Author Topic: PWE - Penn West Petroleum  (Read 495186 times)

Joe689

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Re: PWE - Penn West Petroleum
« Reply #1500 on: July 29, 2019, 07:38:36 AM »
I am looking for a debt/equity restructure coming.... and unsure that will be good news.  But this ratio does not work. 

Q2 ER will not have any of that.  It would be material news, and nothing has been executed yet.   

But yes, there will be some intra-company restructuring for sure. 


SharperDingaan

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Re: PWE - Penn West Petroleum
« Reply #1501 on: July 29, 2019, 11:30:47 AM »
If they have a refinancing in the coming news, that's your debt/equity restructuring.
We expect a flurry of announcements, versus just the Q2ER.

SD

Joe689

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Re: PWE - Penn West Petroleum
« Reply #1502 on: August 02, 2019, 04:25:05 PM »
Any one recognize this new 8% holder? 

Joe689

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Re: PWE - Penn West Petroleum
« Reply #1503 on: August 16, 2019, 12:40:19 PM »
Report looked better.  Might be seeing a bottom of the business aspect.  But then again, no hedges here, so if WTI doesn't cooperate.... well you know....

PR closing got delayed again.  2nd delay.  Financing problems?