Penn West Petroleum Ltd., the third-worst performing Canadian oil and gas producer in the past year, said Murray Nunns will step down as chief executive officer as the company cuts costs and considers asset sales.

Penn West Petroleum Ltd. has just become the biggest �show me� stock in Canada's oil patch. With a new chairman at the helm and a new chief executive officer coming aboard June 19, the Calgary-based company must now prove to the market that change ...

Penn West Petroleum Ltd. is overhauling its finances, chopping jobs and bringing in new leadership, joining a growing list of Canadian energy companies that are rewriting their strategies in an effort to boost flagging returns.

Penn West Petroleum Ltd logo Penn West Petroleum Ltd (TSE: PWT)'s stock had its �sector perform� rating restated by CIBC in a research note issued on Thursday, Stock Ratings Network.

The Canadian oil producer, Penn West Petroleum Ltd (USA) (NYSE:PWE) picked a new CEO and board leadership and, the previous week, declared it will explore options to boost returns, after a 2 year stock drop left the energy company trading at a 42% ...

On May 6, Penn West Petroleum Ltd. announced that former Suncor CEO Rick George and former Canadian Natural Resources board chair Allan Markin were joining its board in the respective roles of board chair and vice-chair.

In trading on Friday, shares of Penn West Petroleum Ltd (NYSE: PWE) crossed above their 200 day moving average of $11.33, changing hands as high as $11.37 per share.

Penn West Petroleum Ltd. said it plans to review all staffing levels in a bid to cut costs and expects to cut 10% of its workforce over the next few weeks.

Penn West Petroleum Ltd., the Canadian oil producer that recently overhauled management, is poised to boost a valuation that's more depressed than 99 percent of peers by breaking up.

Penn West Petroleum Ltd logo TD Securities reiterated their hold rating on shares of Penn West Petroleum Ltd (TSE: PWT) in a research note released on Thursday morning, Analyst Ratings Network reports.