pengrowth
These three stocks have moved sharply lower in the past few years. In Bombardier’s case, the drop is mainly due to the heavy costs to develop its new CSeries plane; for Black- Berry, it quit making smartphones due to intense competition from Apple’s iPhone and Android-powered devices; and lower oil prices have hurt Pengrowth’s cash flow as it expands key projects and pays down debt....
LOBLAW COMPANIES $68.39 (Toronto symbol L; Shares outstanding: 396.1 million; Market cap: $26.8 billion; TSINetwork Rating: Above Average; Dividend yield: 1.6%; www.loblaw.ca) has now completed the sale of its 213 gas stations to Brookfield Business Partners LP (Toronto symbol BBU.UN)....
CANADIAN NATIONAL RAILWAY CO. $107 (Toronto symbol CNR; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 756.1 million; Market cap: $80.9 billion; Price-to-sales ratio: 6.6; Dividend yield: 1.8%; TSINetwork Rating: Above Average; www.cn.ca) operates Canada’s largest railway....
PENGROWTH ENERGY CORP. $1.18 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 547.7 million; Market cap: $646.3 million; Price-to-sales ratio: 1.1; Dividend suspended in January 2016; TSINetwork Rating: Speculative; www....
PENGROWTH ENERGY $1.37 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $750.4 million; TSINetwork Rating: Average; No dividends paid; www.pengrowth. com) has agreed to sell part of its Swan Hills properties in northern Alberta for $180 million....
PENGROWTH ENERGY CORP. $1.53 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 547.7 million; Market cap: $838.0 million; Price-to-sales ratio: 1.6; Dividend suspended in January 2016; TSI Network Rating: Speculative; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada....
BLACKBERRY LTD. $9.49 (Toronto symbol BB; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 530.4 million; Market cap: $5.0 billion; Price-to-sales ratio: 3.4; No dividends paid; TSINetwork Rating: Speculative; www.blackberry.com) provides secure wireless communication services and equipment.
The company recently quit developing new smartphones as part of a strategy to focus on its more-promising software operations.
Under that new plan, BlackBerry has opened a facility in Ottawa to develop new technologies for self-driving cars using its QNX software system....
The company recently quit developing new smartphones as part of a strategy to focus on its more-promising software operations.
Under that new plan, BlackBerry has opened a facility in Ottawa to develop new technologies for self-driving cars using its QNX software system....
PENGROWTH ENERGY $1.95 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $1.1 billion; TSINetwork Rating: Speculative; No dividends paid; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada. This includes its Lindbergh oil sands project in the Cold Lake area of Alberta.
In the three months ended September 30, 2016, the company’s average output was 55,137 barrels of oil equivalent per day (61% oil and 39% gas)....
In the three months ended September 30, 2016, the company’s average output was 55,137 barrels of oil equivalent per day (61% oil and 39% gas)....
PENGROWTH ENERGY CORP. $2.07 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 547.4 million; Market cap: $1.1 billion; Price-to-sales ratio: 2.2; Dividend suspended in January 2016; TSINetwork Rating: Speculative; www.pengrowth.com) produces oil and natural gas in Western Canada and off the coast of Nova Scotia.
The company continues to sell less-important assets as it focuses on its Lindbergh oil sands project in Alberta....
The company continues to sell less-important assets as it focuses on its Lindbergh oil sands project in Alberta....
PENGROWTH ENERGY CORP. $2.25 (Toronto symbol PGF; Aggressive Growth and Income Portfolios, Resources sector;Shares outstanding: 547.4 million; Market cap: $1.2 billion;Price-to-sales ratio: 2.2; Dividend suspended in January 2016; TSI Network Rating: Speculative; www.pengrowth.com) announced that its Lindbergh oil sands property in Alberta holds more oil than originally estimated.
According to an independent consulting firm, the property had proven reserves of 147.9 million barrels as of September 30, 2016.
That’s up 43.0% from the company’s previous estimate at the end of 2015....
According to an independent consulting firm, the property had proven reserves of 147.9 million barrels as of September 30, 2016.
That’s up 43.0% from the company’s previous estimate at the end of 2015....