PENGROWTH ENERGY $7.12 – Toronto symbol PGF

PENGROWTH ENERGY $7.12 (Toronto symbol PGF; Shares outstanding: 526.2 million; Market cap: $3.7 billion; TSINetwork Rating: Average; Dividend yield: 6.7%; www.pengrowth.com) produced 75,102 barrels a day (55% oil and natural gas liquids, 45% natural gas) in the first quarter of 2014, down 16.3% from 89,702… Read More

Pengrowth shifts its focus

PENGROWTH ENERGY $7.12 (Toronto symbol PGF; Shares outstanding: 526.2 million; Market cap: $3.7 billion; TSINetwork Rating: Average; Dividend yield: 6.7%; www.pengrowth.com) produced 75,102 barrels a day (55% oil and natural gas liquids, 45% natural gas) in the first quarter of 2014, down 16.3% from 89,702… Read More

PENGROWTH ENERGY CORP. $3.74 – Toronto symbol PGF

PENGROWTH ENERGY CORP. $3.74 (Toronto symbol PGF; Aggressive Growth and Income Portfolios, Resources sector; Shares outstanding: 538.0 million; Market cap: $2.0 billion; Price-to-sales ratio: 1.7; Dividend yield: 6.4%; TSINetwork Rating: Average; www.pengrowth.com) recently started up its Lindbergh oil sands project in eastern Alberta, which should… Read More

PENGROWTH ENERGY $7.14 – Toronto symbol PGF

PENGROWTH ENERGY $7.14 (Toronto symbol PGF; Shares outstanding: 519.8 million; Market cap: $3.6 billion; TSINetwork Rating: Average; Dividend yield: 6.7%; www.pengrowth.com) plans to spend $715 million to expand and upgrade its oil and natural gas properties in 2014. That’s down 7.1% from the $770 million… Read More

High yield looks safe

PENGROWTH ENERGY $7.14 (Toronto symbol PGF; Shares outstanding: 519.8 million; Market cap: $3.6 billion; TSINetwork Rating: Average; Dividend yield: 6.7%; www.pengrowth.com) plans to spend $715 million to expand and upgrade its oil and natural gas properties in 2014. That’s down 7.1% from the $770 million… Read More

PENGROWTH ENERGY $6.66 – Toronto symbol PGF

PENGROWTH ENERGY $6.66 (Toronto symbol PGF; Shares outstanding: 519.8 million; Market cap: $3.5 billion; TSINetwork Rating: Average; Dividend yield: 7.2%; www.pengrowth.com) recently sold off $1 billion of less-important properties to raise funds for its $590-million Lindbergh oil sands project in Alberta.

As a result, Pengrowth’s average… Read More