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Pengrowth Energy Corporation was a Canadian oil and natural gas company based in Calgary, Alberta. Established in 1988 by Calgary entrepreneur James S Kinnear , it was one of the largest of the Canadian royalty trusts ("Canroys"), with a market capitalization of US$4.12 billion at the end of 2007.
Kinnear is recognized as a pioneer in the Canadian energy trust sector, and under his leadership Pengrowth Energy Trust grew into a $5 billion enterprise value. [6] [7] Pengrowth Energy Trust acquired numerous oil and gas producing properties between 1989 and 2009 under the direction of James Kinnear and his company, Pengrowth Management Limited.
Harvest Energy Trust Canada: 70% oil, 30% natural gas, and also owns a refinery) Permian Basin Royalty Trust (US: Texas, oil and gas) Penn West Energy Trust (Canada: oil and gas) Pengrowth Energy Trust (Canada: oil and gas, including oil sands) Precision Drilling Trust (Canada: drilling contractor to the oil and gas industry)
Oil and gas producer Pengrowth Energy announced today its September dividend of $0.04 Canadian per share, the same rate it's paid for the past year after slashing the payout 43% from $0.07 per share.
Earnings season is now starting to wind down, with most companies already having reported their quarterly results. But there are still some companies left to report, and Pengrowth Energy is about ...
Pengrowth Energy will release its quarterly report on Thursday, and with shares having climbed recently, investors seem to be expecting good things from the company. Yet Pengrowth earnings ...
Pengrowth Energy - For years between 2009 and 2012 revenue ranged from $1.1 to $1.2 billion, 16% more than what it was in 2006. Production grew 26.58% between 2006 and 2009 reaching 79,518 bbl (12,642.4 m 3 ) equivalent/d (about half from natural gas) though production was highest in 2007 (87,401 bbl (13,895.6 m 3 ) equivalent/d) [ 59 ] [ 60 ]
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