Equity Research, Broker Reports, and media content on PENGROWTH ENERGY CORP

  • Access the latest forecasts, broker valuations, multiples, and video content from the city about PENGROWTH ENERGY CORP
  • See live updates from analysts, company announcements, and other news in a personalised/single dashboard

Research, Charts & Company Announcements

Research Tree provides access to ongoing research coverage, media content and regulatory news on PENGROWTH ENERGY CORP. We currently have 36 research reports from 1 professional analysts.

  • Frequency of research reports

     

  • Research reports on

    PENGROWTH ENERGY CORP

  • Providers covering

    PENGROWTH ENERGY CORP

Latest Content

View the latest research, videos, and podcasts for this company.

2Q16e Quarterly Preview

  • 26 Jul 16

Some Recovery on Segmented Cash Flow Generation Over Q1 Though Still Down 56% Y/Y. In aggregate, the Intermediate, Mid, and Small Cap groups are expected to generate 2Q16e cash flow of $1,281 mm, $183 mm, and $53 mm, or $1.517 billion in total, that while depressed relative to the same period last year (~$2.647 billion combined), is up 17% sequentially from the prior quarter, largely on the strength of crude oil price recovery in the period. Severely weak natural gas pricing picture markedly reversed into summer, market likely to ignore financials for natural gas producers and look ahead to winter and formalization of sell-side 2018e estimates in coming months. Spot AECO natural gas prices recently crested C$2.60/mcf, and with a reasonable alignment of previously distressed NE BC Stn2 differentials, augmented by a withdrawal expected next week, view the market psyche as constructive and looking ahead, with the analogy that this market is shaping up to mirror 2012 still holding. That said, with crude oil poised to retest support levels, combined with strong stock price performance broadly observed YTD, we would characterize sentiment as slightly pessimistic in the near-term which could reduce or unwind momentum-based investment strategies that have worked thus far in 2016.