Pengrowth aims to cut its debt

PENGROWTH ENERGY $1.36 (Toronto symbol PGF; Shares outstanding: 540.7 million; Market cap: $789.4 million; TSINetwork Rating: Average; Dividend yield: 2.9%; www.pengrowth.com) continues to sell less important properties and focus on more promising operations. This includes its Lindbergh oil sands project in Alberta.

The company has… Read More

Pengrowth sells assets, cuts debt

PENGROWTH ENERGY CORP. $1.41 (Toronto symbol PGF; Aggressive Growth and Income Portfolios, Resources sector; Shares outstanding: 540.7 million; Market cap: $762.4 million; Priceto- sales ratio: 0.8; Dividend yield: 2.8%; TSINetwork Rating: Average; www.pengrowth.com) continues to sell less important properties and focus on more promising operations… Read More

PENGROWTH ENERGY CORP. $1.41 – Toronto symbol PGF

PENGROWTH ENERGY CORP. $1.41 (Toronto symbol PGF; Aggressive Growth and Income Portfolios, Resources sector; Shares outstanding: 540.7 million; Market cap: $762.4 million; Priceto- sales ratio: 0.8; Dividend yield: 2.8%; TSINetwork Rating: Average; www.pengrowth.com) continues to sell less important properties and focus on more promising operations… Read More

Pengrowth conserves its cash

PENGROWTH ENERGY $1.64 (Toronto symbol PGF; Shares o/s: 539.7 million; Market cap: $892.2 million; TSINetwork Rating: Average; Dividend yield: 2.4%; www.pengrowth.com) now plans to spend $190 million to $210 million on its oil and gas properties in 2015, down from its earlier forecast of $220… Read More

PENGROWTH ENERGY CORP. $1.71 – Toronto symbol PGF

PENGROWTH ENERGY CORP. $1.71 (Toronto symbol PGF; Aggressive Growth and Income Portfolios, Resources sector; Shares outstanding: 540.7 million; Market cap: $924.6 million; Price-to-sales ratio: 0.9; Dividend yield: 14.0%; TSINetwork Rating: Average; www.pengrowth.com) plans to spend $190 million to $210 million on its oil and gas… Read More

Hedges, spending cuts help protect dividend

PENGROWTH ENERGY CORP. $1.71 (Toronto symbol PGF; Aggressive Growth and Income Portfolios, Resources sector; Shares outstanding: 540.7 million; Market cap: $924.6 million; Price-to-sales ratio: 0.9; Dividend yield: 14.0%; TSINetwork Rating: Average; www.pengrowth.com) plans to spend $190 million to $210 million on its oil and gas… Read More