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Stock Market & Financial Investment News

News Breaks
June 4, 2014
11:27 EDTPWEPenn West has 35% upside potential, Barron's reports
Recently, Penn West has been slashing costs, selling poor-performing assets, and investing in oil plays with the greatest potential, all of which could boost the stock 35% in the next year, Barron's reports. Reference Link
News For PWE From The Last 14 Days
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October 23, 2014
06:45 EDTPWEPenn West sees 2014 production above mid-point of 101K-106K Boe/d view
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06:42 EDTPWEPenn West sells $355M in non-core assets
Penn West has signed an agreement to sell non-core assets located in south central Alberta for expected proceeds of approximately $355M to a private company. The assets are currently producing approximately 7,500 boe/day. The disposition represents less than 5% of the company's proved and probable reserve base of 625Mboe. The company expects the transaction to close in early December. These assets were not allocated any current or future development capital under the company's long-term plan.
06:39 EDTPWEPenn West backs FY14 production guidance of 101K boepd-106K boepd
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06:37 EDTPWEPenn West to sell $355M non-core assets
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October 15, 2014
06:04 EDTPWEStocks with implied volatility above IV index mean; PWE SD
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October 13, 2014
12:33 EDTPWEOptions with increasing implied volatility
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