Pengrowth Energy Corporation (PGF:CA) Rises 23.08% for October 23

Equities Staff  |

October 23 was a positive day for Pengrowth Energy Corporation (PGF:CA) as its stock finished the day having gained 23.08% to hit a price of $0.24 a share. The company reached a market cap of 134.41 million and has 560.11 million shares outstanding. Pengrowth Energy Corporation is a component of the the S&P/TSX SmallCap Index.

466,258 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Pengrowth Energy Corporation.

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.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO Peter D. Sametz.

Pengrowth Energy Corporation has hit a high of $0.95 and reached a low of $0.18 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 0.92.

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The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

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’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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