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Penn West Petroleum Ltd. Message Board

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  • rebmunsordagova rebmunsordagova Nov 25, 2007 9:27 AM Flag

    bmo upgrade makes sense,target $38

    Please show me the reference to PWE since I only found this:

    << Royalty Trusts
    � The S&P/TSX Canadian Energy Trust Index dropped 4.3%, while the
    S&P/TSX E&P Index decreased 5.5%. Year to date, the Energy Trust Index is
    down 0.2%, compared to a 3.9% increase for the E&P Index and a 6.9%>>
    increase for the S&P/TSX Composite.
    � WTI crude oil ended the week at US$93.43/b (C$91.98), a decrease of 2.1%
    over last week�s close. WTI crude oil has averaged US$68.36/b over the past 12
    months and US$69.44/b year to date. AECO natural gas closed the week at
    C$6.15/mcf, an increase of 11.7% from last week. AECO has averaged
    C$6.58/mcf over the past 12 months and $6.46/mcf year to date.
    � We have Outperform ratings on AET, BNP, BTE, COS, CPG, ERF, NAE and
    PGX. We are currently restricted on CNE and PWT.

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    • Call or email Gordon.Tait@bmo.com CFA 403-515-1501. if you are not a client.They may have been an underwriter for Vault or Canetic which could explain current restriction.Reference comes from BMO Capital markets. reasearch site.Client access only.

 
PWE
0.83+0.04(+5.06%)Feb 12 4:02 PMEST