Pengrowth Energy (Pengrowth Energy) Effective Interest Rate on Debt % : 7.38% (As of Sep. 2019)

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What is Pengrowth Energy Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Pengrowth Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2019 was $42.9 Mil. Pengrowth Energy's average total debt for the quarter that ended in Sep. 2019 was $580.9 Mil. Therefore, Pengrowth Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 was 7.38%.

Pengrowth Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Pengrowth Energy's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pengrowth Energy Effective Interest Rate on Debt % Chart

Pengrowth Energy Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Effective Interest Rate on Debt %

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4.08

5.09

6.04

6.35

7.34

Pengrowth Energy Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.85	7.66	7.78	7.66	7.38

Competitive Comparison of Pengrowth Energy's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Pengrowth Energy's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pengrowth Energy's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pengrowth Energy's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Pengrowth Energy's Effective Interest Rate on Debt % falls into.

Pengrowth Energy Effective Interest Rate on Debt % Calculation

Pengrowth Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2017 )	+	Total Debt (A: Dec. 2018 ))	/ count )
=	-1 * -37.065	/	( (478.111	+	531.854)	/ 2 )
=	-1 * -37.065	/	504.9825
=	7.34 %

where

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	478.111	+	0
=	478.111

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	358.514	+	173.34
=	531.854

Pengrowth Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2019 )	+	Total Debt (Q: Sep. 2019 ))	/ count )
=	-1 * -42.896	/	( (579.803	+	582.056)	/ 2 )
=	-1 * -42.896	/	580.9295
=	7.38 %

where

	Total Debt (Q: Jun. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	298.969	+	280.834
=	579.803

	Total Debt (Q: Sep. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	300.733	+	281.323
=	582.056

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Pengrowth Energy (NYSE:PGH) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Pengrowth Energy Effective Interest Rate on Debt % Related Terms

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Pengrowth Energy (Pengrowth Energy) Business Description

Industry

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Address

222 Third Avenue SW, Suite 2100, Calgary, AB, CAN, T2P 0B4

Website

http://www.pengrowth.com

Pengrowth Energy Corp is an intermediate Canadian oil and natural gas producer. The company has exposure to the Cardium light oil play, Swan Hills light oil play, and Montney natural gas projects in Canada. Pengrowth's production consists of natural gas, oil, and natural gas liquids, with natural gas constituting a predominant majority of production. Royalties are needed for Pengrowth to explore and develop any oilfields it may come across. Pengrowth actively controls where its production is shipped so that it can monitor and take advantage of favorable pricing opportunities in North American markets.