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CALGARY, Alberta (AP) _ Penn West Petroleum Ltd. (PWE) on Thursday reported a loss of $1.2 billion in its fourth quarter.
The Calgary, Alberta-based company said it had a loss of $2.40 per share. Losses, adjusted for asset impairment costs and non-recurring costs, came to $1.73 per share.
The oil and natural gas company posted revenue of $204.5 million in the period.
For the year, the company reported that its loss widened to $1.98 billion, or $3.95 per share. Revenue was reported as $950 million.
The company's shares closed at $1.23. A year ago, they were trading at $1.64.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PWE at http://www.zacks.com/ap/PWE
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Keywords: Penn West, Earnings Report
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Penn West Energy Trust
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CODE : PWE |
ISIN : CA7078871059 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Penn West Energy Trust is a and oil producing company based in Canada. Penn West Energy Trust holds various exploration projects in Canada. Its main exploration property is SWAN HILLS in Canada. Penn West Energy Trust is listed in United States of America. Its market capitalisation is US$ 80.7 millions as of today (€ 73.8 millions). Its stock quote reached its highest recent level on May 29, 2009 at US$ 9.98, and its lowest recent point on April 01, 2020 at US$ 0.15. Penn West Energy Trust has 504 340 988 shares outstanding. |