Q: I've held Penn West [PWT] for a number of years and have been under water for a while now. However, they do pay their dividends. Do you believe that the actions that company is taking today will allow them to support paying the dividend for the future and that their share price will recover into the $20s at some point? Thanks - Ron
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Investment Q&A
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Q: Hi Peter. PWT Penn West
The dividend is attractive and your review back in June indicated market concern on the company maintaining this. They have since come out with a new quarter results and CEO appears to be committed to the distribution. Would appreciate your updated thoughts.
Thanks
The dividend is attractive and your review back in June indicated market concern on the company maintaining this. They have since come out with a new quarter results and CEO appears to be committed to the distribution. Would appreciate your updated thoughts.
Thanks
Q: Looking at the insider trading of PWT it looks like the BC Liberal party with the rats leaving the ship. How much credence do you give insider trading when rating a stock? And what is your opinion of PWT?thanks.
Eightiron
Eightiron
Q: Do you have an opinion on Penn West Petroleum?It appears to be a disaster.I'm planning to attend the AGM next week. Keith