Penn West Petroleum (PWE) Announces Capital Actions; Will Suspend Dividend

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UPDATE: Midstates Petroleum (MPO), Other E&Ps Gain as Oil Rallies and Shorts Cover

August 28, 2015 11:46 AM EDT

(Updated - August 28, 2015 1:29 PM EDT)

Beleaguered energy stock Midstates Petroleum (NYSE: MPO) was a notable outperformed Friday, as shares briefly jumped over 200%, extending gains after an earlier volatility halt. Over the past 12 months shares have fallen from a high near $71, opening the... More