Options Brief: Pengrowth Energy Corporation (PGH)

Shares of Pengrowth Energy Corporation (NYSE: PGH) are lower on the session by 3.61%, trading at $13.56.

Overall call volume is now running at 2.27x the daily average, with 1% of all calls traded being purchases on the offer. 1,100 contracts have traded on the session so far.

Pengrowth Energy Corporation, formerly Pengrowth Energy Trust, is a Canadian resource company, which is engaged in production, development, exploration and acquisition of oil and natural gas assets. The company's focus area Swan Hills Trend is an oil resource area where the company is a landholder with an estimated 2.3 billion barrels of original oil in place.