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Best Of The Hold-Rated Dividend Stocks: Top 5 Companies: APTS, BGCP, MSB, HRZN, PGH

Pengrowth Energy

Dividend Yield: 7.90%

Pengrowth Energy (NYSE: PGH) shares currently have a dividend yield of 7.90%.

Pengrowth Energy Corporation engages in the acquisition, exploration, development, and production of oil and natural gas reserves in Canada.

The average volume for Pengrowth Energy has been 1,566,100 shares per day over the past 30 days. Pengrowth Energy has a market cap of $3.0 billion and is part of the energy industry. Shares are up 18.3% year to date as of the close of trading on Friday.

TheStreet Ratings rates Pengrowth Energy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

Highlights from the ratings report include:

  • PGH's revenue growth has slightly outpaced the industry average of 6.5%. Since the same quarter one year prior, revenues slightly increased by 2.2%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • The current debt-to-equity ratio, 0.41, is low and is below the industry average, implying that there has been successful management of debt levels.
  • The gross profit margin for PENGROWTH ENERGY CORP is rather high; currently it is at 62.40%. It has increased significantly from the same period last year. Regardless of the strong results of the gross profit margin, the net profit margin of -14.66% is in-line with the industry average.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income has significantly decreased by 245.4% when compared to the same quarter one year ago, falling from $36.77 million to -$53.45 million.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, PENGROWTH ENERGY CORP's return on equity significantly trails that of both the industry average and the S&P 500.

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