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As of Thu 10/27/2016 5:02:00 PM | USD
FHLBank Pittsburgh Announces Third Quarter 2016 Financial Results
On Wednesday, Pengrowth Energy Trust PGH , one of the largest Canadian energy trusts, announced its intention to acquire oil and natural-gas producing properties and undeveloped land from ConocoPhillips COP for $1.04 billion. We are placing our fair value estimate for Pengrowth under review while we ...
We are placing Pengrowth Energy Trust PGH under review while we evaluate the information released in the trust's 2007 guidance. Pengrowth's capital expenditure program is lower than we had anticipated; we had expected any reduction in spending due to a weaker commodity price environment would be ...