Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Pengrowth Energy Corporation (PGH) Share Price
Media stories about Pengrowth Energy Corporation (NYSE:PGH) (TSE:PGF) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pengrowth Energy Corporation earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the oil and gas company an impact score of 47.3592028988783 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Pengrowth Reaches Agreement for Sale of Its Quirk Creek Sour Gas Assets – EnerCom Inc. (press release) (blog) (oilandgas360.com)
- ETFs with exposure to Pengrowth Energy Corp. : November 2, 2017 (finance.yahoo.com)
- Pengrowth Announces Closing of $150 Million Swan Hills Asset Sale (finance.yahoo.com)
- These four are the must watch stock’s for the fearless investors: YY Inc., (NASDAQ: YY), Vulcan Materials Company … – Stocks In The News (press release) (tradingnewsnow.com)
A number of equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Pengrowth Energy Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. AltaCorp Capital lowered shares of Pengrowth Energy Corporation from a “sector perform” rating to an “underperform” rating in a report on Friday, October 6th. Canaccord Genuity lowered shares of Pengrowth Energy Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. ValuEngine lowered shares of Pengrowth Energy Corporation from a “sell” rating to a “strong sell” rating in a report on Monday, October 2nd. Finally, TD Securities lowered shares of Pengrowth Energy Corporation from a “hold” rating to a “reduce” rating in a report on Monday, October 2nd. Seven equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The stock presently has a consensus rating of “Sell” and a consensus target price of $1.99.
Shares of Pengrowth Energy Corporation (NYSE PGH) traded up $0.01 during mid-day trading on Friday, reaching $1.13. 435,395 shares of the company’s stock traded hands, compared to its average volume of 595,017. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.89. Pengrowth Energy Corporation has a 52 week low of $0.54 and a 52 week high of $1.76.
Pengrowth Energy Corporation Company Profile
Pengrowth Energy Corporation is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia. The Lindbergh thermal property is located approximately 420 kilometers north east of Calgary, Alberta and 50 kilometers south of Bonnyville, Alberta.
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