March 15, 2017 / 4:28 PM / in 5 months

BUZZ-Penn West Petroleum Ltd: Biggest intraday pct gain in 3 months

** U.S.-listed shares of Penn West Petroleum Ltd rise as much as 8.4 pct to $1.55, biggest intraday pct gain in more than 3 months

** Company raises FY 2017 avg production forecast to 30,500–31,500 boe/day, up from its previous forecast of 27,000-29,000 boe/day

** Q4 funds flow from operations rise 23 pct to C$48 mln or 10 Canadian cents/shr

** Toronto-listed shares of the oil and gas producer up 8.3 pct at C$2.1

** Company plans to self-fund 2017 capital program of C$180 mln, raised its budget by 20 pct in Jan

** Up to Tuesday's close, U.S-listed shares of Penn West had gained nearly 49 pct in the last 12 months

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below