Penn West Petroleum Company Profile (NYSE:PWE)

About Penn West Petroleum

Penn West Petroleum logoPenn West Petroleum Ltd. (Penn West) is an exploration and production company. The Company operates in the segment of exploring for, developing and holding interests in oil and natural gas properties, and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. Penn West owns the petroleum and natural gas assets or over 100% of the equity, directly or indirectly, of the entities that carry on the remainder of the oil and natural gas business of Penn West, except for an unincorporated joint arrangement (the Peace River Oil Partnership). Penn West's subsidiaries hold approximately 55% interest in the Peace River Oil Partnership. Penn West operates under the trade names of Penn West and Penn West Exploration. Based in Calgary, Alberta, Penn West operates a portfolio of opportunities with a position in light oil in Canada on a land base encompassing approximately four million acres.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: PWE
  • CUSIP:
Key Metrics:
  • Previous Close: $1.61
  • 50 Day Moving Average: $1.43
  • 200 Day Moving Average: $1.10
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -11.50
  • P/E Growth: -0.45
  • Market Cap: $808.48M
  • Outstanding Shares: 502,162,000
  • Beta: 3.86
Additional Links:
Companies Related to Penn West Petroleum:

Analyst Ratings

Consensus Ratings for Penn West Petroleum (NYSE:PWE) (?)
Ratings Breakdown: 3 Sell Ratings, 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $1.55 (3.73% downside)

Analysts' Ratings History for Penn West Petroleum (NYSE:PWE)
Show:
DateFirmActionRatingPrice TargetDetails
8/10/2016ScotiabankReiterated RatingSector Perform$2.00View Rating Details
7/22/2016Barclays PLCUpgradeUnderweight -> Equal Weight$1.50 -> $2.00View Rating Details
6/27/2016Royal Bank Of CanadaUpgradeUnderperform -> Sector Perform$0.90 -> $2.00View Rating Details
6/15/2016DesjardinsReiterated RatingHold$1.75View Rating Details
6/13/2016Raymond James Financial Inc.UpgradeUnderperform -> OutperformView Rating Details
6/6/2016JPMorgan Chase & Co.DowngradeNeutral -> UnderweightView Rating Details
1/13/2016Dundee SecuritiesReiterated RatingSell$0.55View Rating Details
11/6/2015CIBCDowngradeSector Perform -> UnderperformView Rating Details
4/27/2015FirstEnergy CapitalReiterated RatingMarket Perform$3.00View Rating Details
12/19/2014TD SecuritiesDowngradeHold -> ReduceView Rating Details
12/17/2014MacquarieDowngradeNeutral -> UnderperformView Rating Details
12/11/2014Bank of America Corp.DowngradeNeutral -> UnderperformView Rating Details
12/1/2014BMO Capital MarketsDowngradeMarket Perform -> UnderperformView Rating Details
(Data available from 8/24/2014 forward)

Earnings

Earnings History for Penn West Petroleum (NYSE:PWE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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 (NYSE:PWE)
Current Year EPS Consensus Estimate: $-0.51 EPS
Next Year EPS Consensus Estimate: $-0.14 EPS

Dividends

Current Dividend Information for Penn West Petroleum (NYSE:PWE)
Annual Dividend:$0.00
Dividend Yield:0.00%
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-46.30% (3 Year Average)

Dividend History for Penn West Petroleum (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 History for Penn West Petroleum (NYSE:PWE)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Penn West Petroleum (NYSE:PWE)
DateHeadline
seekingalpha.com logoIs Penn West Petroleum Still A Good Bet? (NYSE:PWE)
seekingalpha.com - August 24 at 10:01 AM
capitalcube.com logoETF’s with exposure to Penn West Petroleum Ltd. : August 22, 2016 (NYSE:PWE)
www.capitalcube.com - August 22 at 6:53 PM
News IconSmall Cap Insight on Shares of Penn West Petroleum Ltd. (NYSE:PWE) - Duncan Research (NYSE:PWE)
www.duncanindependent.com - August 20 at 6:38 PM
News IconTaking A Closer Look at Penn West Petroleum Ltd. (NYSE:PWE) - Duncan Research (NYSE:PWE)
www.duncanindependent.com - August 18 at 10:01 AM
News IconA Closer Look at Penn West Petroleum Ltd. (NYSE:PWE) - Duncan Research (NYSE:PWE)
www.duncanindependent.com - August 18 at 10:01 AM
seekingalpha.com logoPenn West Petroleum: Stay Long - Seeking Alpha - Seeking Alpha (NYSE:PWE)
seekingalpha.com - August 18 at 10:01 AM
seekingalpha.com logoPenn West Petroleum: Stay Long (NYSE:PWE)
seekingalpha.com - August 17 at 7:20 PM
News IconSmall Cap Update on: Penn West Petroleum Ltd. (NYSE:PWE) - Duncan Research (NYSE:PWE)
www.duncanindependent.com - August 16 at 10:18 AM
fool.ca logo3 Surprises From Penn West Petroleum Ltd. (NYSE:PWE)
www.fool.ca - August 15 at 7:24 PM
capitalcube.com logoETF’s with exposure to Penn West Petroleum Ltd. : August 11, 2016 (NYSE:PWE)
www.capitalcube.com - August 11 at 7:31 PM
capitalcube.com logoPenn West Petroleum Ltd. :PWE-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:PWE)
www.capitalcube.com - August 10 at 7:29 PM
seekingalpha.com logoPenn West: All Eyes On Phase II Progress (NYSE:PWE)
seekingalpha.com - August 6 at 7:01 PM
seekingalpha.com logoPenn West Petroleum to hike capital spending by 80% (NYSE:PWE)
seekingalpha.com - August 4 at 7:29 PM
tradecalls.org logoAnalyst Rating Update on Penn West Petroleum Ltd (PWE) - Trade Calls (NYSE:PWE)
www.tradecalls.org - August 4 at 10:09 AM
capitalcube.com logoPenn West Petroleum Ltd. breached its 50 day moving average in a Bullish Manner : PWE-US : August 3, 2016 (NYSE:PWE)
www.capitalcube.com - August 3 at 7:21 PM
seekingalpha.com logoPenn West Petroleum: All Eyes On Phase II Progress (NYSE:PWE)
seekingalpha.com - August 2 at 7:19 PM
finance.yahoo.com logoPenn West Announces Conference Call Details to Discuss its Results for the Second Quarter Ended June … (NYSE:PWE)
finance.yahoo.com - July 27 at 10:01 AM
publicnow.com logoPenn West Announces Conference Call Details to Discuss its Results for the Second Quarter Ended June 30, 2016 (NYSE:PWE)
www.publicnow.com - July 26 at 8:18 PM
investornewswire.com logoIs $2.31 Price Target Attainable For Penn West Petroleum Ltd (NYSE:PWE)? - Investor Newswire (NYSE:PWE)
www.investornewswire.com - July 26 at 7:22 PM
ftsenews.co.uk logoPenn West Petroleum Ltd (NYSE:PWE) Updated Price Targets - FTSE News (NYSE:PWE)
www.ftsenews.co.uk - July 26 at 7:22 PM
News IconHot Stock under Consideration: Penn West Petroleum Ltd. (NYSE:PWE) - News Oracle (NYSE:PWE)
www.newsoracle.com - July 26 at 7:22 PM
fidaily.com logoBarclays Boosts Rating On Penn West Petroleum Ltd (PWE) To "Equal-weight" - Finance Daily (NYSE:PWE)
www.fidaily.com - July 22 at 6:49 PM
fidaily.com logoBarclays Boosts Rating On Penn West Petroleum Ltd (PWE) To “Equal-weight” (NYSE:PWE)
www.fidaily.com - July 22 at 9:56 AM
seekingalpha.com logoPenn West Petroleum: Why I'm Still Bullish - Seeking Alpha (NYSE:PWE)
seekingalpha.com - July 21 at 7:20 PM
News IconPenn West Petroleum Ltd (NYSE:PWE): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:PWE)
www.engelwooddaily.com - July 21 at 9:52 AM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Penn West Petroleum Ltd (NYSE:PWE) - TGP (NYSE:PWE)
telanaganapress.com - July 20 at 9:49 AM
News IconEquity Roundup: Stock Performance Focus on Penn West Petroleum Ltd (NYSE:PWE) - Press Telegraph (NYSE:PWE)
presstelegraph.com - July 19 at 7:07 PM
News IconAnalyst Target and Average Rating Watch: Penn West Petroleum Ltd (NYSE:PWE) - Press Telegraph (NYSE:PWE)
presstelegraph.com - July 19 at 5:16 AM
tradecalls.org logoShares of Penn West Petroleum Ltd (PWE) Drops by -1.41% - Trade Calls (NYSE:PWE)
www.tradecalls.org - July 18 at 12:29 PM
News IconHow Many Penn West Petroleum Ltd (USA) (NYSE:PWE)'s Analysts Are Bearish? - Consumer Eagle (NYSE:PWE)
www.consumereagle.com - July 17 at 6:25 PM
investornewswire.com logoStrong Sell Calls For Penn West Petroleum Ltd (NYSE:PWE) At 1 - Investor Newswire (NYSE:PWE)
www.investornewswire.com - July 17 at 6:25 PM
kcregister.com logoPetroleo Brasileiro Petrobras SA (NYSE:PBR) Increased 3.99%: Penn West Petroleum Ltd. (NYSE:PWE), Builders ... - KC Register (NYSE:PWE)
www.kcregister.com - July 15 at 12:08 PM
News IconPenn West Petroleum Ltd (NYSE:PWE) Wall Street Analyst Recommendation Outlook - Telanagana Press (NYSE:PWE)
telanaganapress.com - July 13 at 9:56 AM
kcregister.com logoInvestors Watch List: Douglas Dynamics, Inc. (NYSE:PLOW), Penn West Petroleum Ltd. (NYSE:PWE), Halozyme ... - KC Register (NYSE:PWE)
www.kcregister.com - July 13 at 9:56 AM
ftsenews.co.uk logoNew Broker Ratings For Penn West Petroleum Ltd (NYSE:PWE) - FTSE News (NYSE:PWE)
www.ftsenews.co.uk - July 13 at 9:56 AM
News IconShort Term Rating on Penn West Petroleum Ltd (PWE) - TheFounders Daily (NYSE:PWE)
www.thefoundersdaily.com - July 13 at 9:56 AM
News IconCompany Stock Focus for Penn West Petroleum Ltd (NYSE:PWE): Which Way Will Shares Head? - Press Telegraph (NYSE:PWE)
presstelegraph.com - July 12 at 7:15 PM
News IconTrading Performance and Target Watch for Penn West Petroleum Ltd (NYSE:PWE) - Press Telegraph (NYSE:PWE)
presstelegraph.com - July 12 at 7:15 PM
News IconPenn West Petroleum Limited New (NYSE:PWE) Shorted Shares Increased By 14.6% - Consumer Eagle (NYSE:PWE)
www.consumereagle.com - July 12 at 7:15 PM
News IconAnalyst Recommendations Review: Penn West Petroleum Ltd. (NYSE:PWE) - News Oracle (NYSE:PWE)
www.newsoracle.com - July 12 at 7:15 PM
fool.ca logoIs the Newly Transformed Penn West Petroleum Ltd. a Buy? (NYSE:PWE)
www.fool.ca - July 11 at 11:38 AM
investornewswire.com logoIs $2.34 Within Reach For Penn West Petroleum Ltd (NYSE:PWE)? - Investor Newswire (NYSE:PWE)
www.investornewswire.com - July 10 at 6:16 PM
fiscalstandard.com logoNext Weeks Broker Price Targets For Penn West Petroleum Ltd (NYSE:PWE) - Fiscal Standard (NYSE:PWE)
www.fiscalstandard.com - July 10 at 6:16 PM
fiscalstandard.com logoBroker Outlook For Penn West Petroleum Ltd (NYSE:PWE) - Fiscal Standard (NYSE:PWE)
www.fiscalstandard.com - July 9 at 10:06 AM
News IconCan Penn West Petroleum Ltd (NYSE:PWE) Improve on the Earnings Front? - Engelwood Daily (NYSE:PWE)
www.engelwooddaily.com - July 8 at 9:54 AM
finance.yahoo.com logoPenn West Regains Compliance with the New York Stock Exchange's Continued Listing Standard Regarding the Price ... - Yahoo Finance (NYSE:PWE)
finance.yahoo.com - July 4 at 6:11 PM
investornewswire.com logoPenn West Petroleum Ltd (NYSE:PWE) Expected to Reach Highs Of $2.34 - Investor Newswire (NYSE:PWE)
www.investornewswire.com - July 3 at 6:19 PM
fool.com logo3 Oil Stocks That Could Rocket if Crude Keeps Rising (NYSE:PWE)
www.fool.com - July 2 at 4:00 PM
News IconAnalyst Rating Update on Penn West Petroleum Ltd (PWE) - TheFounders Daily (NYSE:PWE)
www.thefoundersdaily.com - July 1 at 7:00 PM
fool.ca logo1 New Rule Penn West Petroleum Ltd. Really Doesn't Like - The Motley Fool Canada (NYSE:PWE)
www.fool.ca - July 1 at 7:00 PM

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Penn West Petroleum (NYSE:PWE) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff