Pengrowth Energy Trust operates an oil and gas royalty trust. The company, through its subsidiary, Pengrowth Corporation, engages in the acquisition, ownership, and operation of working interests and royalty interests in oil and natural gas properties in Canada. As of December 31, 2006, its estimated proved plus probable reserves were 297,774 thousands of barrels of oil equivalent, including 112,388 thousands of barrels of crude oil, 18,336 thousands of barrels of heavy oil, 827 billions of cubic feet of natural gas, and 29,142 thousands of barrels of natural gas liquids. The company was founded in 1987 and is headquartered in Calgary, Canada.
http://www.pengrowth.com/
VALUATION MEASURES
Market Cap (intraday)5: 4.66B
Enterprise Value (26-Feb-08)3: 5.85B
Trailing P/E (ttm, intraday): 12.58
Forward P/E (fye 31-Dec-08) 1: N/A
PEG Ratio (5 yr expected): N/A
Price/Sales (ttm): 3.44
Price/Book (mrq): 1.61
Enterprise Value/Revenue (ttm)3: 4.37
Enterprise Value/EBITDA (ttm)3: 7.004
Div & Yield: 2.73 (14.90%)
http://finance.yahoo.com/q?s=pgh
CIBC World Markets Upgrades PENGROWTH ENERGY TRUST to SECTOR PERF/MKTWT: Current Recommendation is Sector Perf
3/6/2008 12:34:00 PM ET Related symbols: PGH TOC
Macro World Investor
Report Headline: 'PGF.CA: Q4/07 Results In Line; Upgrade To Sector Performer On Valuation' Current Recommendation: SECTOR PERF/MKTWT Previous Recommendation: UNDERPERFORM/MKTWT Research Firm: CIBC World Markets Analyst: ROBERT PARE Industry: ENERGY/OIL
Copyright 2008, Nelson Information, a Thomson Financial company ********************************************************************** As of Sunday, 03-02-2008 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated an UPTREND on 02-15-2008 for PGH @ $18.10. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc.
http://www.stockhouse.ca/mediascan/news.asp?newsid=10333854
GURU GARTMAN GIVES OUTLOOK on CNBC's "FAST MONEY" 3/7/08
The headline: Chart Guru Dennis Gartman Tells Us What's Next For Stocks, Commodities.
Strategic investor Dennis Gartman is an esteemed commodities trader and the author of The Gartman Letter. Following is a synopsis of his main points.
I have held to the thesis that we are in recession, and that we entered this recession some time in the 4th quarter of last year, says Gartman. Friday’s non-farm numbers simply confirm that for me. I think the Fed has no choice but to continue to ease monetary policy, taking the yield curve to a very, very positive slope.
Given the Fed’s appears to be more concerned with economic well being and less concerned with inflation, the longer term trend for the dollar should be downward, but for gold and the commodity markets, it remains upward.
What’s the trade?
Be long nat gas, Gartman counsels.
I think Pengrowth Energy Trust [PGH 18.85 -0.05 (-0.26%) ] and San Juan Basin Royalty Trust SJT [SJT 39.19 0.79 (+2.06%) ], are buys. And hold off on the agriculture names for now, he adds, because they look a bit overdone.
http://www.cnbc.com/id/23522099
Other Tools
After hours action:
http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?mode=&page=afterhours&symbol=PGH&symbol=PBT&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&selected=PGH&FormType=&kind=&Leap=&mkttype=after&sel=afterhours&userinput
Put/Call Open Interest Ratio:
http://www.schaeffersresearch.com/streetools/indicators/equity_oipcratio.aspx
Energy Futures:
http://www.bloomberg.com/markets/commodities/energyprices.html