Penn West Petroleum (PWE) Misses Q4 EPS by 37c

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Go back to Penn West Petroleum (PWE) Misses Q4 EPS by 37c

Penn West Announces its Financial and Operational Results for the Year Ended December 31, 2016 and 2016 Reserves Results

March 15, 2017 6:00 AM EDT

CALGARY, March 15, 2017 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX PWT; NYSE PWE) ("Penn West", the "Company", "we", "us" or "our") is pleased to announce financial and operational results for the year ended December 31, 2016, along with year-end 2016 reserves results.

"2016 was a year of reshaping and rebuilding for Penn West as we examined every aspect of our business to ensure we are well structured to thrive in today's commodity price environment," commented David French, President and Chief Executive Officer.

"Throughout 2016 we focused our efforts on three things. First, we simplified our balance... More