Shares of Pengrowth Energy Corp (USA) (NYSE:PGH), ended its last trade with 3.67% gain, and closed at $1.13.
The stock, after recent close, is -3.31% below their SMA 50 and 16.43% from SMA20 and is -52.54% below than SMA200. 24.30% shares of the company were owned by institutional investors. The company has 0.53 value in price to sale ratio while price to book ratio was recorded as 0.31. It beta stands at 1.75.
Pengrowth Energy Corporation (PGH) declared that it has reached a contract for the sale of its non-core Bodo property in eastern Alberta for $95 million. The predictable net proceeds from the non-core asset sale will be directed towards reducing Pengrowth’s outstanding debt as part of the Company’s strategy of strengthening its balance sheet. With the sale of the Bodo asset and counting signed letters of intent (LOI’s) in addition to formerly closed dispositions, total predictable disposition proceeds in 2015 amount to about $260 million of the Company’s 2015 disposition target of $600 million.
The Bodo property produced an average of about 2,700 barrels of oil equivalent per day (boe/d) (87 percent liquids), year-to-date, ending August 31, 2015 and had proved plus probable (2P) reserves of 12.9 million barrels assigned to it at December 31, 2014, according to the independent reserve evaluators GLJ Petroleum Consultants Ltd.
Pengrowth Energy Corporation engages in the acquisition, development, exploration, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada.
At the end of Wednesday’s trade, Shares of Duke Energy Corp (NYSE:DUK), declined -0.57% to $72.67. It traded in a range of $72.59 and $73.43, exchanging hands with 4.10 shares.
The stock is down -10.27% in this year through last close. In the trailing twelve months, net profit margin of the company was 11.80% while gross profit margin was 67.10%.
Duke Energy declared a $100,000 donation to the American Red Cross to assist with the relief efforts in South Carolina and North Carolina due to the devastating effects of the recent storm.
The donation comprises $80,000 to the American Red Cross – Palmetto SC Region and $20,000 to the American Red Cross Eastern NC Chapter to benefit the most influenced counties.
Duke Energy also activated its matching grant program for employees, so that every dollar they contribute to the American Red Cross relief efforts will be matched dollar-for-dollar by the company.
Duke Energy Corporation, together with its auxiliaries, operates as an energy company in the United States and Latin America.
Shares of Keryx Biopharmaceuticals (NASDAQ:KERX), surged 6.92% to $3.71, during its last trading session.
The stock saw its price movement on above -normal volume, as 4.03 million shares changed hands when contrast with its average daily volume of 2.09 million shares, with a year-to-date performance of -73.78%.
Keryx Biopharmaceuticals, Inc., a biopharmaceutical company, focuses on providing therapies for patients with renal disease in the United States. Its lead product Auryxia (ferric citrate), an oral, ferric iron-based compound that has the capacity to bind to phosphate in the gastrointestinal tract and form non-absorbable complexes, in addition to treats iron deficiency anemia.
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