Pengrowth Energy Corp (TSE:PGF) (NYSE:PGH) insider Seymour Schulich acquired 2,000,000 shares of the stock in a transaction on Friday, February 9th. The shares were acquired at an average price of C$0.88 per share, with a total value of C$1,760,000.00.
Seymour Schulich also recently made the following trade(s):
- On Friday, January 26th, Seymour Schulich acquired 1,000,000 shares of Pengrowth Energy stock. The shares were acquired at an average price of C$1.03 per share, with a total value of C$1,030,000.00.
- On Tuesday, December 19th, Seymour Schulich acquired 3,000,000 shares of Pengrowth Energy stock. The shares were acquired at an average price of C$1.01 per share, with a total value of C$3,030,000.00.
Pengrowth Energy Corp (TSE:PGF) traded up C$0.06 during trading on Monday, hitting C$0.93. 255,042 shares of the stock traded hands, compared to its average volume of 610,695. The company has a market cap of $497.03, a price-to-earnings ratio of -0.87 and a beta of 1.93. Pengrowth Energy Corp has a 12-month low of C$0.68 and a 12-month high of C$1.78.
Several equities analysts have commented on the stock. Raymond James Financial increased their price objective on shares of Pengrowth Energy from C$0.50 to C$0.75 in a research report on Monday, February 5th. BMO Capital Markets set a C$1.20 price objective on shares of Pengrowth Energy and gave the company a “market perform” rating in a research report on Friday, January 19th. TD Securities increased their price objective on shares of Pengrowth Energy from C$0.70 to C$0.80 and gave the company a “reduce” rating in a research report on Friday, January 19th. National Bank Financial lowered their price objective on shares of Pengrowth Energy from C$1.30 to C$1.20 and set a “sector perform” rating for the company in a research report on Tuesday, January 9th. Finally, AltaCorp Capital upgraded shares of Pengrowth Energy from an “underperform” rating to a “sector perform” rating in a report on Wednesday, December 13th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of C$1.00.
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About Pengrowth Energy
Pengrowth Energy Corporation is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia. The Lindbergh thermal property is located approximately 420 kilometers north east of Calgary, Alberta and 50 kilometers south of Bonnyville, Alberta.
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