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Pengrowth Energy Trust (PGH) [hlAlert]

Rating:
Sector Perform
PGH

Pengrowth Energy Trust (PGH) rated Sector Perform by Scotia Howard Weil

Posted on: Friday,  Jan 22, 2016  9:25 AM ET by Scotia Howard Weil

Pengrowth Energy Trust (NYSE:
PGH) rated Sector Perform by Scotia Howard Weil.

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.

Scotia Howard Weil
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/22/2016 9:25 AM Hold
None
0.58
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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