Strategic asset sales help them cut debt

ENERPLUS CORP. $15.03 (Toronto symbol ERF; Shares outstanding: 244.7 million; Market cap: $3.7 billion; TSINetwork Rating: Speculative; Dividend yield: 1.0%) produces oil and gas from properties in Western Canada—Alberta, Saskatchewan and B.C.—as well as North Dakota and Montana. The company also has properties in the Marcellus Shale… Read More

Pengrowth cuts debt with asset sales

PENGROWTH ENERGY CORP. $0.90 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares o/s: 552.2 million; Market cap: $497.0 million; P/S ratio: 0.8; Dividend suspended in January 2016; TSINetwork Rating: Speculative; www.pengrowth.com) produces oil and natural gas in Western Canada and off the coast of Nova… Read More

Pengrowth ups its output

PENGROWTH ENERGY $0.97 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $530.2 million; TSINetwork Rating: Speculative; No dividends paid; www. pengrowth.com) produces oil and natural gas in Western Canada and off the coast of Nova Scotia.

For 2018, the company expects to spend $65 million… Read More

Debt still too high after asset sales

PENGROWTH ENERGY CORP. $1.00 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 552.3 million; Market cap: $552.3 million; Price-to-sales ratio: 1.0; Dividend suspended in January 2016; TSINetwork Rating: Speculative; www. pengrowth.com) has sold $984 million of its less-important properties since the start of… Read More

Updates on Telus, TD Bank and Pengrowth Energy

TELUS $46.88 (Toronto symbol T; Shares outstanding: 594.0 million; Market cap: $27.9 billion; TSINetwork Rating: Above Average; Divd. yield: 4.2%; www.telus.com) owns 65% of Telus International. Formed in 2005, this business operates call centres on behalf of corporate clients in North America, Central America, Europe… Read More