Penn West Petroleum Ltd. (NYSE:PWE)

CAPS Rating: 4 out of 5

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.

Recs

1
Player Avatar nwtracker (53.36) Submitted: 5/15/2010 7:49:21 PM : Outperform Start Price: $17.34 PWE Score: -37.36

This is an energy dividend play. A large portion of the "foreign Oil" the US uses is from Canada. Plus the Chinese joint venture will strengthen the capital used in development of already owned leases. I love the monthly payments for cash-flow.

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