PENGROWTH ENERGY CORP. $4.90 – Toronto symbol PGF

PENGROWTH ENERGY CORP. $4.90 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 511.8 million; Market cap: $2.5 billion; Price-to-sales ratio: 1.6; Dividend yield: 9.8%; TSINetwork Rating: Average; www.pengrowth.com) produced 85,748 barrels of oil equivalent a day (60% natural gas and 40% oil) in… Read More

Our top natural gas pick.

Here are some natural gas producers we recommend:

Encana Corp., $20.18, symbol ECA on Toronto (Shares outstanding: 736.3 million; Market cap: $15.0 billion; www.encana.com), is a recommendation of The Successful Investor, our conservative-growth advisory.

Encana is one of North America’s largest natural gas producers. The company… Read More

PENGROWTH ENERGY $4.49 – Toronto symbol PGF

PENGROWTH ENERGY $4.49 (Toronto symbol PGF; Shares outstanding: 509.0 million; Market cap: $2.3 billion; TSINetwork Rating: Average; Dividend yield: 10.7%; www.pengrowth.com) plans to spend $770 million on upgrades to its oil and natural gas properties in 2013. That’s up 46.7% from the $525 million it… Read More

Pengrowth keeps growing

PENGROWTH ENERGY $4.49 (Toronto symbol PGF; Shares outstanding: 509.0 million; Market cap: $2.3 billion; TSINetwork Rating: Average; Dividend yield: 10.7%; www.pengrowth.com) plans to spend $770 million on upgrades to its oil and natural gas properties in 2013. That’s up 46.7% from the $525 million it… Read More

PENGROWTH ENERGY CORP. $4.97 – Toronto symbol PGF

PENGROWTH ENERGY CORP. $4.97 (Toronto symbol PGF;Aggressive Growth Portfolio, Resources sector; Shares outstanding: 507.1 million; Market cap: $2.5 billion; Price-to-sales ratio: 1.6; Dividend yield: 9.7%; TSI Network Rating: Average;www.pengrowth.com) has agreed to sell its 10.02% interest in the Weburn oil project in Saskatchewan.

The company will… Read More

Pengrowth slashes its debt

PENGROWTH ENERGY CORP. $4.97 (Toronto symbol PGF;Aggressive Growth Portfolio, Resources sector; Shares outstanding: 507.1 million; Market cap: $2.5 billion; Price-to-sales ratio: 1.6; Dividend yield: 9.7%; TSI Network Rating: Average;www.pengrowth.com) has agreed to sell its 10.02% interest in the Weburn oil project in Saskatchewan.The company will… Read More

Updates LOBLAW COMPANIES, PENGROWTH ENERGY, ENCANA CORP.

LOBLAW COMPANIES $33.47 (Toronto symbol L; Shares outstanding: 281.5 million; Market cap: $9.4 billion; TSINetwork Rating: Above Average; Dividend yield: 2.6%; www.loblaw.ca) has signed a new long-term deal with Towers Watson, a private firm that helps Canadian companies manage their employees’ health benefits.

Under the agreement,… Read More

PENGROWTH ENERGY CORP. $5.59 – Toronto symbol PGF

PENGROWTH ENERGY CORP. $5.59 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 507.1 million; Market cap: $2.8 billion; Price-to-sales ratio: 1.8; Dividend yield: 8.6%; TSINetwork Rating: Average; www.pengrowth.com) has suffered from low natural gas prices, same as Encana. That’s why in May 2012… Read More