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
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 16 to 30 of 32 entries