Pengrowth Energy Corp (PGF) Insider Seymour Schulich Purchases 2,000,000 Shares

Pengrowth Energy Corp (TSE:PGF) (NYSE:PGH) insider Seymour Schulich bought 2,000,000 shares of the business’s stock in a transaction on Friday, February 9th. The stock was bought at an average cost 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 cost 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 cost of C$1.01 per share, with a total value of C$3,030,000.00.

Pengrowth Energy Corp (PGF) opened at C$0.95 on Thursday. Pengrowth Energy Corp has a one year low of C$0.68 and a one year high of C$1.78. The firm has a market cap of $524.64, a price-to-earnings ratio of -0.92 and a beta of 1.93.

A number of brokerages have recently issued reports on PGF. National Bank Financial boosted their price objective on shares of Pengrowth Energy from C$1.00 to C$1.30 and gave the company a “sector perform” rating in a research report on Friday, November 10th. Raymond James Financial boosted 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 reissued a “market perform” rating and set a C$1.25 price objective on shares of Pengrowth Energy in a research report on Tuesday, November 14th. Royal Bank of Canada downgraded shares of Pengrowth Energy from a “sector perform” rating to an “underperform” rating and boosted their price objective for the company from C$1.00 to C$1.15 in a research report on Friday, November 10th. Finally, TD Securities boosted 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. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of C$1.00.

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Pengrowth Energy Company Profile

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.

Insider Buying and Selling by Quarter for Pengrowth Energy (TSE:PGF)

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