(NASDAQ:DRYS), Penn West Petroleum Ltd (USA) (NYSE:PWE)

Penn West Petroleum Ltd

"Outperform View" rating was revealed by 4 and "Underperform Signal" rating was issued by 3. Finally, Royal Bank of Canada upped their price target on shares of Penn West Petroleum from C$2.50 to C$2.75 and gave the stock a "sector perform" rating in a research report on Friday, January 6th. The Low Price target projection by analysts is $2.03 and the Mean Price Target is $2.22.

Investors expected a price target of -0.07 for this quarter. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

Investors are watching Penn West Petroleum Ltd. (NYSE:PWE) ahead of the market open as shares are gapping down -2.42% with the stock now sitting at $1.63.

A total of 2 brokerages have issued a ratings update on Penn West Petroleum Ltd (USA).

Nonetheless, and in the immediate aftermath of reporting, investor reaction in Penn West Petroleum Ltd. (PWE) stock has proven to be much more bearish.

Shares of Penn West Petroleum (TSE:PWT) opened at 2.02 on Tuesday.




Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels. For the last period, the company reported quarter over quarter EPS growth of 69.60% and quarter over quarter sales growth of -56.90%.

The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.30. The stock hit its 52-Week High on Mar 3, 2017 and 52-Week Low on Nov 9, 2016. They now have a Dollars 3 price target on the stock. Thus the company showed an Earnings Surprise of -214.3 Percent.

Penn West Petroleum Ltd. (Penn West) is an exploration and production company. Extending back, their 50-Day Simple Moving Average is -6.18%, looking even further back, their 200-Day Simple Moving Average stands at 1.48%. The Moving Average SMA50 is -11.4% while SMA200 is -2.74%. CIBC World Markets Inc. raised its position in Penn West Petroleum by 5.4% in the third quarter. Return on Equity (ROE) stands at -75.6% and Return on Investment (ROI) of -50.6 percent. WealthTrust Axiom LLC now owns 201,600 shares of the company's stock worth $364,000 after buying an additional 13,500 shares during the last quarter.

November 02, 2016: Penn West Petroleum Ltd. (PWE) reported Q2 earnings loss of -$1.43, missing consensus estimates of -$0.14.

For the Current Quarter, the growth estimate for Penn West Petroleum Ltd.is 10%, while for the Next Quarter the stock growth estimate is 91.7%. The stock remained 5.46% volatile for the week and 3.75% for the month. PWE has P/E (Price to Earnings ttm) value of 0, Forward P/E of 0, P/C (Price to cash per share) of 2.32 and Price to Free Cash Flow (P/FCF) value of 0. There was a stock increase by 15.38 percent.

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