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Pengrowth Energy Trust (PGH) [hlAlert]

down 80.79 %

Pengrowth Energy Trust (PGH) rated Buy by Desjardins

Posted on: Tuesday,  Jan 21, 2014  9:25 AM ET by Desjardins

Desjardins rated Buy Pengrowth Energy Trust (NYSE: PGH) on 01/21/2014, when the stock price was $6.56. Since
then, Pengrowth Energy Trust has lost 80.79% as of 01/22/2016's recent price of $1.26.
If you would have followed this Desjardins's recommendation on PGH, you would have lost 80.79% of your investment in 731 days.

Pengrowth Energy Trust (the Trust) is a Canada-based open-end investment trust. The purpose of the Trust is to directly and indirectly explore for, develop and hold interests in petroleum and natural gas properties, through investments in securities, royalty units, net profits interests and notes issued by subsidiaries of the Trust. The activities of Pengrowth Corporation (the Corporation) and its subsidiaries are financed by issuance of royalty units and interest bearing notes to the Trust and third party debt. The Trust owns all of the royalty units and 91% of the common shares of the Corporation. Pengrowth Management Limited is the Trust?s investment manager.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2014 9:25 AM Buy
as of 10/17/2014
1 Week down  -1.65 %
1 Month down  -27.19 %
3 Months down  -37.40 %
1 YTD down  -36.73 %

(*) Stock Price at the time of the recommendation.
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