Penn West (PWE -4.2%) shares plunge after posting a Q3 loss and revenues fell 2.4% Y/Y. PWE's...

|About: Penn West Petroleum Ltd. (PWE)|By:, SA News Editor

Penn West (PWE -4.2%) shares plunge after posting a Q3 loss and revenues fell 2.4% Y/Y. PWE's weighting to liquids production reached a new high of 66% vs. 63% in the year-ago quarter. Average production for the first nine months of 2012 was 163,635 boe/day vs. 161,171 boe/day a year ago. Q3 capex was $405M vs. $481M a year ago.