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Penn West Petroleum Ltd T.PWT

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  PWE

Penn West Petroleum Ltd is a exploration and production company. It explores, develops and holds interests in oil and natural gas properties and related infrastructure in the Western Canada.
Price: $2.95 | Change: $-0.01 | %Change: -0.34%
Volume: 1.1m | Day High/Low: 3.01/2.91 | 52 Week High/Low: 11.00/1.67
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1 star

Penn West Petroleum Ltd. Takes 1 More Step Away From the Bri

It was caught flat footed when oil prices turned south as the last of its oil hedges rolled off, leaving it totally unprotected. This put the company in a real bind, as it was hoping to cash in on...read more
1 star

Falling prices, rising threats cool interest in Kurdish oil

The hall for the Irbil Oil and Gas Exhibition this week was crowded with company displays, executives and investors. But conspicuously absent were international oil giants like Shell, Exxon-Mobil and...read more
0 stars

Hey (The Entity) Kherson Remember This???

I repeat, where were you on April 15, 1865 Mr. Wilkes Booth ????  You were in Washington, admit it, come clean you will feel better. Also, please tell us once and for all, did the "Eagle" really land...read more
1 star

Iran summons Saudi diplomat over plane interception in Yemen

Iran's foreign ministry summoned the Saudi charge d’affaires on Friday to protest Riyadh's interception of two Iranian planes carrying humanitarian aid to Yemen, the Students News Agency ISNA reported...read more
1 star

Riyadh foils terror plot, seizes bombs

Riyadh: Saudi Arabia said on Friday it had foiled a bomb plot by the Daesh group and blamed the terrorists for shooting dead two policemen in the capital earlier this month. The authorities said...read more
0 stars

RE:RE:Saudi's in doodoo

mdaffin wrote: No worries - the extra 2 million barrels per day will help offset the costs. They are also working hard to expand production. That would be crushing. I've always thought their spare...read more
1 star

Saudi Arabia and Russia deal to stabilize oil price

Remember, folks, you read it here first: Asia Unhedged called the bottom of the oil market on April 8 under the headline, “Will Russia and Saudi Arabia agree to stabilize the oil price?” Our take at...read more
0 stars

RE:RE:RE:Saudi's in doodoo

Kherson wrote: Madinvestor3 wrote: You bet, great summary, thanks. To me this is not new either but I'd say you have captured their catch 22 position very well. My view is they are worried about...read more
0 stars

RE:Saudi's in doodoo

No worries - the extra 2 million barrels per day will help offset the costs. They are also working hard to expand production.  rate and reply
1.5 stars

RE:RE:Saudi's in doodoo

Madinvestor3 wrote: You bet, great summary, thanks. To me this is not new either but I'd say you have captured their catch 22 position very well. My view is they are worried about physical security on...read more
3.5 stars

RE:Saudi's in doodoo

You bet, great summary, thanks. To me this is not new either but I'd say you have captured their catch 22 position very well. My view is they are worried about physical security on the one hand (a...read more
0 stars

Saudi's in doodoo

I will bet the  royal family didn't count on a war with rebels when they decided to takeon north American oil companies I would guess there some very heavy backroom conversations between the royals as...read more
0 stars

RE:RE:RE:RE:RE:RE:Thought of the Day!

I'll be dead in fourty years.  rate and reply
0 stars

RE:RE:RE:RE:RE:Thought of the Day!

No problem GLTY. Its either start another company, join lumosity, or this for me. Clipping dividends alone doesn't keep the mind sharp. You will understand this in about 40 years LOL!  rate and reply
0 stars

RE:RE:RE:Thought of the Day!

That is the term I was searching for "Farm In". Yes, I was just thinking of that type of scenario that could play out in the future.  rate and reply
0 stars

RE:RE:Thought of the Day!

Flyfishing20155 wrote: I will clarify a bit more, companies like Raging River or Whitecap will be able to pick and choose parcells of land to drill on as apposed to buying outright. If I'm thinking in...read more
0 stars

RE:RE:RE:RE:Thought of the Day!

Thanks, for your thoughts and your time for a good discussion.  rate and reply
0 stars

RE:RE:RE:Thought of the Day!

Flyfishing20155 wrote: madinvestor3, Do you think companies would be better off to strike a deal to drill on royalty land as apposed to buying the land and still pay for drilling costs? This is...read more
0 stars

RE:RE:Thought of the Day!

madinvestor3, Do you think companies would be better off to strike a deal to drill on royalty land as apposed to buying the land and still pay for drilling costs?  rate and reply
0 stars

RE:Thought of the Day!

Flyfishing20155 wrote: With companies like Encana & Cenovus using or contemplating the Royalty side of business to raise cash, I'm curious to see how this new wave will effect any sale of properties...read more