Why Pengrowth Is Ready to Rebound

Brian D. Pacampara, The Motley Fool
Updated

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, oil and natural gas producer Pengrowth Energy has earned a respected four-star ranking.

With that in mind, let's take a closer look at Pengrowth and see what CAPS investors are saying about the stock right now.

Pengrowth facts

Headquarters (Founded)

Calgary, Canada (1988)

Market Cap

$2.5 billion

Industry

Oil and gas exploration and production

Trailing-12-Month Revenue

$1.2 billion

Management

CEO Derek Evans
CFO Christopher Webster

Return on Equity (Average, Past 3 Years)

3.5%

Dividend Yield

9.7%

Competitors

Canadian Natural Resources
EnCana
Provident Energy


Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 95% of the 1,021 members who have rated Pengrowth believe the stock will outperform the S&P 500 going forward.

Just last week, one of those Fools, TheAmerican7676, tapped Pengrowth as a particularly attractive income opportunity:

Oversold overlooked paying monthly dividend. [S]eeing a 20-30 percent return on this company within the year is no far cry. This is a gift. Traders and institutions move markets and this company appears to be holding over [$5 per share] with oil which had a rally.

If you want market-thumping returns, you need to put together the best portfolio you can. Of course, despite a strong four-star rating, Pengrowth may not be your top choice.

If that's the case, we've compiled a special free report for investors called "Secure Your Future With 9 Rock-Solid Dividend Stocks," which uncovers several other juicy income opportunities. The report is 100% free, but it won't be around forever, so click here to access it now.


Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.

The article Why Pengrowth Is Ready to Rebound originally appeared on Fool.com.

Brian Pacampara and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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