Is PWE a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

3,991 people get PWE articles and Market Currents by email alert.

Get email alerts on PWE »

HEADLINES:

Penn West: Is A Dividend Cut Coming?
Albert Alfonso • Wed, May 15 • 21 Comments
10 Matchless Energy Dogs Explore 21.35% To 47.1% Gains In April
Fredrik Arnold • Tue, May 14 • 9 Comments
What To Buy And Sell In Your High-Yield Portfolio
Monty Spivak • Tue, May 14 • 22 Comments
Growth In United States Oil Production Peaked In 2012
Devon Shire • Wed, May 8 • 16 Comments
These Energy Companies May Be The Next Acquisition Targets Of The Chinese Suitors
Value Digger • Sat, May 4 • 22 Comments
Cramer's Mad Money - The Most Important Game Changer For 2013 (5/2/13)
SA Editor Miriam Metzinger • Fri, May 3 • 1 Comment
Penn West Petroleum's CEO Discusses Q1 2013 Results - Earnings Call Transcript
Thu, May 2 • 4 Comments
Ten Top Basic Materials Dogs Shag 10.9 % To 63.7% Gains In April
Fredrik Arnold • Wed, May 1 • 4 Comments
Oil Services Giant Schlumberger Doesn't See A Continued Plunge In Oil Prices
Devon Shire • Tue, Apr 23 • 10 Comments
Penn West: A Play On Keystone Pipeline And Improving Commodity Prices
Nelson Smith • Tue, Apr 23 • 8 Comments
Cramer's Lightning Round - U.S. Bancorp May Be Lower In 2 Days, But Will Be Higher In 2 Years (4/15/13)
SA Editor Miriam Metzinger • Tue, Apr 16 • 3 Comments
Pengrowth Energy And Penn West Petroleum: Not In-Sync With Oil & Gas Prices
Nick Chiu • Mon, Apr 8 • 42 Comments
Why It's Time To Sell Baytex Energy And Consider These 3 Alternatives
Jeffrey Gall • Mon, Apr 8 • 22 Comments
10 Ace Energy Dogs Scout 19% To 39% Gains For March
Fredrik Arnold • Thu, Mar 28 • 2 Comments
Penn West: A High Risk, High Reward Stock With A 9.4% Yield
Albert Alfonso • Wed, Mar 20 • 12 Comments
Top 10 March Basic Materials Dogs Fetch 16% To 26% Gains
Fredrik Arnold • Tue, Mar 19 • 12 Comments
Canadian Dividends In ETF Form
Cranky • Thu, Mar 14 • 12 Comments
Prem Watsa And Jeremy Grantham Have Completely Opposite Views On Commodity Prices
Devon Shire • Thu, Mar 14 • 22 Comments
Buying American Oil Cheap From Canadian Companies
MLP Trader • Wed, Mar 13 • 24 Comments
Berry Petroleum Sale Metrics Suggest Penn West Is On Sale
Devon Shire • Fri, Mar 8 • 47 Comments

Berry Petroleum Sale Metrics Suggest Penn West Is On Sale
Devon Shire • Fri, Mar 8 • 47 Comments

Penn West: Is A Dividend Cut Coming?
Albert Alfonso • Wed, May 15 • 21 Comments
Penn West: A Play On Keystone Pipeline And Improving Commodity Prices
Nelson Smith • Tue, Apr 23 • 8 Comments
Pengrowth Energy And Penn West Petroleum: Not In-Sync With Oil & Gas Prices
Nick Chiu • Mon, Apr 8 • 42 Comments
Penn West: A High Risk, High Reward Stock With A 9.4% Yield
Albert Alfonso • Wed, Mar 20 • 12 Comments
Berry Petroleum Sale Metrics Suggest Penn West Is On Sale
Devon Shire • Fri, Mar 8 • 47 Comments
Penn West Exploration Offers A 9.3% Yield And Exposure To Canadian Light Oil
Albert Alfonso • Fri, Dec 21, 2012 • 60 Comments
Penn West Exploration Is Trading Well Below Intrinsic Value
Stan Holland • Thu, Nov 8, 2012 • 34 Comments
Growing, 6.75% Dividend Payer Penn West Petroleum Sees Improvement Coming
David White • Sun, Sep 16, 2012 • 104 Comments
Playing The Oil Crash: Bear Put Spread
Joe Springer • Fri, Jun 22, 2012 • 11 Comments
I Wish It Weren't True, But The World Badly Needs Iranian Oil
Devon Shire • Tue, Mar 6, 2012 • 16 Comments
Exxon Mobil Needs To Stop Buying Back Shares And Buy Penn West Energy Instead
Devon Shire • Mon, Feb 13, 2012 • 18 Comments
Time To Sell Penn West Exploration
Davy Bui • Thu, Jan 12, 2012 • 8 Comments
Penn West: A Low Risk Way of Protecting Your Portfolio Against High Oil Prices
Devon Shire • Fri, Apr 22, 2011 • 16 Comments
HSBC Warns That There Is Only 50 Years of Oil Left - Time to Stock Up on Oil Investments
Devon Shire • Thu, Mar 31, 2011 • 109 Comments
Penn West Energy Fair Value Estimate
Davy Bui • Fri, Apr 30, 2010 • 7 Comments
Penn West Energy Trust's Priorities: Reduce Debt, Exploit Assets
Kurt Wulff • Tue, Sep 15, 2009 • 2 Comments
Penn West: Distribution at Risk
FP Trading Desk • Fri, Aug 14, 2009 • 11 Comments
Penn West Transitions to Exploration and Production Company
Kurt Wulff • Wed, Jun 10, 2009 • 2 Comments
Penn West Cuts Distribution, But Does Management Have Any Credibility?
Peter Everds • Sun, Mar 29, 2009 • 15 Comments
Penn West Energy's Monthly Distribution Keyed to $45 Oil
Kurt Wulff • Wed, Mar 25, 2009 • 6 Comments

10 Matchless Energy Dogs Explore 21.35% To 47.1% Gains In April
Fredrik Arnold • Tue, May 14 • 9 Comments
What To Buy And Sell In Your High-Yield Portfolio
Monty Spivak • Tue, May 14 • 22 Comments
Growth In United States Oil Production Peaked In 2012
Devon Shire • Wed, May 8 • 16 Comments
These Energy Companies May Be The Next Acquisition Targets Of The Chinese Suitors
Value Digger • Sat, May 4 • 22 Comments
Cramer's Mad Money - The Most Important Game Changer For 2013 (5/2/13)
SA Editor Miriam Metzinger • Fri, May 3 • 1 Comment
Ten Top Basic Materials Dogs Shag 10.9 % To 63.7% Gains In April
Fredrik Arnold • Wed, May 1 • 4 Comments
Oil Services Giant Schlumberger Doesn't See A Continued Plunge In Oil Prices
Devon Shire • Tue, Apr 23 • 10 Comments
Cramer's Lightning Round - U.S. Bancorp May Be Lower In 2 Days, But Will Be Higher In 2 Years (4/15/13)
SA Editor Miriam Metzinger • Tue, Apr 16 • 3 Comments
Why It's Time To Sell Baytex Energy And Consider These 3 Alternatives
Jeffrey Gall • Mon, Apr 8 • 22 Comments
10 Ace Energy Dogs Scout 19% To 39% Gains For March
Fredrik Arnold • Thu, Mar 28 • 2 Comments
Top 10 March Basic Materials Dogs Fetch 16% To 26% Gains
Fredrik Arnold • Tue, Mar 19 • 12 Comments
Canadian Dividends In ETF Form
Cranky • Thu, Mar 14 • 12 Comments
Prem Watsa And Jeremy Grantham Have Completely Opposite Views On Commodity Prices
Devon Shire • Thu, Mar 14 • 22 Comments
Buying American Oil Cheap From Canadian Companies
MLP Trader • Wed, Mar 13 • 24 Comments
Cramer's Lightning Round - A Lion's Share For Lions Gate (3/1/13)
SA Editor Miriam Metzinger • Sun, Mar 3 • 2 Comments
Bonanza Creek Energy: Is A Thunderstorm Coming After The Recent Public Offering?
Value Digger • Sun, Feb 24 • 11 Comments
3 Oil & Gas Stocks Undervalued By EPS Trends
Kapitall • Fri, Jan 25 • 1 Comment
3 Oil & Gas Stocks Undervalued By EPS Trends
Kapitall • Thu, Jan 10 • 3 Comments
3 Canadian Energy Companies For High Dividend Yields
Efsinvestment • Mon, Nov 26, 2012 • 11 Comments
5 Dividend Drillers For Your Retirement Portfolio
Efsinvestment • Wed, Nov 14, 2012 • 9 Comments

Penn West Petroleum's CEO Discusses Q1 2013 Results - Earnings Call Transcript
Thu, May 2 • 4 Comments
Penn West Petroleum's CEO Discusses Q4 2012 Results - Earnings Call Transcript
Thu, Feb 14 • 6 Comments
Penn West Petroleum's CEO Discusses Q3 2012 Results - Earnings Call Transcript
Fri, Nov 2, 2012 • 2 Comments
Penn West Petroleum's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Mon, Aug 13, 2012 • 1 Comment
PennWest Energy Trust Q1 2010 Earnings Call Transcript
Wed, Jun 2, 2010
Penn West Energy Trust Q4 2009 Earnings Call Transcript
Thu, Feb 18, 2010

Lightning Round: Heckmann, Ford Motor, Microchip Technology and More

at CNBC.com (Jun 27, 2012)
Your Money with Chuck Jaffe: Bull market should see third anniversary

at MarketWatch.com (Mar 10, 2011)
Halftime: Energy Bulls Heading Off a Cliff?

at CNBC.com (Feb 23, 2011)
Lightning Round: Petrobras, DuPont, Sears and More

at CNBC.com (Oct 8, 2010)
Halftime: Is S&P Trying To Push Above Resistance?

at CNBC.com (Jun 14, 2010)
Lightning Round OT: Windstream, Penn West Energy and More

at CNBC.com (May 20, 2010)

PWE vs. ETF Alternatives

Company Description

Currently, there's no company description for PWE.

Sector: Basic Materials

Industry: Oil & Gas Drilling & Exploration

Country: Canada

All
| Earnings
| Dividends
| M&A
| On the move

Monday, May 6, 10:59 AM Penn West Petroleum (PWE +5.3%) appoints two energy industry veterans to its board: Former Suncor CEO Rick George is named chairman, and former Canadian Natural Resources chairman Allan Markin is named vice chairman. Interim chair Jack Schanck will remain on the board; Bill Andrew also remains and will share vice-chair duties with Markin. 3 Comments [Energy, On the Move]
Thursday, May 2, 2:57 PM Penn West Exploration (PWE) declares C$0.27/share quarterly dividend, in line with previous. For shareholders of record June 28. Payable July 15. Ex-div date June 26. (PR) 2 Comments [Dividends]
Thursday, May 2, 10:55 AM Penn West Exploration (PWE): Q1 EPS of -C$0.20. Revenue of C$704M. (PR) 2 Comments [Earnings, Breaking News]
Wednesday, April 17, 12:57 PM Energy stocks (XLE -2.8%) trade well below the broader market as crude oil futures plunge after a surprising drop in U.S. distillate supplies and a smaller drop in crude supplies than API data showed. With the U.S. dollar substantially higher, analyst Tariq Zahir sees crude continuing its downward trend. Refiners: VLO -3.9%, TSO -5.6%, PBF -6.3%, CVI -6.8%. Big losers: LPI -5.4%, HLX -5.9%, PDS -6.5%, PWE -5.8%, KOG -4.4%. Comment! [Energy, On the Move]
Monday, April 15, 7:00 PM The list of 52-week lows reached today is littered with miners and resource names: ABX, ACI, AG, AKS, ANV, AU, AUQ, AUY, CDE, CLF, CVE, EGO, EXK, EXXI, FCX, FNV, FST, GFI, GG, GOLD, HL, HMY, IAG, IPI, KGC, MHR, MT, MTL, NEM, NFX, NG, NGD, NOG, PAAS, PWE, RGLD, RIC, SA, SAND, SGY, SSRI, SVM, TCK, TGB, TRQ, WLT, WTI, X. 5 Comments [Commodities, Energy]
Friday, March 8, 8:13 AM Penn West (PWE) +3.3% premarket, apparently on speculation the energy company could be up for sale. Using the price per flowing barrel of oil paid via Linn Energy's acquisition of similarly oil-weighted Berry Petroleum, SA contributor Devon Shire calculates PWE could be taken out at ~$23.59/share. 5 Comments [Energy, M&A, On the Move]
Thursday, February 14, 9:47 AM Penn West Energy (PWE +1.2%) reports a Q4 loss of $0.11/share and funds flow of $295M ($0.62/share). Full-year 2012 funds flow was $1.25B; average production was ~161K boe/day, weighted ~65% to oil and liquids. After 2012 divestment activity, PWE forecasts 2013 production of 135K-145K boe/day. Plans 2013 capex budget of $900M with an option to layer in up to $300M more. Comment! [Energy, Earnings]
Thursday, February 14, 6:40 AM Penn West Exploration (PWE) declares $0.27/share quarterly dividend, in line with previous. Forward yield 10.35%. For shareholders of record Mar. 28. Payable Apr. 15. Ex-div date Mar. 26. (PR) Comment! [Dividends]
Monday, January 14, 6:14 PM Canada’s independent oil producers may face months of depressed earnings and weak share prices as they jockey for space on over-full oil pipelines, analysts say. "The shortfall in takeaway capacity is absolutely going to weigh on realized prices for the Canadian producers over the near term on... especially heavy oil, which is at a pretty substantial discount to WTI right now," Macquarie says. 13 Comments [Energy]
Thursday, January 10, 8:24 AM Penn West Petroleum (PWE) announces a base capital budget of C$900M for 2013, with an option to layer in up to another C$300M in H2: 90% is allocated towards light oil projects, as spending on facilities and well equipping will be significantly reduced. PWE expects 2013 production of 135K-145K boe/day. 3 Comments [Energy]
Wednesday, December 19, 2012, 5:54 PM Penn West (PWE) closes its $1.35B divestment of non-core assets, and expects to record a gain of $250M-$300M on the sales. PWE expects 2012 annual average production to remain in the previously issued guidance range of 161K-163K boe/day after the effect of the divestments. Comment! [Energy]
Tuesday, November 6, 2012, 5:43 PM Franco Nevada (FNV) agrees to acquire a ~11.7% net royalty interest in the Weyburn Oil Unit with Penn West Petroleum (PWE) for C$400M in cash. Current production levels are ~26K bbl/day of medium grade slightly sour crude. FNV expects the acquisition to be immediately accretive to revenue, cash flow and earnings. Comment! [Commodities, M&A]
Tuesday, November 6, 2012, 8:26 AM At least four top executives at Penn West (PWE) are heading for the exit door, apparently paying the price for steep Q3 losses. PWE gives no reason for the departures, but they come just days after reporting hedging losses and a lower production forecast for the year due to wet weather and plant outages. PWE -0.7% premarket. 2 Comments [Energy]
Friday, November 2, 2012, 10:45 AM 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. 14 Comments [Energy, On the Move]
Friday, November 2, 2012, 6:42 AM Penn West Exploration (PWE): Q3 EPS of -C$0.14. Revenue of C$840M (-2.4% Y/Y). (PR) 3 Comments [Earnings, Energy]
Wednesday, October 17, 2012, 9:22 AM Penn West (PWE) +2% premarket after updating its asset-sale program, saying it has agreements in principle to sell certain non-core properties for ~C$1.3B. PWE does not identify the assets or the buyers, but confirms more than one sale was involved and that the properties currently yielded production of 12K boe/day. Comment! [Energy, On the Move]

Internal Aduitor
Going to be getting in on $PWE around the $9.40 mark and hold for at least 12 months for a nice return to high, plus an 11% dividend, unreal
May 8, 9:30 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

4crash
picked up $PWE Sep21 $8 calls
Apr 17, 6:37 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Albert Alfonso
$PWE maintains its quarterly dividend @ $0.27
Feb 14, 9:57 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Albert Alfonso
$PWE up 1.3%, $BTE up 5.4%, $ERF up 1.9%, $PGH down 0.6%. It makes no sense. PGH should be up today, now yields over 10%
Jan 22, 4:35 PM
Reply (3)

• !Report Abuse
View all 3 replies
Buffet_or_Broke: Sector is bonkers right now. I am long CPG, PGF, CNQ, COS, PSN (all TSX) , sentiment seems very bad, valuations are cheap, very cyclical
Jan 22, 4:50 PM
• !Report Abuse
Albert Alfonso: ERF, imo the worst stock in the group, is up 5% YTD while PGH is down 3%
Jan 22, 4:53 PM
• !Report Abuse
Add a reply...

140 characters

Dividend Sheet
$PGH $PWE and $BTE are my favorite high-yield canadian energy trusts with monthly dividend payments + http://stks.co/eIAL
Jan 14, 4:38 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Albert Alfonso
$PGH going down on news related to $PWE. May add more PGH is price keeps declining.
Jan 10, 12:03 PM
Reply (4)

• !Report Abuse
View all 4 replies
Albert Alfonso: $PGH is a gem IMO. its assets minus debt may be worth $10 per share
Jan 10, 1:43 PM
• !Report Abuse
gwenace: I'm waiting for a small uptrend. Want to pull the trigger within the next three months.
Jan 10, 1:44 PM
• !Report Abuse
Add a reply...

140 characters

ZetaKap
6 Analyst-Favored Oil & Gas Stocks With Impressive Growth Projections http://bit.ly/Sz1wXI $FXEN $HK $ORIG $PGH $PWE $VTG @ZetaKap
8/25/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ZetaKap
6 Analyst-Backed Oil And Gas Drilling Stocks Headed For Growth http://bit.ly/NJko1Q $SSN $HERO $MHR $ORIG $PWE $VTG @ZetaKap
7/26/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ZetaKap
6 Analyst-Backed Oil And Gas Drilling Stocks Headed For Growth http://bit.ly/NJko1Q $SSN $HERO $MHR $ORIG $PWE $VTG @ZetaKap
7/25/12
Reply (4)

• !Report Abuse
View all 4 replies
jvix: MHR perked up today
7/25/12
• !Report Abuse
Luckydad: Yes, Bob, you are right, the mules are turning the drill and pumps. Conservation of resources, I think. Slowly oil will come out.
7/30/12
• !Report Abuse
Add a reply...

140 characters

ZetaKap
5 Undervalued Dividend Stocks Offering High Yields To Match Their High Growth http://bit.ly/L0JGc6 $AWC $BBVA $NDRO $PWE $STM @ZetaKap
6/11/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

Albert Alfonso
$PWE up 1.3%, $BTE up 5.4%, $ERF up 1.9%, $PGH down 0.6%. It makes no sense. PGH should be up today, now yields over 10%
Jan 22, 4:35 PM
Reply (3)

• !Report Abuse
View all 3 replies
Buffet_or_Broke: Sector is bonkers right now. I am long CPG, PGF, CNQ, COS, PSN (all TSX) , sentiment seems very bad, valuations are cheap, very cyclical
Jan 22, 4:50 PM
• !Report Abuse
Albert Alfonso: ERF, imo the worst stock in the group, is up 5% YTD while PGH is down 3%
Jan 22, 4:53 PM
• !Report Abuse
Add a reply...

140 characters

Albert Alfonso
$PGH going down on news related to $PWE. May add more PGH is price keeps declining.
Jan 10, 12:03 PM
Reply (4)

• !Report Abuse
View all 4 replies
Albert Alfonso: $PGH is a gem IMO. its assets minus debt may be worth $10 per share
Jan 10, 1:43 PM
• !Report Abuse
gwenace: I'm waiting for a small uptrend. Want to pull the trigger within the next three months.
Jan 10, 1:44 PM
• !Report Abuse
Add a reply...

140 characters

ZetaKap
6 Analyst-Backed Oil And Gas Drilling Stocks Headed For Growth http://bit.ly/NJko1Q $SSN $HERO $MHR $ORIG $PWE $VTG @ZetaKap
7/25/12
Reply (4)

• !Report Abuse
View all 4 replies
jvix: MHR perked up today
7/25/12
• !Report Abuse
Luckydad: Yes, Bob, you are right, the mules are turning the drill and pumps. Conservation of resources, I think. Slowly oil will come out.
7/30/12
• !Report Abuse
Add a reply...

140 characters

PWE Penn West Petroleum Ltd.

PWE

Penn West Petroleum Ltd.