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Pengrowth Energy Corporation Message Board

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  • spinergy888 spinergy888 Feb 8, 2013 3:25 PM Flag

    This stock has a Book Value of $8.48 per share -

    I bought some PGH today after reading their investor presentation. I like how they were completely committed to the dividend which will mitigate the risk of lower oil prices as I am mostly an income investor. I like PWE in the short run better because I think there is more room for significant capital efficiency improvement this year and their large light oil position. It appears as though PGH will be making significant capital expenditures for years before seeing the return. Market will probably want to see results before giving a significantly higher stock price.

    Sentiment: Buy

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5.800.00(0.00%)Sep 16 4:05 PMEDT

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