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

Add To Watchlist

TSX:PWT - Post Discussion

PENN WEST PETROLEUM LTD. > Penn West: A Strong Bet For Long-Term Gains

View:

Post by makedonka on May 08, 2017 4:23pm

Penn West: A Strong Bet For Long-Term Gains

"Penn West (NYSE:PWE) is a major beneficiary of the recent rise in oil prices and in my view is one of the most undervalued oil & gas companies in the Western Canadian Sedimentary Basin. The degree of undervaluation is well set out by the charts on Simply Wall Street who puts a value of $5.82 on the shares now trading for $2.00 more or less."

https://seekingalpha.com/article/4070758-penn-west-strong-bet-long-term-gains?app=1&auth_param=4i15t:1ch1i3h:82b298a8d3cc6823a6f9517603f14e29#alt1

104