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 Investment16 (< 20) Submitted: 4/2/2013 7:20:15 PM : Outperform Start Price: $9.57 PWE Score: -51.86

In the next financial release, we will very well see the balance sheet much healthier than it has been in the past few years. Positive news on Natural Gas, and the commitment from the Canadian Government to bring crude to the market will give much improved future cash flows.

Member Avatar illinoisboy (< 20) Submitted: 4/20/2013 3:44:41 PM
Recs: 0

For better or for worse the pipelines will be built and Penn West and others will stop being forced to sell their product at a discount. I agree,I think PWE is a buy at this price.

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