Penn West Petroleum has managed to improve its netbacks in an impressive manner despite lower oil prices on the back of a reduction in its operating costs. PWE's netbacks improved almost 30% on a year ...

PWE has decided to ramp up its production at Alberta by drilling 11 new wells and ramping up the capital expenditure, which is a good move considering the cost profile. At a $42/barrel oil price, ...

The price of crude oil jumped this week, heading from $45 per barrel to more than $50 a barrel at one point. This fueled strong gains among oil stocks; however, according toS&P Capital IQdata, the ...

Penn West Petroleum (NYSE: PWE) is expected to report Q4 earnings on Feb. 14. Here's what Wall Street wants to see: The 10-second takeaway Comparing the upcoming quarter to the prior-year quarter, ...

Penn West Petroleum has completed the renewal of its unsecured, revolving bank facility worth $2.28 billion. The facility has been renewed for four-years and will mature on June 26, 2015. The oil and ...

The former chief financial officer and former vice president of accounting and reporting at Canadian oil and gas company Penn West Petroleum have settled charges for their role in an accounting fraud ...

The Securities and Exchange Commission this week charged a Canadian-based oil and gas company and three of its former top finance executives for their roles in an extensive, multi-year accounting ...

(a) purchased call options (i) referencing an aggregate of 1,322,500 Shares, which have an exercise price of $1.00 per Share and expire on July 20, 2018, and (ii) referencing an aggregate of 1,402,300 ...