PENN WEST $1.17

PENN WEST $1.17 (Toronto symbol PWT; Shs. o/s: 502.2 million; Market cap: $582.5 million; TSINetwork Rating: Speculative; No dividends paid; www.pennwest.com) has sold oilproducing properties worth over $1 billion since the start of 2015. Even so, its debt is still a very high $1.9 billion,… Read More

Sell this oil producer

PENN WEST $1.17 (Toronto symbol PWT; Shs. o/s: 502.2 million; Market cap: $582.5 million; TSINetwork Rating: Speculative; No dividends paid; www.pennwest.com) has sold oilproducing properties worth over $1 billion since the start of 2015. Even so, its debt is still a very high $1.9 billion,… Read More

PENN WEST $8.14 – Toronto symbol PWT

PENN WEST $8.14 (Toronto symbol PWT; Shares outstanding: 492.6 million; Market cap: $4.0 billion; TSINetwork Rating: Average; Divd. yield: 6.9%; www.pennwest.com) appointed former Suncor CEO Rick George as chairman in May 2013 to bring in much-needed measures to shore up its finances and boost its… Read More

Surprise costs Penn West 19%

PENN WEST $8.14 (Toronto symbol PWT; Shares outstanding: 492.6 million; Market cap: $4.0 billion; TSINetwork Rating: Average; Divd. yield: 6.9%; www.pennwest.com) appointed former Suncor CEO Rick George as chairman in May 2013 to bring in much-needed measures to shore up its finances and boost… Read More

PENN WEST $9.35 – Toronto symbol PWT

PENN WEST $9.35 (Toronto symbol PWT; Shares outstanding: 490.7 million; Market cap: $4.5 billion; TSINetwork Rating: Average; Dividend yield: 6.0%; www.pennwest.com) is one of Canada’s largest oil and gas producers.

Penn West continues to shore up its finances and take steps to boost its value since… Read More

Buy Crescent Point, hold on to Penn West

CRESCENT POINT ENERGY CORP. $40.44 (Toronto symbol CPG; Shares outstanding: 395.7 million; Market cap: $16.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.8%; www.crescentpointenergy.com) produces oil and natural gas in Western Canada. Its output is weighted 91% toward oil and 9% to gas. The company… Read More