PGHEF News and Press, Pengrowth Energy Corporation From 04/17/19

MEG Energy ( OTCPK:MEGEF ) reported funds flow from operating activities of C$180 million for the fiscal year of 2018. That is as close to running on fumes as most would care to be when the long term debt balance is C$3,740 million. As always, management has a plan to fill the tank with bett...

Husky Energy ( OTCPK:HUSKF ) usually flies "under the radar," leaving the limelight to its more famous competitors like Suncor ( SU ). However, this fully integrated company is very profitable and every bit as well run as its more readily identifiable competitors. The relatively low debt ratio...

Very few events are more disliked by shareholders than a visit to the company by the chance brothers. Nonetheless a visit and possible long term stay became reality when Pengrowth Energy ( OTCQX:PGHEF ) management announced " strategic alternatives ". This news may be the beginning of the end ...

CALGARY, Alberta, March 25, 2019 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“ Pengrowth ” or the “ Company ”) (TSX:PGF, OTCQX:PGHEF), today announced that it has reached arrangements for the extension of the maturity date under its secured revolving credit...

Athabasca Oil ( ATHOF ) reported a disastrous Q4. With the depressed Canadian oil prices and because of the diluent costs, the company almost realized negative net sales. Also, management recognized an important impairment of thermal oil assets. Since the beginning of the year, the Canadian ...

Alberta's provincial government eases restrictions on oil production , saying it will increase crude production limits by 25K bbl/day in May and another 25K bbl/day in June, allowing output totaling 3.71M bbl/day. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Re...

North American energy traders are reluctant to take up long-term positions on Canadian crude price moves , preferring to stick to spot deals, as the unexpected one-year delay to Enbridge's ( ENB +1.9% ) Line 3 pipeline project adds to uncertainty around government intervention in the ma...

With the Q4 results , Pengrowth ( OTCQX: OTCQX:PGHEF ) announced a strategic review because of its refinancing challenges . The company is facing the consequences of dealing with high debt and some short-term maturities in the context of a depressed Canadian oil environment. ...

Pengrowth Energy ( OTCQX:PGHEF -6.6% ) says it is considering a sale , merger or other business combination as part of a strategic review , as the Canadian oil driller looks for ways to strengthen its balance sheet and address upcoming debt maturities. More news on: PENGROWTH ENERGY CO...

PENGROWTH ENERGY CORP (PGHEF) Q4 2018 Earnings Conference Call March 7, 2019 11:00 AM Company Participants Tom McMillan - Investor Relations Pete Sametz - President and Chief Executive Officer Chris Webster - Chief Financial Officer Randy Steele - Chief Operating Officer Con...