PENN WEST PETROLEUM LTD. T.PWT

Penn West Energy Is Going To Excel

[makedonka]

"Penn West Energy (PWE) is getting Mr. Market excited. Management has already raised the guidance for the new year that was previously issued. The stock has risen from its lows, but expectations of more capital gains and a bright future remain intact. It is still very early in the turnaround process. So investors can still invest in a very promising situation that is listed on a major exchange. Plus this turnaround situation has a few advantages not shared by other competitors.""The cost structure of Penn West compares favorably to the cost structure Occidental Petroleum (OXY) reported for its Permian properties. Occidental is one of the biggest names in the EOR business. The Permian often gets Mr. Market very excited so many of the Permian companies trade at a Premium. Yet this Canadian company has costs that are every bit as competitive, especially when the lower Canadian dollar is factored in . So Penn West continues to keep the cost structure aligned with industry leaders, then a very profitable future is a likely outcome for shareholders."

https://seekingalpha.com/article/4056549-penn-west-energy-going-excel?app=1&auth_param=4i15t:1cd0034:c231e4d8948658c08d68c7aadeb3f6ba