Earnings Forecast Research on Penn West Petroleum Ltd (PWE)

Penn West Petroleum Ltd reported better than expected with a surprise EPS of % or $ during its most recent quarterly earnings. The Actual EPS was $-0.35 compared to the Estimated EPS of $.

In the last quarter, Penn West Petroleum Ltd reported Annual Earnings of $-0.35. Based on the filings, last years Annual Earnings was, $-3.35. and for the current fiscal year, the estimate is $-0.54. For the Next fiscal year, the estimate is $-0.09 based on the consensus.

Penn West Petroleum Ltd (NYSE:PWE) : On Tuesday heightened volatility was witnessed in Penn West Petroleum Ltd (NYSE:PWE) which led to swings in the share price. The stock opened for trading at $1.7 and hit $1.73 on the upside , eventually ending the session at $1.71, with a gain of 1.79% or 0.03 points. The heightened volatility saw the trading volume jump to 1,508,473 shares. The 52-week high of the share price is $2.05 and the company has a market cap of $859 million. The 52-week low of the share price is at $0.608 .

PENN WEST ENERGY TRUST is a senior oil and natural gas energy trust based in Calgary, Alberta. Penn West trust units and debentures are listed on the Toronto Stock Exchange under the symbols PWT.UN, PWT.DB.A, PWT.DB.B, PWT.DB.C, PWT.DB.D, PWT.DB.E and PWT.DB.F and Penn West trust units are listed on the New York Stock Exchange under the symbol PWE.

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