Pengrowth Energy Corporation (PGF:CA) Declines 5.8% for September 18

Equities Staff  |

It was a tough day for Pengrowth Energy Corporation (PGF:CA) as its stock fell 5.8% to finish the day at $0.33 a share on September 18. That reduces the company’s market cap to 182.01 million on 560.11 million outstanding shares. Pengrowth Energy Corporation is a component of the the S&P/TSX SmallCap Index.

230,700 shares exchanged hands over the course of the day as compared with an average daily volume of 355,138 over the last 30 days.

Pengrowth Energy Corp is an intermediate Canadian oil and natural gas producer. The company has exposure to the Cardium coil play, cHills light oil play, and Montney natural gas projects in Canada. Pengrowth's production consists of natural gas, oil, and natural gas liquids, with natural gas constituting a predominant majority of production. Royalties are needed for Pengrowth to explore and develop any oilfields it may come across. Pengrowth actively controls where its production is shipped so that it can monitor and take advantage of favorable pricing opportunities in North American markets.. Pengrowth Energy Corporation makes its home in Calgary, AB, and currently has CEO Peter D. Sametz at the helm.

The past 52 weeks have seen the stock trade in a range between a high of $1.24 and a low of $0.25, and it’s currently sporting a 50-day SMA of $0.38 and a 200-day SMA of $0.56. The current P/E ratio stands at 0, with a P/B ratio of 1.25.

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Pengrowth Energy Corporation ($PGF:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.

To get more information on Pengrowth Energy Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: PGF:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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