Penn West Petroleum Ltd Company Profile (NYSE:PWE)

About Penn West Petroleum Ltd (NYSE:PWE)

Penn West Petroleum Ltd logoPenn West Petroleum Ltd. (Penn West) is a conventional oil and natural gas producer in Canada. The Company operates a portfolio of opportunities with an oil position in the Cardium, Viking and Peace River areas of Alberta. Penn West is a development and production company. During the fiscal year ended December 31, 2016, Penn West had produced 20 million barrels of oil equivalent (MMboe), consisting of eight million barrels (MMbbl) of light and medium crude oil, three MMbbl of heavy crude oil, 44 billion cubic feet (Bcf) of conventional natural gas and one MMbbl of natural gas liquids. As of December 31, 2016, its production and reserves were attributed to approximately 92 producing properties. Penn West's operations are focused on light-oil development. Its principal oil and natural gas properties and related operations, and activities include Cardium Resource Play, Peace River Resource Play and Viking Resource Play.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Symbol: NYSE:PWE
  • CUSIP: N/A
  • Web: www.pennwest.com
Capitalization:
  • Market Cap: $731.24 million
  • Outstanding Shares: 504,300,000
Average Prices:
  • 50 Day Moving Avg: $1.55
  • 200 Day Moving Avg: $1.67
  • 52 Week Range: $0.63 - $2.05
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -9.67
  • P/E Growth: -3.28
Sales & Book Value:
  • Annual Revenue: $378.09 million
  • Price / Sales: 1.93
  • Book Value: $3.31 per share
  • Price / Book: 0.44
Profitability:
  • EBIDTA: $156.37 million
  • Net Margins: -243.12%
  • Return on Equity: -58.05%
  • Return on Assets: -31.22%
Debt:
  • Debt-to-Equity Ratio: 0.18%
  • Current Ratio: 1.02%
  • Quick Ratio: 1.02%
Misc:
  • Average Volume: 1.39 million shs.
  • Beta: 4.41
  • Short Ratio: 5.59
 

Frequently Asked Questions for Penn West Petroleum Ltd (NYSE:PWE)

What is Penn West Petroleum Ltd's stock symbol?

Penn West Petroleum Ltd trades on the New York Stock Exchange (NYSE) under the ticker symbol "PWE."

How were Penn West Petroleum Ltd's earnings last quarter?

Penn West Petroleum Ltd (NYSE:PWE) issued its quarterly earnings results on Thursday, May, 4th. The company reported $0.04 EPS for the quarter, topping the Zacks' consensus estimate of ($0.01) by $0.05. The company earned $99.72 million during the quarter. Penn West Petroleum Ltd had a negative return on equity of 58.05% and a negative net margin of 243.12%. View Penn West Petroleum Ltd's Earnings History.

Where is Penn West Petroleum Ltd's stock going? Where will Penn West Petroleum Ltd's stock price be in 2017?

10 brokers have issued 12-month target prices for Penn West Petroleum Ltd's stock. Their forecasts range from $1.75 to $2.60. On average, they anticipate Penn West Petroleum Ltd's share price to reach $2.27 in the next twelve months. View Analyst Ratings for Penn West Petroleum Ltd.

What are analysts saying about Penn West Petroleum Ltd stock?

Here are some recent quotes from research analysts about Penn West Petroleum Ltd stock:

  • 1. According to Zacks Investment Research, "PENN WEST ENERGY TRUST is a senior oil and natural gas energy trust based in Calgary, Alberta. Penn West trust units and debentures are listed on the Toronto Stock Exchange under the symbols PWT.UN, PWT.DB.A, PWT.DB.B, PWT.DB.C, PWT.DB.D, PWT.DB.E and PWT.DB.F and Penn West trust units are listed on the New York Stock Exchange under the symbol PWE. " (5/24/2017)
  • 2. TD Securities analysts commented, "In our view, Penn West has come to the final stretch of a successful divestiture program and corporate transformation. Looking ahead, the focus now shifts towards execution on the right-sized asset base. This includes forecasts of double-digit growth (Q4/16 to Q4/17) on the remaining assets, continued reductions to cash costs, and building on positive well results within the core areas. We are moving to a BUY rating (from Hold), and taking our target price to $3.00 (from $2.75)." (3/15/2017)

Who are some of Penn West Petroleum Ltd's key competitors?

Who owns Penn West Petroleum Ltd stock?

Penn West Petroleum Ltd's stock is owned by a number of of retail and institutional investors. Top institutional investors include Contrarius Investment Management Ltd (2.65%), Vanguard Group Inc. (1.89%), Proxima Capital Management LLC (0.60%), Schroder Investment Management Group (0.47%), Morgan Stanley (0.32%) and Legal & General Group Plc (0.26%). View Institutional Ownership Trends for Penn West Petroleum Ltd.

Who sold Penn West Petroleum Ltd stock? Who is selling Penn West Petroleum Ltd stock?

Penn West Petroleum Ltd's stock was sold by a variety of institutional investors in the last quarter, including Contrarius Investment Management Ltd, Morgan Stanley, Legal & General Group Plc, Proxima Capital Management LLC, Grace & White Inc. NY, Bank of Nova Scotia, Wells Fargo & Company MN and CIBC World Markets Inc.. View Insider Buying and Selling for Penn West Petroleum Ltd.

Who bought Penn West Petroleum Ltd stock? Who is buying Penn West Petroleum Ltd stock?

Penn West Petroleum Ltd's stock was purchased by a variety of institutional investors in the last quarter, including Adalta Capital Management LLC, Vanguard Group Inc., Bank of America Corp DE, Credit Suisse AG, Accredited Investors Inc., HPM Partners LLC, Two Sigma Securities LLC and Advisory Services Network LLC. View Insider Buying and Selling for Penn West Petroleum Ltd.

How do I buy Penn West Petroleum Ltd stock?

Shares of Penn West Petroleum Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Penn West Petroleum Ltd stock cost?

One share of Penn West Petroleum Ltd stock can currently be purchased for approximately $1.45.

Analyst Ratings

Consensus Ratings for Penn West Petroleum Ltd (NYSE:PWE) (?)
Ratings Breakdown: 1 Sell Rating, 8 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $2.27 (56.32% upside)

Analysts' Ratings History for Penn West Petroleum Ltd (NYSE:PWE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/16/2017ValuEngineUpgradeSell -> HoldLowView Rating Details
4/12/2017Raymond James Financial, Inc.DowngradeOutperform -> Market PerformMediumView Rating Details
4/11/2017AltaCorp CapitalDowngradeOutperform -> Sector PerformLowView Rating Details
3/15/2017TD SecuritiesUpgradeHold -> BuyMediumView Rating Details
12/16/2016CIBCReiterated RatingNeutral$2.60N/AView Rating Details
11/3/2016ScotiabankReiterated RatingSector Perform$2.25N/AView Rating Details
11/3/2016Royal Bank of CanadaReiterated RatingSector Perform$2.50N/AView Rating Details
7/22/2016Barclays PLCUpgradeUnderweight -> Equal Weight$1.50 -> $2.00N/AView Rating Details
6/15/2016DesjardinsReiterated RatingHold$1.75N/AView Rating Details
6/6/2016JPMorgan Chase & Co.DowngradeNeutral -> UnderweightN/AView Rating Details
1/13/2016Dundee SecuritiesReiterated RatingSell$0.55N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Penn West Petroleum Ltd (NYSE:PWE)
Earnings by Quarter for Penn West Petroleum Ltd (NYSE:PWE)
Earnings History by Quarter for Penn West Petroleum Ltd (NYSE:PWE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/20173/31/2017($0.01)$0.04$99.72 millionViewN/AView Earnings Details
5/16/2016Q116($0.14)($0.20)$199.55 million$231.00 millionViewN/AView Earnings Details
3/10/2016Q415($0.19)($3.20)$259.03 million$273.00 millionViewN/AView Earnings Details
11/5/2015Q315($0.22)($1.14)$300.31 million$295.00 millionViewN/AView Earnings Details
7/30/2015Q215($0.13)($0.06)$371.08 million$360.00 millionViewListenView Earnings Details
4/30/2015Q115($0.25)($0.41)$321.52 million$384.00 millionViewN/AView Earnings Details
3/12/2015Q414($0.02)($3.57)$460.33 million$473.00 millionViewN/AView Earnings Details
11/5/2014Q314$0.08($0.03)$605.94 million$584.00 millionViewN/AView Earnings Details
9/18/2014Q214$0.06$0.29$650.00 millionViewN/AView Earnings Details
5/1/2014Q114$0.08($0.20)$630.86 million$668.00 millionViewN/AView Earnings Details
3/7/2014Q413($0.04)($1.49)$606.00 millionViewN/AView Earnings Details
11/6/2013Q313$0.04$0.05$779.00 millionViewN/AView Earnings Details
8/8/2013Q213($0.04)($0.08)$722.86 million$647.00 millionViewN/AView Earnings Details
5/2/2013Q113($0.59)$870.00 million$704.00 millionViewN/AView Earnings Details
2/14/2013Q412$0.62$979.00 million$799.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Penn West Petroleum Ltd (NYSE:PWE)
Current Year EPS Consensus Estimate: $-0.07 EPS
Next Year EPS Consensus Estimate: $-0.15 EPS

Dividends

Current Dividend Information for Penn West Petroleum Ltd (NYSE:PWE)
Most Recent Dividend:10/15/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Penn West Petroleum Ltd (NYSE:PWE)

Dividend History by Quarter for Penn West Petroleum Ltd (NYSE:PWE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/30/2015quarterly$0.012.22%9/28/20159/30/201510/15/2015
4/30/2015quarterly$0.011.36%6/26/20156/30/20157/15/2015
3/12/2015quarterly$0.012.23%3/27/20153/31/20154/15/2015
11/5/2014quarterly$0.1412.03%12/29/201412/31/20141/15/2015
9/18/2014quarterly$0.146.66%9/26/20149/30/201410/15/2014
4/30/2014quarterly$0.145.55%6/26/20146/30/20147/15/2014
3/7/2014quarterly$0.145.95%3/27/20143/31/20144/15/2014
11/6/2013$0.1312/27/201312/31/20131/15/2014
11/6/2013quarterly$0.145.74%12/27/201312/31/20131/15/2014
8/8/2013quarterly$0.144.38%9/26/20139/30/201310/15/2013
5/2/2013quarterly$0.2711.31%6/26/20136/28/20137/15/2013
2/15/2013quarterly$0.2710.61%3/26/20133/28/20134/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Penn West Petroleum Ltd (NYSE:PWE)
Institutional Ownership Percentage: 17.22%
Insider Trades by Quarter for Penn West Petroleum Ltd (NYSE:PWE)
Institutional Ownership by Quarter for Penn West Petroleum Ltd (NYSE:PWE)
Insider Trades by Quarter for Penn West Petroleum Ltd (NYSE:PWE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/19/2016Cheuk Fund HoInsiderSell1,190,600$1.80$2,143,080.00View SEC Filing  
10/17/2016Cheuk Fund HoInsiderSell335,544$1.82$610,690.08View SEC Filing  
10/14/2016Cheuk Fund HoInsiderSell1,044,900$1.90$1,985,310.00View SEC Filing  
10/13/2016Cheuk Fund HoInsiderSell1,020,000$1.83$1,866,600.00View SEC Filing  
10/12/2016Cheuk Fund HoInsiderSell825,500$1.87$1,543,685.00View SEC Filing  
10/11/2016Cheuk Fund HoInsiderSell627,300$1.90$1,191,870.00View SEC Filing  
10/10/2016Cheuk Fund HoInsiderSell446,800$1.91$853,388.00View SEC Filing  
10/7/2016Cheuk Fund HoInsiderSell771,100$1.89$1,457,379.00View SEC Filing  
10/6/2016Cheuk Fund HoInsiderSell1,140,000$1.92$2,188,800.00View SEC Filing  
10/5/2016Cheuk Fund HoInsiderSell1,140,000$1.91$2,177,400.00View SEC Filing  
10/4/2016Cheuk Fund HoInsiderSell690,000$1.85$1,276,500.00View SEC Filing  
10/3/2016Cheuk Fund HoInsiderSell746,720$1.84$1,373,964.80View SEC Filing  
9/30/2016Cheuk Fund HoInsiderSell955,100$1.82$1,738,282.00View SEC Filing  
9/29/2016Cheuk Fund HoInsiderSell1,650,000$1.86$3,069,000.00View SEC Filing  
9/28/2016Cheuk Fund HoInsiderSell1,560,000$1.82$2,839,200.00View SEC Filing  
9/26/2016Cheuk Fund HoInsiderSell131,500$1.80$236,700.00View SEC Filing  
9/23/2016Cheuk Fund HoInsiderSell325,300$1.83$595,299.00View SEC Filing  
9/22/2016Cheuk Fund HoInsiderSell720,000$1.85$1,332,000.00View SEC Filing  
9/21/2016Cheuk Fund HoInsiderSell696,000$1.81$1,259,760.00View SEC Filing  
9/20/2016Cheuk Fund HoInsiderSell595,900$1.81$1,078,579.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Penn West Petroleum Ltd (NYSE:PWE)
Latest Headlines for Penn West Petroleum Ltd (NYSE:PWE)
Source:
DateHeadline
finance.yahoo.com logoPenn West Petroleum Ltd. breached its 50 day moving average in a Bullish Manner : PWE-US : May 22, 2017
finance.yahoo.com - May 22 at 9:29 AM
americanbankingnews.com logoPenn West Petroleum Ltd (PWE) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - May 17 at 7:48 AM
americanbankingnews.com logoPenn West Petroleum Ltd (PWE) Upgraded to Hold at ValuEngine
www.americanbankingnews.com - May 16 at 3:27 PM
seekingalpha.com logoPenn West: Clear Buy - Seeking Alpha
seekingalpha.com - May 12 at 8:08 AM
finance.yahoo.com logoETFs with exposure to Penn West Petroleum Ltd. : May 11, 2017
finance.yahoo.com - May 11 at 7:51 PM
finance.yahoo.com logoPenn West Petroleum Ltd. breached its 50 day moving average in a Bullish Manner : PWE-US : May 11, 2017
finance.yahoo.com - May 11 at 8:25 AM
seekingalpha.com logoPenn West Will Surprise The Market In 2017 - Seeking Alpha
seekingalpha.com - May 10 at 7:38 PM
seekingalpha.com logoPenn West: Strong Bet For Long-Term Gains - Seeking Alpha
seekingalpha.com - May 10 at 7:38 PM
finance.yahoo.com logoPenn West Petroleum Ltd. :PWE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 10:55 AM
americanbankingnews.com logoPenn West Petroleum Ltd (PWE) Releases Earnings Results, Beats Estimates By $0.05 EPS
www.americanbankingnews.com - May 4 at 7:38 PM
reuters.com logoPenn West posts smaller-than-expected loss on higher oil prices
www.reuters.com - May 4 at 7:35 PM
nasdaq.com logoPenn West Petroleum Ltd. Q1 Profit Advances 21% - Nasdaq
www.nasdaq.com - May 4 at 8:29 AM
americanbankingnews.com logoPenn West Petroleum (PWE) Receives News Impact Rating of 0.26
www.americanbankingnews.com - May 3 at 1:11 AM
americanbankingnews.com logoPenn West Petroleum Ltd (PWE) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 2 at 8:04 AM
americanbankingnews.com logoPenn West Petroleum (PWE) Receives Daily News Sentiment Score of 0.06
www.americanbankingnews.com - April 28 at 5:54 PM
americanbankingnews.com logoPenn West Petroleum (PWE) Given Daily Coverage Optimism Score of 0.21
www.americanbankingnews.com - April 25 at 7:48 PM
finance.yahoo.com logoETFs with exposure to Penn West Petroleum Ltd. : April 24, 2017
finance.yahoo.com - April 24 at 5:53 PM
americanbankingnews.com logoPenn West Petroleum (PWE) Earning Somewhat Critical News Coverage, Analysis Shows
www.americanbankingnews.com - April 21 at 7:55 AM
americanbankingnews.com logoPenn West Petroleum (PWE) Getting Somewhat Positive News Coverage, Report Finds
www.americanbankingnews.com - April 18 at 9:17 PM
americanbankingnews.com logoPenn West Petroleum (PWE) Earning Somewhat Positive News Coverage, Report Shows
www.americanbankingnews.com - April 15 at 5:33 PM
americanbankingnews.com logoPenn West Petroleum Ltd (PWE) Receives "Sector Perform" Rating from AltaCorp Capital
www.americanbankingnews.com - April 11 at 2:06 PM
finance.yahoo.com logoPenn West Petroleum Ltd. breached its 50 day moving average in a Bearish Manner : PWE-US : April 10, 2017
finance.yahoo.com - April 10 at 9:35 AM
seekingalpha.com logoPenn West Petroleum: Aiming For Slightly Positive 2017 Cash Flow
seekingalpha.com - April 9 at 6:53 PM
finance.yahoo.com logoETFs with exposure to Penn West Petroleum Ltd. : April 7, 2017
finance.yahoo.com - April 7 at 7:45 PM
americanbankingnews.com logoPenn West Petroleum Ltd (PWE) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 5 at 10:04 AM
capitalcube.com logoPenn West Petroleum Ltd. breached its 50 day moving average in a Bullish Manner : PWE-US : March 30, 2017
us.rd.yahoo.com - March 30 at 7:39 PM
seekingalpha.com logoAbout: Penn West (PWE) - Seeking Alpha
seekingalpha.com - March 24 at 8:11 AM
finance.yahoo.com logoPENN WEST PETROLEUM LTD. Financials
finance.yahoo.com - March 21 at 7:10 PM
seekingalpha.com logoPenn West Energy Is Going To Excel
seekingalpha.com - March 20 at 5:27 PM
nasdaq.com logoEnergy Sector Update for 03/15/2017: PWE,AXAS,TLP - Nasdaq
www.nasdaq.com - March 16 at 12:39 AM
finance.yahoo.com logoPenn West Announces Conference Call Details to Discuss its Results for the Year Ended December 31, 2016
finance.yahoo.com - March 1 at 7:38 PM
seekingalpha.com logoPenn West: Strike Now - Seeking Alpha
seekingalpha.com - February 22 at 7:31 PM
seekingalpha.com logoPenn West: Price Target Too Low
seekingalpha.com - January 28 at 5:51 AM
seekingalpha.com logoPenn West Petroleum: 2017 Will Be A Break-Out Year
seekingalpha.com - January 16 at 7:51 PM
seekingalpha.com logoPenn West Petroleum Expects 15% Exit Rate Growth - Seeking Alpha
seekingalpha.com - January 9 at 5:51 AM
fool.ca logoPenn West Petroleum Ltd. (USA): Time to Finally Buy? | The Motley ... - The Motley Fool Canada
www.fool.ca - January 7 at 1:07 AM
seekingalpha.com logoPenn West Petroleum Or Bust!
seekingalpha.com - January 6 at 5:16 AM
seekingalpha.com logoPenn West raises 2017 capex budget; Hendry to replace Dyck as CFO
seekingalpha.com - January 6 at 12:15 AM
us.rd.yahoo.com logo6:33 am Penn West Petroleum CFO David Dyck will be departing the co effective immediately, co announces a 2017 total capital budget of $180 mln and provides Q4 operational update
us.rd.yahoo.com - January 6 at 12:15 AM
fool.ca logoPenn West Petroleum Ltd.: Another Great Oil Bet for 2017 - The Motley Fool Canada
www.fool.ca - January 4 at 9:06 PM
seekingalpha.com logoPenn West: Is It A High-Risk Value Trap?
seekingalpha.com - January 2 at 7:12 PM
seekingalpha.com logoPenn West: Is It A High-Risk Value Trap? - Penn West Petroleum Ltd ... - Seeking Alpha
seekingalpha.com - January 2 at 8:23 AM
finance.yahoo.com logo4:45 pm Penn West Petroleum to release its 2017 capital budget and corporate update on Thursday, January 5 before open (conf call 8:30am ET)
finance.yahoo.com - January 1 at 7:42 PM
seekingalpha.com logoPenn West Petroleum Reduces Its Breakeven To Under $40 Oil
seekingalpha.com - December 26 at 9:29 AM
seekingalpha.com logoWhy Penn West Petroleum Is A Good Buy Going Into 2017 - Penn ... - Seeking Alpha
seekingalpha.com - December 20 at 2:01 PM

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Chart

Penn West Petroleum Ltd (PWE) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff