Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelPenn West Petroleum ( PWE) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day down 1.5%. By the end of trading, Penn West Petroleum rose $0.41 (4.0%) to $10.72 on heavy volume. Throughout the day, 4,990,985 shares of Penn West Petroleum exchanged hands as compared to its average daily volume of 3,088,500 shares. The stock ranged in a price between $10.17-$10.80 after having opened the day at $10.22 as compared to the previous trading day's close of $10.31. Other companies within the Energy industry that increased today were: North American Energy Partners Incorporate ( NOA), up 17.8%, New Concept Energy ( GBR), up 7.8%, Barnwell Industries ( BRN), up 6.0% and Andatee China Marine Fuel Services Corporat ( AMCF), up 4.8%.
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Penn West Petroleum Ltd., an exploration and production company, engages in acquiring, exploring, developing, exploiting, and holding interests in petroleum and natural gas properties and related assets in western Canada. Penn West Petroleum has a market cap of $4.9 billion and is part of the basic materials sector. The company has a P/E ratio of 204.0, above the S&P 500 P/E ratio of 17.7. Shares are down 5.1% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Penn West Petroleum a buy, 2 analysts rate it a sell, and 3 rate it a hold. TheStreet Ratings rates Penn West Petroleum as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, feeble growth in its earnings per share, deteriorating net income and disappointing return on equity.