Pengrowth cuts its debt

PENGROWTH ENERGY $1.37 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $750.4 million; TSINetwork Rating: Average; No dividends paid; www.pengrowth. com) has agreed to sell part of its Swan Hills properties in northern Alberta for $180 million. It expects to complete the sale by… Read More

Updating BlackBerry Ltd., Pengrowth Energy Corp. and Bank of Nova Scotia

BLACKBERRY LTD. $9.49 (Toronto symbol BB; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 530.4 million; Market cap: $5.0 billion; Price-to-sales ratio: 3.4; No dividends paid; TSINetwork Rating: Speculative; www.blackberry.com) provides secure wireless communication services and equipment.
The company recently quit developing new smartphones as… Read More

Bonavista is the better buy right now

PENGROWTH ENERGY $1.95 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $1.1 billion; 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 the… Read More

Cash flow steady despite asset sales

PENGROWTH ENERGY CORP. $2.07 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 547.4 million; Market cap: $1.1 billion; Price-to-sales ratio: 2.2; Dividend suspended in January 2016; TSINetwork Rating: Speculative; www.pengrowth.com) produces oil and natural gas in Western Canada and off the coast of… Read More

Lindbergh’s reserves rise 43.0%

PENGROWTH ENERGY CORP. $2.25 (Toronto symbol PGF; Aggressive Growth and Income Portfolios, Resources sector;Shares outstanding: 547.4 million; Market cap: $1.2 billion;Price-to-sales ratio: 2.2; Dividend suspended in January 2016; TSI Network Rating: Speculative; www.pengrowth.com) announced that its Lindbergh oil sands property in Alberta holds more oil… Read More

Bright future outshines a volatile present

PENGROWTH ENERGY $1.89 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $1.1 billion; TSINetwork Rating: Average; No dividends paid; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada. This includes its Lindbergh oil sands project in Alberta.

In the three months ended June… Read More