PENN WEST PETROLEUM LTD. T.PWT

Energy Oil & Gas E&P

"Penn West Petroleum, based in Calgary, Alberta, is an independent Canadian energy company focused on the exploration and production of oil and natural gas resources in Saskatchewan, Alberta, and British Columbia. At the end of 2015, the company reported proven reserves before royalties of 208 million barrels of oil equivalent. Daily production averaged 86,000 barrels of oil equivalent in 2015, at a ratio of 69% oil/31% gas."

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PENN WEST PETROLEUM LTD. > Oil is in for a major turnaround

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Comment by orlandoflon Mar 21, 2017 7:57am

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Post# 26006331

RE:Oil is in for a major turnaround

makedonka wrote: "A close technical analysis of crude oil could reveal that the commodity is in for a major turnaround.

Crude oil, which is down 9 percent year to date, is oversold, according to Piper Jaffray managing director and technical market strategist Craig Johnson. He also recommends taking bullish positions on energy stocks, which tend to move in tandem with crude oil."

https://www.cnbc.com/2017/03/20/four-charts-make-the-case-that-crude-oil-has-bottomed.html

or in other words - all of them

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