$9.53 -0.03 (-0.29%)
12/4/2009 11:17 AM

Pengrowth Energy Trust (USA) (PGH)

CAPS Rating: 5 out of 5

The Company, through its subsidiary, Pengrowth Corporation, engages in the acquisition, ownership, and operation of working interests and royalty interests in oil and natural gas properties in Canada.

Recs

0
Member Avatar Kowboy01 (50.52) Submitted: 1/9/2009 10:33:36 AM : Outperform Start Price: $7.26 PGH Score: +4.15

The price is going to follow oil prices, of course, but that simply allows you to acquire an attractive yield at a low price. I will quickly end this pick when interest rates eventually take off (but that's probably a year or more down the road).

Report this Post 0 Comments

Featured Broker Partners