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$12.75 -0.31 (-2.37%)
12/3/2008 3:59 PM

Penn West Energy Trust (USA) (PWE)

CAPS Rating:
*****

The Company's direct and indirect subsidiaries and partnerships are in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and assets related thereto.

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Recs

2

Avatar PMM2022 (50.70) Submitted: 12/28/07 9:56 AM : Underperform Start Price: $23.42 PWE Score: 4.40

High Natural Gas inventories are likely to drive prices down over the coming year unless there is a shock to the system - either in terms of supply disruption or demand creation.

Longer term, however, there are reasons to believe the demand growth will pressure natural gas prices to the upside. This could come as utilities continue to install natural gas fired plants rather than coal in order to meet carbon dioxide emission limits.

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