Pengrowth Energy Trust operates as a closed-end investment trust. The trust, through its subsidiary, Pengrowth Corporation, which engages in the acquisition, ownership, and management of working interests and royalty interests in oil and natural gas properties and processing facilities in Canada. As of December 31, 2005, the company had proved plus probable reserves of 219,396 thousands of barrels of oil equivalent. The trust, formerly Pengrowth Gas Income Fund, was founded in 1988 and changed its name to Pengrowth Energy Trust in 1996. Pengrowth Energy trust is headquartered in Calgary, Canada.
Recent panic selloff should lead to subsequent up.
$16.93 (02/06/07)
