skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Please provide your thoughts on the following announced Friday: Penn West Announces $1.1 Billion In Asset Sales, Including The Sale Of Its Saskatchewan Assets For $975 Million.
I am a long suffering shareholder with a position in a registered plan. What action if any should I take based on this transaction?
Read Answer Asked by Chris on June 13, 2016
Q: I am investigating this one. It is at about half book, more out of favor than its sector, appears to have lots of upside if you look at 52wk range but a nasty looking multi-year chart. I would appreciate any knowledge you could share on this one. Should it survive $35 oil if oil goes there. Is something broken in this company that you are aware of. Many thanks for a great service.
Read Answer Asked by Bruce on February 06, 2015
Q: Hello.
I read on BNN that Penn West (PWT.TO) is seeing some aggressive insider buying. What are your thoughts? Stock is inexpensive ($4.76) with a whopping 11.75% dividend. Sustainable?

http://www.bnn.ca/News/2014/11/18/Insiders-are-buying-shares-of-Lightstream-Black-Diamond-and-Penn-West.aspx

Thanks
Read Answer Asked by Giovanni on November 19, 2014
Q: I own PWT PennWest petroleum bought it for a turnaround and management Rick George.
News this morning not good ie accounting irregularities. Those words always make me cringe.
The only comfort is that the company itself has found these irregularities and not outside accountants.
But they say their debt covenants are at risk. Sell right one at the open or don't panic and wait for the review. Where there is one cockroach there are usually more but I am inclined to give PWT some slack. What do you think with all your experience? Thanks.
Read Answer Asked by Helen on July 30, 2014
Q: Re PWT...I've been holding a losing position in Penn West for some time now and hoping that the new board members would turn it around, but have now lost some faith here...do you see any up-side for ,2014 and if not.. where would you go in energy (I already hold SU, TOU, WCP, CPG, EGL.un, PGF in energy sector) ...thanks
Read Answer Asked by Arthur on February 15, 2014
Q: PWT: I understand the advice to wait and see a turnaround before buying in but what would you read into insider buying @10.50 to 11 during Nov? Same is true with insiders at PGF. Could they just be looking for a seasonal "dead cat bounce" in the stock prices or perhaps they know something the rest of us don't. Thanks, Jeff
Read Answer Asked by Jeff on December 02, 2012
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!