Pengrowth Energy (PGH) Reports Q2 Loss of $0.32
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Pengrowth Energy (NYSE: PGH) reported Q2 EPS of ($0.32), versus ($0.25) reported last year.
Oil and gas sales for the quarter came in at $137.2 million, versus $249.9 million reported last year.
"In the last 18 months, our relentless focus on both our cost structures and asset performance has delivered significant and sustainable improvements." said Derek Evans, President and Chief Executive Officer of Pengrowth. "We are pleased with the excellent results in terms of decreased cost structures and production optimization of our assets, as well as the resulting positive impact that this work has had on our debt reduction efforts."
For earnings history and earnings-related data on Pengrowth Energy (PGH) click here.
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