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Pengrowth Energy

TSX:PGF
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PGF
TSX
CA$31M
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

Pengrowth Energy Corporation, a resource company, explores for, develops, and produces oil and natural gas assets in Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. The last earnings update was 63 days ago. More info.


Add to Portfolio Compare Print
  • Pengrowth Energy has significant price volatility in the past 3 months.
PGF Share Price and Events
7 Day Returns
0%
TSX:PGF
1.3%
CA Oil and Gas
-0.1%
CA Market
1 Year Returns
-92%
TSX:PGF
10.5%
CA Oil and Gas
13%
CA Market
PGF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pengrowth Energy (PGF) 0% 10% -76.1% -92% -97.1% -98.5%
CA Oil and Gas 1.3% 5% 12.5% 10.5% -17.1% -13.5%
CA Market -0.1% 1% 4.4% 13% 5.4% 18.1%
1 Year Return vs Industry and Market
  • PGF underperformed the Oil and Gas industry which returned 10.5% over the past year.
  • PGF underperformed the Market in Canada which returned 13% over the past year.
Price Volatility
PGF
Industry
5yr Volatility vs Market

PGF Value

 Is Pengrowth Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Pengrowth Energy. This is due to cash flow or dividend data being unavailable. The share price is CA$0.055.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Pengrowth Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pengrowth Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:PGF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CAD CA$-1.31
TSX:PGF Share Price ** TSX (2020-01-07) in CAD CA$0.06
Canada Oil and Gas Industry PE Ratio Median Figure of 67 Publicly-Listed Oil and Gas Companies 11.34x
Canada Market PE Ratio Median Figure of 510 Publicly-Listed Companies 15.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Pengrowth Energy.

TSX:PGF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:PGF Share Price ÷ EPS (both in CAD)

= 0.06 ÷ -1.31

-0.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pengrowth Energy is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Pengrowth Energy is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Pengrowth Energy's expected growth come at a high price?
Raw Data
TSX:PGF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Oil and Gas Industry PEG Ratio Median Figure of 37 Publicly-Listed Oil and Gas Companies -0.03x
Canada Market PEG Ratio Median Figure of 238 Publicly-Listed Companies 1.23x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Pengrowth Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pengrowth Energy's assets?
Raw Data
TSX:PGF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CAD CA$0.05
TSX:PGF Share Price * TSX (2020-01-07) in CAD CA$0.06
Canada Oil and Gas Industry PB Ratio Median Figure of 195 Publicly-Listed Oil and Gas Companies 0.72x
Canada Market PB Ratio Median Figure of 2,328 Publicly-Listed Companies 1.36x
TSX:PGF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:PGF Share Price ÷ Book Value per Share (both in CAD)

= 0.06 ÷ 0.05

1.14x

* Primary Listing of Pengrowth Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pengrowth Energy is overvalued based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess Pengrowth Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Pengrowth Energy has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PGF Future Performance

 How is Pengrowth Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Pengrowth Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-6.1%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pengrowth Energy expected to grow at an attractive rate?
  • Unable to compare Pengrowth Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Pengrowth Energy's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Pengrowth Energy's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:PGF Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -6.1%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 9.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:PGF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:PGF Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31
2020-12-31
2020-01-08
2019-12-31
TSX:PGF Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-09-30 479 42 -731
2019-06-30 507 54 -613
2019-03-31 509 36 -564
2018-12-31 508 32 -559
2018-09-30 523 51 -267
2018-06-30 502 41 -410
2018-03-31 545 64 -625
2017-12-31 628 142 -684
2017-09-30 660 246 -566
2017-06-30 677 378 -474
2017-03-31 624 443 -405
2016-12-31 526 494 -294

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Pengrowth Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Pengrowth Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:PGF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Pengrowth Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:PGF Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2020-01-08
2019-12-31
TSX:PGF Past Financials Data
Date (Data in CAD Millions) EPS *
2019-09-30 -1.31
2019-06-30 -1.10
2019-03-31 -1.01
2018-12-31 -1.01
2018-09-30 -0.48
2018-06-30 -0.74
2018-03-31 -1.13
2017-12-31 -1.24
2017-09-30 -1.03
2017-06-30 -0.86
2017-03-31 -0.74
2016-12-31 -0.54

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Pengrowth Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of PGF’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Pengrowth Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Pengrowth Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Pengrowth Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Pengrowth Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PGF Past Performance

  How has Pengrowth Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Pengrowth Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Pengrowth Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Pengrowth Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Pengrowth Energy's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Pengrowth Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Pengrowth Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:PGF Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 479.30 -731.00 27.10
2019-06-30 506.90 -612.70 29.20
2019-03-31 509.20 -563.70 32.30
2018-12-31 508.00 -559.30 34.70
2018-09-30 523.00 -266.70 40.10
2018-06-30 502.20 -409.80 42.90
2018-03-31 544.90 -624.70 51.70
2017-12-31 627.60 -683.80 61.50
2017-09-30 660.20 -565.80 71.80
2017-06-30 676.80 -474.00 77.00
2017-03-31 624.30 -405.00 80.50
2016-12-31 526.20 -293.70 83.60
2016-09-30 521.10 -669.90 80.10
2016-06-30 578.30 -946.60 88.00
2016-03-31 672.30 -907.60 92.90
2015-12-31 741.30 -1,093.10 99.70
2015-09-30 831.60 -1,130.50 105.40
2015-06-30 942.40 -748.70 105.40
2015-03-31 1,047.90 -623.10 103.00
2014-12-31 1,228.30 -578.80 100.30
2014-09-30 1,268.90 -163.90 100.70
2014-06-30 1,332.30 -323.40 99.50
2014-03-31 1,347.30 -368.00 101.90
2013-12-31 1,318.30 -316.90 102.80
2013-09-30 1,377.40 -226.80 105.00
2013-06-30 1,334.75 -143.29 106.25
2013-03-31 1,256.65 -53.12 104.62

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Pengrowth Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Pengrowth Energy has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Pengrowth Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Pengrowth Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Pengrowth Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PGF Health

 How is Pengrowth Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Pengrowth Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pengrowth Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Pengrowth Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Pengrowth Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Pengrowth Energy Company Filings, last reported 3 months ago.

TSX:PGF Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 27.00 705.20 4.40
2019-06-30 145.70 702.20 0.30
2019-03-31 220.90 721.50 0.10
2018-12-31 251.90 714.60 0.60
2018-09-30 753.20 672.20
2018-06-30 753.00 701.50
2018-03-31 779.70 661.40
2017-12-31 806.20 610.50 1.10
2017-09-30 1,018.00 956.00 339.20
2017-06-30 1,161.40 1,061.10
2017-03-31 1,401.50 1,152.20
2016-12-31 1,485.00 1,687.30 286.70
2016-09-30 1,573.50 1,653.30 139.50
2016-06-30 1,623.30 1,631.10 54.10
2016-03-31 1,793.80 1,683.50
2015-12-31 1,765.00 1,856.50
2015-09-30 2,236.80 2,069.10
2015-06-30 2,582.50 2,002.10
2015-03-31 2,737.20 2,035.70
2014-12-31 2,926.80 1,869.90
2014-09-30 3,481.50 1,719.00 42.00
2014-06-30 3,474.40 1,656.80 135.20
2014-03-31 3,527.80 1,703.70 315.20
2013-12-31 3,688.30 1,648.70 448.50
2013-09-30 3,825.40 1,603.10 583.00
2013-06-30 3,979.17 1,624.24 36.41
2013-03-31 4,078.49 1,628.94 94.70
  • Pengrowth Energy's level of debt (2611.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (49.5% vs 2611.9% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Pengrowth Energy has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Pengrowth Energy has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 110.8% per year.
X
Financial health checks
We assess Pengrowth Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Pengrowth Energy has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PGF Dividends

 What is Pengrowth Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Pengrowth Energy dividends.
If you bought CA$2,000 of Pengrowth Energy shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Pengrowth Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Pengrowth Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:PGF Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 4.5%
Canada Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1%
Canada Bottom 25% Dividend Yield 25th Percentile 1.9%
Canada Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:PGF Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-01-08
2019-12-31
TSX:PGF Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2017-11-09 0.000 0.000
2017-08-14 0.000 0.000
2017-05-03 0.000 0.000
2017-02-28 0.000 0.000
2016-11-02 0.000 0.000
2016-08-04 0.000 0.000
2016-01-21 0.000 0.000
2015-09-08 0.040 3.534
2015-08-13 0.240 15.035
2015-07-10 0.240 11.246
2015-06-08 0.240 7.764
2015-05-12 0.240 7.017
2015-04-09 0.240 5.952
2015-03-10 0.240 6.491
2015-02-12 0.240 5.933
2015-01-12 0.480 13.222
2014-12-11 0.480 13.680
2014-11-13 0.480 13.027
2014-10-09 0.480 10.652
2014-09-11 0.480 8.260
2014-08-13 0.480 7.190
2014-07-10 0.480 6.819
2014-06-12 0.480 6.385
2014-05-13 0.480 6.827
2014-04-10 0.480 6.813
2014-03-13 0.480 7.099
2014-02-13 0.480 6.655
2014-01-13 0.480 6.748
2013-12-12 0.480 7.264
2013-11-12 0.480 7.214
2013-10-10 0.480 7.275
2013-09-12 0.480 7.808
2013-08-12 0.480 8.150
2013-07-11 0.480 8.220
2013-06-13 0.480 9.382
2013-05-13 0.480 9.169
2013-04-11 0.480 9.614
2013-03-01 0.480 9.234
2013-02-13 0.480 10.938
2013-01-11 0.480 10.216
2012-12-13 0.480 9.719
2012-10-11 0.480 8.748
2012-09-13 0.480 7.171
2012-08-10 0.480 6.970
2012-07-06 0.480 7.601
2012-06-12 0.840 12.544
2012-05-11 0.840 11.099
2012-04-12 0.840 9.706
2012-03-12 0.840 8.814
2012-02-13 0.840 8.503
2012-01-12 0.840 8.209
2011-12-19 0.840 7.684
2011-11-18 0.840 8.005
2011-10-21 0.840 7.997
2011-09-20 0.840 8.696
2011-08-19 0.840 7.935
2011-07-19 0.840 7.285
2011-06-21 0.840 6.915
2011-05-18 0.840 6.770
2011-04-19 0.840 6.528
2011-03-22 0.840 6.267
2011-02-16 0.840 6.653
2011-01-18 0.840 6.667
2010-12-16 0.000 0.000
2010-11-19 0.000 0.000
2010-10-21 0.840 6.753
2010-09-21 0.840 7.390
2010-08-20 0.840 8.037
2010-07-21 0.840 8.375
2010-06-18 0.840 8.426
2010-05-19 0.840 8.508
2010-04-22 0.840 7.662
2010-03-19 0.840 7.239
2010-02-18 0.840 7.449
2010-01-22 0.840 7.645
2009-12-21 0.840 7.863
2009-11-20 0.840 8.357
2009-10-01 0.840 8.038
2009-09-21 1.200 11.290
2009-08-20 1.200 12.632
2009-07-22 1.200 13.207
2009-06-18 1.200 13.712
2009-05-20 1.200 12.800
2009-04-22 1.200 14.142
2009-03-19 1.200 15.937
2009-02-20 1.200 17.714
2009-01-22 2.040 20.251

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Pengrowth Energy has not reported any payouts.
  • Unable to verify if Pengrowth Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Pengrowth Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Pengrowth Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Pengrowth Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Pengrowth Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pengrowth Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PGF Management

 What is the CEO of Pengrowth Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Pete Sametz
COMPENSATION CA$2,402,174
AGE 61
TENURE AS CEO 1.8 years
CEO Bio

Mr. Peter D. Sametz, also known as Pete, P. Eng., has been the President, Chief Executive Officer and Director at Pengrowth Energy Corporation since March 15, 2018. Mr. Sametz is co-founder of Alberta Steam and Power Corp. and serves as Chief Executive Officer. Mr. Sametz served as the President and Chief Executive Officer of Gemini Corporation since March 12, 2016 until November 28, 2017. He served as an Interim Chief Executive Officer of Connacher Oil And Gas Ltd. from February 21, 2012 to December 31, 2012. He served as the President of Connacher Oil And Gas Ltd. since May 2010 and served as its Chief Operating Officer since December 2004. He served as President of Aegis Energy Ltd. He served as an Executive Vice President of Connacher Oil And Gas Ltd. since December 2004. Mr. Sametz served as Chief Operating Officer and Vice President of Operations for Connacher Oil And Gas Ltd. from February 17, 2004 to December 2004. He has an Extensive and Distinguished career in the oil industry, spanning approximately 25 years. Mr. Sametz has 35 years of experience in the Alberta energy industry. He served as a Non Independent Director of Gemini Corporation since October 2013 until November 28, 2017. He served as an Independent Director of Athabasca Oil Corporation (formerly, Athabasca Oil Sands Corp.) since March 14, 2014 until June 21, 2016. He served as Director of Connacher Oil and Gas Ltd. from May 12, 2009 to January 2012. He is a member of APEGGA, SPE, the Petroleum Society of CIM and CADE. Mr. Sametz graduated with high distinction as an Engineer from Carleton University in 1979 and has worked with large, intermediate and junior companies during his career.

CEO Compensation
  • Insufficient data for Pete to compare compensation growth.
  • Pete's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Pengrowth Energy management team in years:

2
Average Tenure
  • The tenure for the Pengrowth Energy management team is about average.
Management Team

Pete Sametz

TITLE
President
COMPENSATION
CA$2M
AGE
61
TENURE
1.8 yrs

Chris Webster

TITLE
Chief Financial Officer
COMPENSATION
CA$2M
TENURE
14.8 yrs

Randy Steele

TITLE
Chief Operating Officer
COMPENSATION
CA$1M
TENURE
2 yrs

Tom McMillan

TITLE
Manager of Investor Relations
Board of Directors Tenure

Average tenure and age of the Pengrowth Energy board of directors in years:

6.8
Average Tenure
62
Average Age
  • The tenure for the Pengrowth Energy board of directors is about average.
Board of Directors

Kel Johnston

TITLE
Independent Chairman of the Board
COMPENSATION
CA$291K
AGE
59
TENURE
3.6 yrs

Pete Sametz

TITLE
President
COMPENSATION
CA$2M
AGE
61
TENURE
1.8 yrs

Donald Michael Stewart

TITLE
Independent Director
COMPENSATION
CA$178K
AGE
67
TENURE
14 yrs

Chandra Henry

TITLE
Independent Director
COMPENSATION
CA$60K
TENURE
1.3 yrs

Wayne Foo

TITLE
Independent Director
COMPENSATION
CA$175K
AGE
62
TENURE
14 yrs

Jim MacFarland

TITLE
Independent Director
COMPENSATION
CA$181K
AGE
72
TENURE
10 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
18. Jul 19 Buy Seymour Schulich Individual 16. Jul 19 17. Jul 19 2,000,000 CA$0.53 CA$1,012,383
22. May 19 Buy Seymour Schulich Individual 21. May 19 21. May 19 3,000,000 CA$0.68 CA$2,025,002
21. May 19 Buy Seymour Schulich Individual 15. May 19 15. May 19 1,000,000 CA$0.58 CA$580,000
21. Mar 19 Sell Christopher Webster Individual 18. Mar 19 18. Mar 19 -73,835 CA$0.55 CA$-40,654
14. Mar 19 Buy Seymour Schulich Individual 08. Mar 19 08. Mar 19 4,000,000 CA$0.68 CA$2,704,000
X
Management checks
We assess Pengrowth Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Pengrowth Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PGF News

Simply Wall St News

Why Pengrowth Energy Corporation's (TSE:PGF) Investor Composition Impacts Your Returns

In this article, I'm going to take a look at Pengrowth Energy Corporation’s (TSE:PGF) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

Simply Wall St -

What Do Pengrowth Energy Corporation (TSE:PGF) Insiders Know That You Don't?

Pengrowth Energy's insiders have invested. … A well-known argument is that insiders investing more in their own companies’ shares sends an optimistic signal … A research published in The MIT Press (1998) concluded that stocks following insider buying outperformed the market by 4.5%.

Simply Wall St -

Are Insiders Too Confident In Pengrowth Energy Corporation (TSX:PGF)?

PGF saw some insider buying over the past three months, with insiders investing in more than 21 million shares during this period. … TSX:PGF Insider_trading Dec 5th 17 There were more Pengrowth Energy insiders that have bought shares than those that have sold. … Next Steps: PGF’s insider meaningful buying activity tells us the shares are currently in favour, coherent with the sizeable growth in expected earnings, in addition to the large share price movement around the same time.

Simply Wall St -

Is It The Right Time To Buy Pengrowth Energy Corporation (TSX:PGF)?

Given that PGF’s share is fairly volatile (i.e. … PGF’s earnings over the next few years are expected to increase by 81.31%, indicating a highly optimistic future ahead. … PGF’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value.

Simply Wall St -

PGF Company Info

Description

Pengrowth Energy Corporation, a resource company, explores for, develops, and produces oil and natural gas assets in Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. The company explores for crude oil, bitumen, natural gas, shale gas, and natural gas liquids. Its principal producing properties are the Lindbergh thermal property covering an area of 20,800 net acres located in Alberta; and Groundbirch property totaling an area of 12,536 net acres located to the south west of Fort St. John, British Columbia. As of December 31, 2018, the company had 269 net producing oil and natural gas wells; and 586 net non-producing wells, as well as total proved plus probable reserves of 446.6 millions of barrels of oil equivalent. Pengrowth Energy Corporation was founded in 1988 and is headquartered in Calgary, Canada.

Details
Name: Pengrowth Energy Corporation
PGF
Exchange: TSX
Founded: 1988
CA$30,806,262
560,113,864
Website: http://www.pengrowth.com
Address: Pengrowth Energy Corporation
222 Third Avenue SW,
Suite 1600,
Calgary,
Alberta, T2P 0B4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX PGF Common Shares The Toronto Stock Exchange CA CAD 15. Jul 2004
OTCPK PGHE.F Common Shares Pink Sheets LLC US USD 15. Jul 2004
DB P8K Common Shares Deutsche Boerse AG DE EUR 15. Jul 2004
Number of employees
Current staff
Staff numbers
104
Pengrowth Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/01/08 00:16
End of day share price update: 2020/01/07 00:00
Last estimates confirmation: 2020/01/07
Last earnings filing: 2019/11/06
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.