- PWE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $19.4 million.
- PWE has traded 646,262 shares today.
- PWE is up 3.2% today.
- PWE was down 9% yesterday.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in PWE with the Ticky from Trade-Ideas. See the FREE profile for PWE NOW at Trade-Ideas More details on PWE: Penn West Petroleum Ltd., an exploration and production company, acquires, explores, develops, exploits, and holds interests in petroleum and natural gas properties and related assets in western Canada. The stock currently has a dividend yield of 11.2%. Currently there are no analysts that rate Penn West Petroleum a buy, no analysts rate it a sell, and 5 rate it a hold. The average volume for Penn West Petroleum has been 3.3 million shares per day over the past 30 days. Penn West has a market cap of $2.2 billion and is part of the basic materials sector and energy industry. Shares are down 51.6% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
TheStreetRatings.com Analysis:TheStreet Quant Ratings rates Penn West Petroleum as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and generally disappointing historical performance in the stock itself. Highlights from the ratings report include:
- Current return on equity is lower than its ROE from the same quarter one year prior. This is a clear sign of weakness within the company. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, PENN WEST PETROLEUM LTD's return on equity significantly trails that of both the industry average and the S&P 500.
- PWE's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 59.28%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
- PENN WEST PETROLEUM LTD reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, PENN WEST PETROLEUM LTD swung to a loss, reporting -$1.78 versus $0.37 in the prior year.
- PWE, with its decline in revenue, underperformed when compared the industry average of 1.9%. Since the same quarter one year prior, revenues fell by 14.3%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
- PWE's debt-to-equity ratio is very low at 0.30 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.36 is very weak and demonstrates a lack of ability to pay short-term obligations.
- You can view the full Penn West Petroleum Ratings Report.