Pengrowth loses a listing

PENGROWTH ENERGY $0.97 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $539.4 million; TSINetwork Rating: Speculative; No dividends paid; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada. This includes its Lindbergh oil sands project in the Cold Lake area of Alberta.
In addition to their… Read More

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