Bullboard - Stock Discussion Forum 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,... see more

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TSX:PWT - Post Discussion

PENN WEST PETROLEUM LTD. > Could Get Ugly Tomorrow

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Post by UppersDowners on Mar 14, 2017 4:16pm

Could Get Ugly Tomorrow

when oil inventories come out and they are bearish. Could see oil in $46 range and $45 by Friday. Heck PWT could see another 10% downside yet. All oil stocks setting new 52 week lows and it is getting sickening.

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