMP UP PRODUCTION.Q4 EARNINGS PER SHARE VIEW C$0.12, REVENUE VIEW C$97.0 MILLION -- REFINITIV IBES DATA.

Pinnacle Renewable Energy Announces Temporary Suspension Of Operations At Its Entwistle Facility

Feb 11 (Reuters) - Pinnacle Renewable Energy Inc <PL.TO>::PINNACLE RENEWABLE ENERGY ANNOUNCES TEMPORARY SUSPENSION OF OPERATIONS AT ITS ENTWISTLE FACILITY.OPERATIONS AT ITS WOOD PELLET PRODUCTION FACILITY IN ENTWISTLE, ALBERTA HAVE BEEN TEMPORARILY SUSPENDED.AT APPROXIMATELY 2 O'CLOCK MST , A FIRE OCCURRED AT FACILITY, CAUSING DAMAGE TO PART OF FACILITY.REPORTED THAT ONE EMPLOYEE WENT TO HOSPITAL AND SEVERAL EMPLOYEES SUSTAINED MINOR INJURIES AS A RESULT OF ACCIDENT.AT PRESENT, CAUSE OF FIRE IS UNKNOWN.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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