Pengrowth Energy Trust (B)

PGF.B-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about PGF.B-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
April 11, 2007
(A Top Pick April 21/06. Sold at a loss of about $4.) Converted to Pengrowth (PGF.UN-T) and he would not buy this on.
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(A Top Pick April 21/06. Sold at a loss of about $4.) Converted to Pengrowth (PGF.UN-T) and he would not buy this on.
HOLD
HOLD
December 1, 2006
With the whole trust area collapse, we are getting back to fundamentals. Outlook for this company is quite strong. There is a good seasonal play in a lot of the oil/gas trusts. Fairly cheap.
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With the whole trust area collapse, we are getting back to fundamentals. Outlook for this company is quite strong. There is a good seasonal play in a lot of the oil/gas trusts. Fairly cheap.
BUY
BUY
November 1, 2006
This company has had a long, long history of managing and income trust, so you have to like management. His fair market value is about double what the stock is trading at.
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This company has had a long, long history of managing and income trust, so you have to like management. His fair market value is about double what the stock is trading at.
HOLD
HOLD
September 8, 2006
Starting to look at it a little bit closer now. Seems to be turning around. Debt and payout ratio is a little bit higher than he likes. As this gets corrected, it may be one that he would add.
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Starting to look at it a little bit closer now. Seems to be turning around. Debt and payout ratio is a little bit higher than he likes. As this gets corrected, it may be one that he would add.
BUY WEAKNESS
BUY WEAKNESS
August 23, 2006
Recently sold his position. Payout ratio has come down to about 70% and hired a new management team that have strong technical skills. Recently acquired Esprit, which was good, but paid a full price for it. Will buy on weakness.
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Recently sold his position. Payout ratio has come down to about 70% and hired a new management team that have strong technical skills. Recently acquired Esprit, which was good, but paid a full price for it. Will buy on weakness.
WEAK BUY
WEAK BUY
August 3, 2006
This is a company that knows how to deal with replacing reserves. Very good management. This is one of a few income trusts that he would consider holding through the next period.
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This is a company that knows how to deal with replacing reserves. Very good management. This is one of a few income trusts that he would consider holding through the next period.
BUY
BUY
August 2, 2006
In terms of some of the oil/gas trusts, it is timely to be looking at them right now. Check the yield and cash flows that are being generated.
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In terms of some of the oil/gas trusts, it is timely to be looking at them right now. Check the yield and cash flows that are being generated.
PAST TOP PICK
PAST TOP PICK
July 18, 2006
(A Top Pick Mar 23/06. Up 17%.) Looking to consolidate the A and B shares to make it one class.
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(A Top Pick Mar 23/06. Up 17%.) Looking to consolidate the A and B shares to make it one class.
COMMENT
COMMENT
June 23, 2006
As other trusts were running down their payout ratios, this one continued to pay on a relatively high level and relied on acquisitions to replace production. That model doesn't work any more. They are now changing. From a fundamental basis, they are improving.
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As other trusts were running down their payout ratios, this one continued to pay on a relatively high level and relied on acquisitions to replace production. That model doesn't work any more. They are now changing. From a fundamental basis, they are improving.
DON'T BUY
DON'T BUY
June 21, 2006
The class structure is being dissolved. They have done a pretty good job over the last year of cleaning up some of their problems. Owns some in an index fund, only because he has to. Prefers others. Reserve life of about 11 years. Payout ratio is a little high.
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The class structure is being dissolved. They have done a pretty good job over the last year of cleaning up some of their problems. Owns some in an index fund, only because he has to. Prefers others. Reserve life of about 11 years. Payout ratio is a little high.
HOLD
HOLD
May 26, 2006
Combining their A and B shares together. At these levels, this is a pretty good hold.
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Combining their A and B shares together. At these levels, this is a pretty good hold.
TOP PICK
TOP PICK
April 21, 2006
About 55% natural gas. Very good yield at 13%. Represents reasonably good value. Has good properties to develop. Very good balance sheet.
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About 55% natural gas. Very good yield at 13%. Represents reasonably good value. Has good properties to develop. Very good balance sheet.
TOP PICK
TOP PICK
March 23, 2006
Relatively safe with a good balance between oil (55%0 and natural gas (45%). 13% yield. Good reserve life and they continue to replace them. Payout is in the 80/5% range.
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Relatively safe with a good balance between oil (55%0 and natural gas (45%). 13% yield. Good reserve life and they continue to replace them. Payout is in the 80/5% range.
WAIT
WAIT
March 5, 2006
Pengrowth has a really good asset base. They have had a lot of turnover in senior management especially on the technical side. Before entering this trust he would like to see a credible technical team on board. He really likes the assets.
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Pengrowth has a really good asset base. They have had a lot of turnover in senior management especially on the technical side. Before entering this trust he would like to see a credible technical team on board. He really likes the assets.
DON'T BUY
DON'T BUY
January 27, 2006
Sold 2% of their production on an odd lot arrangement. Allows the company to capitalise on the possible upside of others drilling on their land without committing capital. Outlook for natural gas is weaker now and they are at the upper end of operating costs.
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Sold 2% of their production on an odd lot arrangement. Allows the company to capitalise on the possible upside of others drilling on their land without committing capital. Outlook for natural gas is weaker now and they are at the upper end of operating costs.
DON'T BUY
DON'T BUY
January 6, 2006
They haven't moved to the more sustainable model of an income trust in the energy sector. There has been a dramatic shift of payout ratios trending very strongly downwards.
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They haven't moved to the more sustainable model of an income trust in the energy sector. There has been a dramatic shift of payout ratios trending very strongly downwards.
HOLD
HOLD
December 7, 2005
A well run company. A fairly safe place to be.
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A well run company. A fairly safe place to be.
DON'T BUY
DON'T BUY
December 2, 2005
One of the original income trusts in Canada. In the last few years, it has not been doing as well, as some of its peer group. It still looks at itself is very much in the financial engineering mode where there has been a broad shift to growth through the drill bit. Had some stumbles.
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One of the original income trusts in Canada. In the last few years, it has not been doing as well, as some of its peer group. It still looks at itself is very much in the financial engineering mode where there has been a broad shift to growth through the drill bit. Had some stumbles.
BUY
BUY
November 30, 2005
Has fairly high cost production because its 2 largest properties have higher production costs. Represents reasonably good value.
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Has fairly high cost production because its 2 largest properties have higher production costs. Represents reasonably good value.
DON'T BUY
DON'T BUY
October 18, 2005
Has not been as sustainable in their production as others. Has not heard the rumours that the A & B stocks will be merged.
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Has not been as sustainable in their production as others. Has not heard the rumours that the A & B stocks will be merged.
WEAK BUY
WEAK BUY
September 2, 2005
Hasn't been a favourite of the street. Being undervalued by the market place. Good longer term assets out there. Not his favourite.
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Hasn't been a favourite of the street. Being undervalued by the market place. Good longer term assets out there. Not his favourite.
VAGUE
VAGUE
August 26, 2005
Been around a long time. There are better oil and gas trusts out there.
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Been around a long time. There are better oil and gas trusts out there.
DON'T BUY
DON'T BUY
May 20, 2005
This one is a difficult situation for investors. A long term royalty trust, but hasn't kept up with its peers. A lttle bit late in moving to the newer model of holding back more of your cash and pay out less. Have had rising operating costs. Had some management changes. Better choices available.
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This one is a difficult situation for investors. A long term royalty trust, but hasn't kept up with its peers. A lttle bit late in moving to the newer model of holding back more of your cash and pay out less. Have had rising operating costs. Had some management changes. Better choices available.
WEAK BUY
WEAK BUY
April 29, 2005
One of the older trusts. Pays an exceptionally high return at about 15.5%. Had some positive management changes recently. Not on their radar screen.
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One of the older trusts. Pays an exceptionally high return at about 15.5%. Had some positive management changes recently. Not on their radar screen.
HOLD
HOLD
April 21, 2005
Not one of his favourites. A little expensive.
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Not one of his favourites. A little expensive.
SELL
SELL
April 8, 2005
Royalty trusts have come down in valuation versus corporations, so they're looking somewhat better on a relative value. Tjis one is not a favourite. Has a higher payout ratio than a lot of the others so it has a somewhat higher cost base. Prefers trusts with a lower payout ratio so they can grow organically.
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Royalty trusts have come down in valuation versus corporations, so they're looking somewhat better on a relative value. Tjis one is not a favourite. Has a higher payout ratio than a lot of the others so it has a somewhat higher cost base. Prefers trusts with a lower payout ratio so they can grow organically.
DON'T BUY
DON'T BUY
February 18, 2005
One of the traditional royalty trusts and management looks at it as primarily and engineering vehicle that will replace reserves through acquisitions. Feels that the newer model is moving away from that by having smaller payout ratios and grow more through drilling. Have lightened up on this trust significantly.
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One of the traditional royalty trusts and management looks at it as primarily and engineering vehicle that will replace reserves through acquisitions. Feels that the newer model is moving away from that by having smaller payout ratios and grow more through drilling. Have lightened up on this trust significantly.
DON'T BUY
DON'T BUY
January 14, 2005
Not what he would refer to as a sustaining model. Take its cash flow, pay out distributions and figure out your money for capital expansion, it is paying out 120/130% of its cash flow.
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Not what he would refer to as a sustaining model. Take its cash flow, pay out distributions and figure out your money for capital expansion, it is paying out 120/130% of its cash flow.
DON'T BUY
DON'T BUY
December 30, 2004
A $6/7 spread between the "A" shares and the "B" shares because of government ruling on US ownership. Management hasn't done a great job in running these trusts. If you buy, buy the "B" which is cheaper as they may discontinue the US one.
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A $6/7 spread between the "A" shares and the "B" shares because of government ruling on US ownership. Management hasn't done a great job in running these trusts. If you buy, buy the "B" which is cheaper as they may discontinue the US one.
HOLD
HOLD
December 15, 2004
Prefers others, but this trust, through good times and bad, has managed to do a good job at acquiring assets and keeping the distribution going.
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Prefers others, but this trust, through good times and bad, has managed to do a good job at acquiring assets and keeping the distribution going.
Showing 1 to 30 of 32 entries

Pengrowth Energy Trust (B)(PGF.B-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Pengrowth Energy Trust (B) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Pengrowth Energy Trust (B)(PGF.B-T) Frequently Asked Questions

What is Pengrowth Energy Trust (B) stock symbol?

Pengrowth Energy Trust (B) is a OTC stock, trading under the symbol PGF.B-T on the (). It is usually referred to as or PGF.B-T

Is Pengrowth Energy Trust (B) a buy or a sell?

In the last year, there was no coverage of Pengrowth Energy Trust (B) published on Stockchase.

Is Pengrowth Energy Trust (B) a good investment or a top pick?

Pengrowth Energy Trust (B) was recommended as a Top Pick by Michael Sprung on 2007-04-11. Read the latest stock experts ratings for Pengrowth Energy Trust (B).

Why is Pengrowth Energy Trust (B) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Pengrowth Energy Trust (B) worth watching?

In the last year 0 stock analyst on Stockchase covered Pengrowth Energy Trust (B). The stock is worth watching.

What is Pengrowth Energy Trust (B) stock price?

On , Pengrowth Energy Trust (B) (PGF.B-T) stock closed at a price of $.