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Penn West Petroleum Ltd. Message Board

  • msears99 msears99 Oct 4, 2013 9:55 PM Flag

    BXE gaining momentum...

    Breaking new 52 week high..... can PWE mount some momentum?

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    • I hope so... I added to my position when this new hyped management team took over thinking they could make something happen with all the resources PWE owns... Nothing so far, except a dividend cut and getting rid of too much staff, and I hope its not another Halcon story where the CEO was supposedly a top notch oilman and He has failed miserably...

      XEC is another story___ The started out under promising and over delivering___ Thats the difference when you have real oilmen running a real oil company...

      Sentiment: Hold

      • 1 Reply to eusdond
      • I think we have a lot of options non the table....Roberts has pledged a few times now discloser on strategy will come forth on the Q3 cc.... BXE has gained a lot of ground with the VC partnerships over the few quarters...so far Roberts says PWE will go it alone.... with the mountain of prime real estate ....he must have a plan to capitalize some big money.... Does nt make sence not to develop partnerships when your strapped for cash....but well wit and see.

 
PWE
1.71-0.02(-1.16%)Jul 2 4:02 PMEDT