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Canadian Investing / Canada (General)


Subject:  Re: PWE slump Date:  11/14/2012  3:37 PM
Author:  whitethroat Number:  63064 of 64608

Hi Tim,

You may be right. At the last call the boss made a point of mentioning that the shareholder base is wide spread and international, including Asia and Europe. I think there is some hope that the price differential will decline, new pipelines etc.

I have a feeling that PWE has had trouble executing over the years. There is always talk of the great land base and conservative nature of the company, but their cost per barrel is high and they have a lot of debt and some people say they pay more dividend than is prudent.

Is Penn West widely owned and followed in Canada, a household name?
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