Pengrowth Energy (PGF.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Pengrowth Energy (PGF.TO)

0.06

-0.00 (0.00%)

as of Jan 9, 2020, 9:00:00 pm Market Open.

120 watching

BUY

(Market Call Minute.) Good suite of properties. New good management.

COMMENT

(Market Call Minute.) Getting a new president and COO. Wants to meet with him before they buy but it is positive news.

COMMENT

Traditionally they were high payout ratios and made many acquisitions. Now transitioning to become more operationally focused. Good management. Hoping to see some operating costs come down. Production has stabilized. Have very good assets and low decline rates compared to peers. Becoming a sustainable trust in that development capital they spend and distributions are 100% or less and they won't have to go to equity markets. 13.1% distribution should be safe.

COMMENT

Not his favourite name but a year from now you could be well rewarded. Distribution is pretty safe, not rock solid.

HOLD

Likes oil and natural gas. This company is about 50% each. On this trust and most others, he can see distributions being cut 15% to 20% and sometimes more because of taxation. Not his favourite but he does like it.

DON'T BUY

Looks cheap on trailing earnings and it is but looking at forward earnings it is very expensive. Doesn't mind the sector but would prefer something like Fort Chicago (FCE.UN-T).

SELL

(Market Call Minute.) Changed its management significantly over the last little while. He would want to see some direction and guidance.

DON'T BUY

Doesn’t think they can maintain the distribution. Thinks they will be part of a consolidation.

DON'T BUY

Numbers came in a little below expectations and their reserve level was lagging from what the market was expecting. Possibly another distribution cut is coming.

WAIT

Had a substantial distribution cut of about 40%, which is positive. Good asset base. Leverage is a bit higher than average but the distribution cut addresses this. Would wait to see more positive things before he stepped in.

COMMENT

Just cut distributions substantially, which was the correct thing to do. Has a brilliant asset base. Would be warming up to this name significantly if it continues down at these levels.

BUY

About 50% oil and 50% gas. Have been cutting back on distributions and the forecast for cash flow going forward has been cut. 20% yield.

HOLD

Reduced their distributions to a level, which is living mostly within their means. Very good asset base. Would be very comfortable with this on a 2 to 3 year time horizon.

SELL

(Market Call Minute.) More distribution cuts coming.

HOLD

Has just popped above the downtrend line. Below its 50-day moving average but momentum is starting to build up. Would like to see it get through around $10.75 before Buying.

Showing 226 to 240 of 284 entries

Most Recent Experts

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Bryn Talkington

Requisite Capital Management

Shannon Saccocia, CIO, Boston Private

Boston Private

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Pengrowth Energy (PGF.TO)