Penn West Petroleum (PWE) stock is soaring after the company agreed to sell assets for about C$1.1 billion.
Penn West Petroleum (PWE) stock is surging after reports suggested that the company may have four bidders for some of its light oil assets.
Don't look now, but we're in a "Wile E. Coyote Market." In the coming days, investors will better know whether the overvalued market will stay aloft or plunge to earth.
Penn West Petroleum (PWE) stock is plummeting on Monday afternoon after the company said it may be in default on its financial covenants at the end of the second quarter.