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PENN WEST PETROLEUM LTD. T.PWT

"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."


TSX:PWT - Post by User

Post by makedonkaon May 24, 2017 8:45pm
172 Views
Post# 26280447

Energy Investors Aren't Buying The Latest Oil Rally

Energy Investors Aren't Buying The Latest Oil Rally

"Narrative for most investors has shifted to "lower for longer" leaving upside surprise to current valuations.

"We maintain our bullish stance on energy equities in the face of market skepticism."

https://seekingalpha.com/article/4076295-energy-investors-buying-latest-oil-rally?source=email_rt_author_readmore&app=1&isDirectRoadblock=false

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