Pengrowth is still cheap

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… Read More

Pengrowth is still a bargain

PENGROWTH ENERGY CORP. $6.56 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 520.5 million; Market cap: $3.4 billion; Price-to-sales ratio: 2.4; Dividend yield: 7.3%; TSINetwork Rating: Average; www.pengrowth.com) recently sold $1 billion of less important properties to raise funds for its $590-million Lindbergh… Read More

PENGROWTH ENERGY $6.57 – Toronto symbol PGF

PENGROWTH ENERGY $6.57 (Toronto symbol PGF; Shares outstanding: 517.7 million; Market cap: $3.4 billion; TSINetwork Rating: Average; Dividend yield: 7.3%; www.pengrowth.com) has gained over 31% since early July 2013. That’s mainly because the company has successfully completed its plan to sell some of its less… Read More

PENGROWTH ENERGY CORP. $5.90 – Toronto symbol PGF

PENGROWTH ENERGY CORP. $5.90 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 517.7 million; Market cap: $3.1 billion; Price-to-sales ratio: 1.9; Dividend yield: 8.1%; TSINetwork Rating: Average; www.pengrowth.com) produces oil and natural gas in Western Canada and off the Nova Scotia coast. Gas… Read More

PENGROWTH ENERGY – Toronto symbol PGF

PENGROWTH ENERGY $5.84 (Toronto symbol PGF; Shares outstanding: 516.1 million; Market cap: $3.0 billion; TSINetwork Rating: Average; Dividend yield: 8.2%; www.pengrowth.com) has sold several of its less important oil and gas properties in Western Canada for $700 million.

Including the company’s earlier $316-million sale of its… Read More

Shift to oil adds to Pengrowth’s appeal

PENGROWTH ENERGY CORP. $5.90 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 517.7 million; Market cap: $3.1 billion; Price-to-sales ratio: 1.9; Dividend yield: 8.1%; TSINetwork Rating: Average; www.pengrowth.com) produces oil and natural gas in Western Canada and off the Nova Scotia coast. Gas… Read More