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Penn West Energy Trust (PWE) [hlAlert]

Rating:
Underweight
PWE
up 1,733.33 %

Penn West Energy Trust (PWE) rated Underweight by Barclays

Posted on: Wednesday,  Jul 18, 2012  1:25 PM ET by Barclays

Barclays rated Underweight Penn West Energy Trust (NYSE: PWE) on 07/18/2012, when the stock price was $12.65. Since
then, Penn West Energy Trust has lost 94.55% as of 01/15/2016's recent price of $0.69.
If you would have followed this Barclays's recommendation on PWE, you would have gained 1733.33% of your investment in 1276 days.

Penn West Energy Trust operates as an open-ended, unincorporated investment trust in Canada. The trust, through its subsidiaries, engages in acquiring, developing, exploiting, and holding interests in petroleum and natural gas properties and assets. Its oil and gas properties are located in the western Canadian Sedimentary Basin and within the provinces of British Columbia, Alberta, Saskatchewan, and Manitoba. As of December 31, 2006, it had proved plus probable gross reserves of 482,560 million barrels of oil equivalent; and had working interests in 20,480 oil and gas wells. Penn West Energy Trust was founded in 1979 and is headquartered in Calgary, Canada.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2012 1:25 PM Sell
None
12.65
as of 12/31/2012
1 Week up  4.98 %
1 Month up  1.63 %
3 Months up  23.73 %
1 YTD up  14.15 %

(*) Stock Price at the time of the recommendation.
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