Penn West Petroleum Ltd Company Profile (NYSE:PWE)

About Penn West Petroleum Ltd

Penn West Petroleum Ltd 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: $1.71
  • 50 Day Moving Average: $1.79
  • 200 Day Moving Average: $1.73
  • 52-Week Range: $0.61 - $2.05
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -9.00
  • P/E Growth: -0.32
  • Market Cap: $859.44M
  • Outstanding Shares: 502,595,000
  • Beta: 4.41
Profitability:
  • 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%
Additional Links:
Companies Related to Penn West Petroleum Ltd:

Analyst Ratings

Consensus Ratings for Penn West Petroleum Ltd (NYSE:PWE) (?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $2.23 (30.33% upside)

Analysts' Ratings History for Penn West Petroleum Ltd (NYSE:PWE)
Show:
DateFirmActionRatingPrice TargetDetails
12/16/2016CIBCReiterated RatingNeutral$2.60View Rating Details
11/3/2016TD SecuritiesReiterated RatingHold$2.25 -> $2.50View Rating Details
11/3/2016ScotiabankReiterated RatingSector Perform$2.25View Rating Details
11/3/2016RBC Capital MarketsReiterated RatingSector Perform$2.50View 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
6/6/2016J P Morgan Chase & CoDowngradeNeutral -> UnderweightView Rating Details
1/13/2016Dundee SecuritiesReiterated RatingSell$0.55View Rating Details
4/27/2015FirstEnergy CapitalReiterated RatingMarket Perform$3.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Penn West Petroleum Ltd (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 Ltd (NYSE:PWE)
Current Year EPS Consensus Estimate: $-0.76 EPS
Next Year EPS Consensus Estimate: $-0.19 EPS

Dividends

Current Dividend Information for Penn West Petroleum Ltd (NYSE:PWE)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
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 History 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 History for Penn West Petroleum Ltd (NYSE:PWE)
Institutional Ownership Percentage: 17.22%
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

Latest Headlines for Penn West Petroleum Ltd (NYSE:PWE)
DateHeadline
News IconStock Price of Penn West Petroleum Ltd (PWE) Increases 2.94% - Highland Mirror (NYSE:PWE)
www.highlandmirror.com - February 22 at 7:31 PM
seekingalpha.com logoPenn West: Strike Now - Seeking Alpha (NYSE:PWE)
seekingalpha.com - February 22 at 7:31 PM
News IconPenn West Petroleum Ltd (NYSE:PWE) Vs. Industry Vs. Sector Growth Analysis - The Newburgh Press (NYSE:PWE)
newburghpress.com - February 4 at 1:20 AM
finance.yahoo.com logoContrarian Investors: Is Penn West Petroleum Ltd. Attractive Today? (NYSE:PWE)
ca.finance.yahoo.com - February 2 at 9:23 PM
News IconThe Penn West Petroleum Ltd (PWT) Price Target Raised to C$3.00 (NYSE:PWE)
larampadinapoli.com - January 31 at 9:21 PM
capitalcube.com logoPenn West Petroleum Ltd. breached its 50 day moving average in a Bearish Manner : PWE-US : January 31, 2017 (NYSE:PWE)
www.capitalcube.com - January 31 at 9:21 PM
seekingalpha.com logoPenn West: Price Target Too Low (NYSE:PWE)
seekingalpha.com - January 28 at 5:51 AM
News IconStock Perspective: Penn West Petroleum Ltd (NYSE:PWE) Company Earnings Watch - Aiken Advocate (NYSE:PWE)
aikenadvocate.com - January 19 at 1:00 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Penn West Petroleum Ltd (NYSE:PWE) - Wall Street Beacon (NYSE:PWE)
wsbeacon.com - January 18 at 12:47 AM
seekingalpha.com logoPenn West Petroleum: 2017 Will Be A Break-Out Year (NYSE:PWE)
seekingalpha.com - January 16 at 7:51 PM
News IconPenn West Petroleum Ltd. (NYSE:PWE) hit its 52 Week high of $2.05 on Jan 6, 2017 - The Newburgh Press (NYSE:PWE)
newburghpress.com - January 12 at 1:06 AM
News IconWill The Needle Move For Penn West Petroleum Ltd (NYSE:PWE) Shares This Earnings Season? - Wall Street Beacon (NYSE:PWE)
wsbeacon.com - January 12 at 1:06 AM
News IconPenn West Petroleum Ltd. (NYSE:PWE) hit its 52 Week low of $0.48 on Jan 20, 2016 - The Newburgh Press (NYSE:PWE)
newburghpress.com - January 12 at 1:06 AM
News IconThe Ho Cheuk Fund Just Reported It's Purchase Of Penn West Petroleum Ltd. (NYSE:PWE) Shares - Small Cap Exclusive (press release) (NYSE:PWE)
smallcapexclusive.com - January 12 at 1:06 AM
News IconTD Securities Reiterates Hold Rating for Penn West Petroleum Ltd (PWT) (NYSE:PWE)
perspectivabetica.com - January 10 at 8:47 PM
seekingalpha.com logoPenn West Petroleum Expects 15% Exit Rate Growth - Seeking Alpha (NYSE:PWE)
seekingalpha.com - January 9 at 5:51 AM
newswire.ca logoPenn West Announces 2017 Capital Budget and Senior ... - Canada NewsWire (press release) (NYSE:PWE)
www.newswire.ca - January 7 at 1:07 AM
fool.ca logoPenn West Petroleum Ltd. (USA): Time to Finally Buy? | The Motley ... - The Motley Fool Canada (NYSE:PWE)
www.fool.ca - January 7 at 1:07 AM
finance.yahoo.com logoPenn West Petroleum Ltd.: Time to Finally Buy? (NYSE:PWE)
ca.finance.yahoo.com - January 6 at 8:06 PM
seekingalpha.com logoPenn West Petroleum Or Bust! (NYSE:PWE)
seekingalpha.com - January 6 at 5:16 AM
News IconPenn West Petroleum Ltd (NASDAQ:PWE) To Report Earnings (NYSE:PWE)
flapship.com - January 6 at 5:16 AM
News IconPenn West to almost double capital spending (NYSE:PWE)
viveremilano.biz - January 6 at 12:15 AM
seekingalpha.com logoPenn West raises 2017 capex budget; Hendry to replace Dyck as CFO (NYSE:PWE)
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 (NYSE:PWE)
us.rd.yahoo.com - January 6 at 12:15 AM
feeds.reuters.com logoUPDATE 2-Canada's Penn West becomes latest oil producer to boost spending (NYSE:PWE)
feeds.reuters.com - January 5 at 1:23 PM
feeds.reuters.com logoBRIEF-Penn West to announce a 2017 total capital budget of $180 mln (NYSE:PWE)
feeds.reuters.com - January 5 at 7:04 AM
fool.ca logoPenn West Petroleum Ltd.: Another Great Oil Bet for 2017 - The Motley Fool Canada (NYSE:PWE)
www.fool.ca - January 4 at 9:06 PM
finance.yahoo.com logoPenn West Petroleum Ltd.: Another Great Oil Bet for 2017 (NYSE:PWE)
ca.finance.yahoo.com - January 4 at 4:03 PM
marketexclusive.com logoPenn West Petroleum Ltd (USA) (NYSE:PWE) To Detail Budget As Oil Prices Soar (NYSE:PWE)
marketexclusive.com - January 4 at 4:03 PM
seekingalpha.com logoPenn West: Is It A High-Risk Value Trap? (NYSE:PWE)
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 (NYSE:PWE)
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) (NYSE:PWE)
finance.yahoo.com - January 1 at 7:42 PM
News IconPenn West Petroleum Ltd (NYSE:PWE) Quarterly EPS Analysis (NYSE:PWE)
lasignare.com - January 1 at 8:54 AM
News IconAnalyst Sights on Price Reaction History: Penn West Petroleum Ltd (USA) (NYSE:PWE) - Post Registrar (NYSE:PWE)
postregistrar.com - December 31 at 7:14 PM
News IconPeering into Recent Action from Penn West Petroleum Ltd. (NYSE:PWE) - Prospect Journal (NYSE:PWE)
prospectjournal.com - December 31 at 12:47 AM
capitalcube.com logoETFs with exposure to Penn West Petroleum Ltd. : December 27, 2016 (NYSE:PWE)
www.capitalcube.com - December 27 at 7:11 PM
seekingalpha.com logoPenn West Petroleum Reduces Its Breakeven To Under $40 Oil (NYSE:PWE)
seekingalpha.com - December 26 at 9:29 AM
News IconIs This Stock Ready to Rumble: Penn West Petroleum Ltd. (NYSE:PWE) - Prospect Journal (NYSE:PWE)
prospectjournal.com - December 24 at 8:26 AM
News IconKeen Investors Taking a Look at Penn West Petroleum Ltd. (NYSE:PWE) - Prospect Journal (NYSE:PWE)
prospectjournal.com - December 20 at 2:01 PM
seekingalpha.com logoWhy Penn West Petroleum Is A Good Buy Going Into 2017 - Penn ... - Seeking Alpha (NYSE:PWE)
seekingalpha.com - December 20 at 2:01 PM
capitalcube.com logoPenn West Petroleum Ltd. – Value Analysis (NYSE:PWE) : December 20, 2016 (NYSE:PWE)
www.capitalcube.com - December 20 at 2:01 PM
capitalcube.com logoPenn West Petroleum Ltd. breached its 50 day moving average in a Bearish Manner : PWE-US : December 19, 2016 (NYSE:PWE)
www.capitalcube.com - December 19 at 8:22 AM
marketexclusive.com logoAnalyst Activity – CIBC Reiterates Neutral on Penn West Petroleum (NYSE:PWE) - Market Exclusive (NYSE:PWE)
marketexclusive.com - December 18 at 8:03 AM
insidermonkey.com logoIs Penn West Petroleum Ltd (USA) (PWE) A Good Stock To Buy? (NYSE:PWE)
www.insidermonkey.com - December 17 at 7:55 PM
capitalcube.com logoETFs with exposure to Penn West Petroleum Ltd. : December 16, 2016 (NYSE:PWE)
www.capitalcube.com - December 16 at 8:15 PM
seekingalpha.com logoWhy Penn West Petroleum's Netbacks Will Rise Substantially - Penn ... - Seeking Alpha (NYSE:PWE)
seekingalpha.com - December 13 at 8:36 AM
seekingalpha.com logoWhy Penn West Petroleum's Netbacks Will Rise Substantially (NYSE:PWE)
seekingalpha.com - December 12 at 9:35 AM
investornewswire.com logoCan Shares Of Penn West Petroleum Ltd (NYSE:PWE) Hit $2.31? - Investor Newswire (NYSE:PWE)
www.investornewswire.com - December 11 at 6:25 PM
News IconNoteworthy Stocks to Watch for: Penn West Petroleum Ltd. (NYSE:PWE), LyondellBasell Industries N.V. (NYSE:LYB) - The Newburgh Press (NYSE:PWE)
newburghpress.com - December 7 at 9:05 AM
capitalcube.com logoETFs with exposure to Penn West Petroleum Ltd. : December 5, 2016 (NYSE:PWE)
www.capitalcube.com - December 5 at 7:19 PM

Social

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."

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

9 analysts have issued 1 year price targets for Penn West Petroleum Ltd's stock. Their predictions range from $1.75 to $2.60. On average, they expect Penn West Petroleum Ltd's stock price to reach $2.23 in the next year.

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 shareholders include Ho Cheuk Fund (4.89%), Fiera Capital Corp (2.03%), Luminus Management LLC (0.12%), Scotia Capital Inc. (0.08%), Renaissance Technologies LLC (0.06%) and Dimensional Fund Advisors LP (0.06%).

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 Renaissance Technologies LLC and Scotia Capital Inc..

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

Penn West Petroleum Ltd's stock was acquired by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Luminus Management LLC, Two Sigma Investments LP, Allianz Asset Management AG and Horizon Kinetics LLC.

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 $1.71.

Penn West Petroleum Ltd (NYSE:PWE) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Penn West Petroleum Ltd (NYSE:PWE)

Earnings History Chart

Earnings by Quarter for Penn West Petroleum Ltd (NYSE:PWE)

Dividend History Chart

Dividend Payments by Quarter for Penn West Petroleum Ltd (NYSE:PWE)

Last Updated on 2/23/2017 by MarketBeat.com Staff