PGHEF News and Press, Pengrowth Energy Corporation From 06/23/19

Oil prices have seen plenty of ups and downs recently. As Rockefeller used to say about oil more than 100 years ago, it is the most difficult commodity for price prediction. Basically, five main forces influence the oil price: Saudi Arabia and OPEC Russia Shale oil Middle East rela...

Canada's federal government says it will move ahead with the Trans Mountain pipeline expansion, offering some relief to the country's oil and gas sector constrained by a years-long pipeline bottleneck. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Lim...

Canadian oil production will grow by an average 1.4%/year until 2035 , according to a new forecast from the Canadian Association of Petroleum Producers, cutting its guidance from five years ago by half due to the lack of new pipelines and inefficient regulation. More news on: Suncor Energ...

Alberta's provincial government says companies will be limited to producing 3.71M bbl/day of crude oil in July, keeping curtailments unchanged from June, and has not determined levels after July. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Limited, ...

Major shareholder Seymour Schulich increased his holdings in Pengrowth Energy ( OTCQX:PGHEF ) shares to 165 million or nearly 30% of the outstanding shares. He is convinced of the asset value behind these shares and thinks that the company can overcome its debt issues. The Canadian billionai...

CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“ Pengrowth ” or the " Company ") (TSX:PGF, OTCQX:PGHEF), today reported its results for the three months ended March 31, 2019. Unless otherwise indicated, financial figures are expressed in Canad...

Alberta's government production cuts have failed to reduce a glut of oil in the province, according to Genscape data, which says Western Canadian crude storage inventories hit a record high of 37.1M barrels in April. More news on: TC Energy Corporation, Suncor Energy Inc., Imperial Oil L...

The management of Ring Energy ( REI ) continues to build an attractive company despite market perceptions otherwise. One key trait that well-managed companies share is the ability by management to work with the current situation rather than wait for a more favorable industry environment. Man...

CALGARY, Alberta, May 01, 2019 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“ Pengrowth ” or the “ Company ”) (TSX:PGF, OTCQX:PGHEF), today announced that before markets open on Wednesday, May 8, 2019, it will release its results for the three months ended M...

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...