Financial Statements for Penn West Petroleum Ltd

Search Images Maps Play YouTube News Gmail Drive More »

Help | Sign in

Recent Quotes (30 days)

You have no recent quotes

chg | %

Penn West Petroleum Ltd financials

Watch this stock

Income Statement

Balance Sheet

Cash Flow

View: Quarterly Data | Annual Data

Hide charts

In Millions of CAD (except for per share items)	3 months ending 2013-03-31	3 months ending 2012-12-31	3 months ending 2012-09-30	3 months ending 2012-06-30	3 months ending 2012-03-31
Revenue	577.00	647.00	642.00	623.00	728.00
Other Revenue, Total	-65.00	18.00	-99.00	367.00	-82.00
Total Revenue	512.00	665.00	543.00	990.00	646.00
Cost of Revenue, Total	225.00	250.00	255.00	262.00	281.00
Gross Profit	352.00	397.00	387.00	361.00	447.00
Selling/General/Admin. Expenses, Total	51.00	34.00	58.00	14.00	56.00
Research & Development	0.00	15.00	1.00	0.00	1.00
Depreciation/Amortization	279.00	598.00	309.00	306.00	312.00
Interest Expense(Income) - Net Operating	-	-	-	-	-
Unusual Expense (Income)	0.00	-266.00	-10.00	-23.00	-72.00
Other Operating Expenses, Total	11.00	22.00	11.00	10.00	11.00
Total Operating Expense	635.00	733.00	639.00	672.00	563.00
Operating Income	-123.00	-68.00	-96.00	318.00	83.00
Interest Income(Expense), Net Non-Operating	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other, Net	-	-	-	-	-
Income Before Tax	-123.00	-68.00	-96.00	318.00	83.00
Income After Tax	-97.00	-53.00	-67.00	235.00	59.00
Minority Interest	-	-	-	-	-
Equity In Affiliates	-	-	-	-	-
Net Income Before Extra. Items	-97.00	-53.00	-67.00	235.00	59.00
Accounting Change	-	-	-	-	-
Discontinued Operations	-	-	-	-	-
Extraordinary Item	-	-	-	-	-
Net Income	-97.00	-53.00	-67.00	235.00	59.00
Preferred Dividends	-	-	-	-	-
Income Available to Common Excl. Extra Items	-97.00	-53.00	-67.00	235.00	59.00
Income Available to Common Incl. Extra Items	-97.00	-53.00	-67.00	235.00	59.00
Basic Weighted Average Shares	-	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-	-
Dilution Adjustment	0.00	0.00	0.00	-	-
Diluted Weighted Average Shares	481.70	478.90	476.50	474.40	472.90
Diluted EPS Excluding Extraordinary Items	-0.20	-0.11	-0.14	0.50	0.12
Diluted EPS Including Extraordinary Items	-	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.27	0.27	0.27	0.27	0.27
Gross Dividends - Common Stock	-	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-	-
Depreciation, Supplemental	-	-	-	-	-
Total Special Items	-	-	-	-	-
Normalized Income Before Taxes	-	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-	-
Normalized Income After Taxes	-	-	-	-	-
Normalized Income Avail to Common	-	-	-	-	-
Basic Normalized EPS	-	-	-	-	-
Diluted Normalized EPS	-0.20	-0.47	-0.15	0.46	0.02

In Millions of CAD (except for per share items)	12 months ending 2012-12-31	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31
Revenue	2,640.00	3,006.00	2,509.00	2,364.00
Other Revenue, Total	204.00	-55.00	3.00	-210.00
Total Revenue	2,844.00	2,951.00	2,512.00	2,154.00
Cost of Revenue, Total	1,048.00	1,065.00	977.00	1,013.00
Gross Profit	1,592.00	1,941.00	1,532.00	1,351.00
Selling/General/Admin. Expenses, Total	162.00	226.00	304.00	168.00
Research & Development	17.00	15.00	1.00	-
Depreciation/Amortization	1,525.00	1,158.00	1,169.00	1,514.00
Interest Expense(Income) - Net Operating	-	-	-	-
Unusual Expense (Income)	-371.00	-172.00	-1,082.00	-
Other Operating Expenses, Total	54.00	45.00	44.00	42.00
Total Operating Expense	2,607.00	2,540.00	1,503.00	2,676.00
Operating Income	237.00	411.00	1,009.00	-522.00
Interest Income(Expense), Net Non-Operating	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-
Other, Net	-	-	-	-
Income Before Tax	237.00	411.00	1,009.00	-522.00
Income After Tax	174.00	638.00	1,110.00	-144.00
Minority Interest	-	-	-	-
Equity In Affiliates	-	-	-	-
Net Income Before Extra. Items	174.00	638.00	1,110.00	-144.00
Accounting Change	-	-	-	-
Discontinued Operations	-	-	-	-
Extraordinary Item	-	-	-	-
Net Income	174.00	638.00	1,110.00	-144.00
Preferred Dividends	-	-	-	-
Income Available to Common Excl. Extra Items	174.00	638.00	1,110.00	-144.00
Income Available to Common Incl. Extra Items	174.00	638.00	1,110.00	-144.00
Basic Weighted Average Shares	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-
Dilution Adjustment	0.00	0.00	10.00	0.00
Diluted Weighted Average Shares	475.81	467.45	451.60	412.95
Diluted EPS Excluding Extraordinary Items	0.37	1.36	2.48	-0.35
Diluted EPS Including Extraordinary Items	-	-	-	-
Dividends per Share - Common Stock Primary Issue	1.08	1.08	1.56	2.04
Gross Dividends - Common Stock	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-
Depreciation, Supplemental	-	-	-	-
Total Special Items	-	-	-	-
Normalized Income Before Taxes	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-
Normalized Income After Taxes	-	-	-	-
Normalized Income Avail to Common	-	-	-	-
Basic Normalized EPS	-	-	-	-
Diluted Normalized EPS	-0.14	1.13	0.92	-0.35

In Millions of CAD (except for per share items)	As of 2013-03-31	As of 2012-12-31	As of 2012-09-30	As of 2012-06-30	As of 2012-03-31
Cash & Equivalents	-	-	-	-	-
Short Term Investments	-	-	-	-	-
Cash and Short Term Investments	-	-	-	-	-
Accounts Receivable - Trade, Net	435.00	364.00	447.00	379.00	484.00
Receivables - Other	-	-	-	-	-
Total Receivables, Net	435.00	364.00	447.00	379.00	484.00
Total Inventory	-	-	-	-	-
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	280.00	342.00	390.00	463.00	191.00
Total Current Assets	715.00	706.00	837.00	842.00	675.00
Property/Plant/Equipment, Total - Gross	20,870.00	20,407.00	21,707.00	21,270.00	20,922.00
Accumulated Depreciation, Total	-9,185.00	-8,906.00	-9,063.00	-8,770.00	-8,472.00
Goodwill, Net	2,020.00	2,020.00	2,020.00	2,020.00	2,020.00
Intangibles, Net	-	-	-	-	-
Long Term Investments	-	-	-	-	-
Other Long Term Assets, Total	247.00	264.00	337.00	401.00	560.00
Total Assets	14,667.00	14,491.00	15,838.00	15,763.00	15,705.00
Accounts Payable	-	-	-	-	-
Accrued Expenses	-	-	-	-	-
Notes Payable/Short Term Debt	0.00	0.00	0.00	0.00	0.00
Current Port. of LT Debt/Capital Leases	5.00	5.00	-	-	-
Other Current liabilities, Total	151.00	138.00	148.00	138.00	297.00
Total Current Liabilities	1,024.00	907.00	902.00	887.00	1,333.00
Long Term Debt	2,957.00	2,685.00	3,935.00	3,691.00	3,397.00
Capital Lease Obligations	-	-	-	-	-
Total Long Term Debt	2,957.00	2,685.00	3,935.00	3,691.00	3,397.00
Total Debt	2,962.00	2,690.00	3,935.00	3,691.00	3,397.00
Deferred Income Tax	1,324.00	1,350.00	1,365.00	1,394.00	1,311.00
Minority Interest	-	-	-	-	-
Other Liabilities, Total	682.00	675.00	613.00	610.00	627.00
Total Liabilities	5,987.00	5,617.00	6,815.00	6,582.00	6,668.00
Redeemable Preferred Stock, Total	-	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-	-
Common Stock, Total	9,021.00	8,985.00	8,950.00	8,917.00	8,884.00
Additional Paid-In Capital	-	-	-	-	-
Retained Earnings (Accumulated Deficit)	-341.00	-111.00	73.00	264.00	153.00
Treasury Stock - Common	-	-	-	-	-
Other Equity, Total	-	-	-	-	-
Total Equity	8,680.00	8,874.00	9,023.00	9,181.00	9,037.00
Total Liabilities & Shareholders' Equity	14,667.00	14,491.00	15,838.00	15,763.00	15,705.00
Shares Outs - Common Stock Primary Issue	-	-	-	-	-
Total Common Shares Outstanding	482.22	479.26	476.80	474.59	472.90

In Millions of CAD (except for per share items)	As of 2012-12-31	As of 2011-12-31	As of 2010-12-31	As of 2009-12-31
Cash & Equivalents	-	-	-	-
Short Term Investments	-	-	-	-
Cash and Short Term Investments	-	-	-	-
Accounts Receivable - Trade, Net	364.00	486.00	386.00	93.00
Receivables - Other	-	-	-	-
Total Receivables, Net	364.00	486.00	386.00	367.00
Total Inventory	-	-	-	31.00
Prepaid Expenses	-	-	-	70.00
Other Current Assets, Total	342.00	379.00	110.00	41.00
Total Current Assets	706.00	865.00	496.00	509.00
Property/Plant/Equipment, Total - Gross	20,407.00	20,653.00	18,682.00	17,929.00
Accumulated Depreciation, Total	-8,906.00	-8,342.00	-7,336.00	-6,582.00
Goodwill, Net	2,020.00	2,020.00	2,020.00	2,020.00
Intangibles, Net	-	-	-	-
Long Term Investments	-	-	-	-
Other Long Term Assets, Total	264.00	388.00	681.00	0.00
Total Assets	14,491.00	15,584.00	14,543.00	13,876.00
Accounts Payable	-	-	-	149.00
Accrued Expenses	-	-	-	253.00
Notes Payable/Short Term Debt	0.00	0.00	0.00	0.00
Current Port. of LT Debt/Capital Leases	5.00	0.00	255.00	-
Other Current liabilities, Total	138.00	241.00	126.00	306.00
Total Current Liabilities	907.00	1,349.00	1,291.00	708.00
Long Term Debt	2,685.00	3,219.00	2,496.00	3,492.00
Capital Lease Obligations	-	-	-	-
Total Long Term Debt	2,685.00	3,219.00	2,496.00	3,492.00
Total Debt	2,690.00	3,219.00	2,751.00	3,492.00
Deferred Income Tax	1,350.00	1,287.00	1,452.00	1,169.00
Minority Interest	-	-	-	-
Other Liabilities, Total	675.00	662.00	744.00	589.00
Total Liabilities	5,617.00	6,517.00	5,983.00	5,958.00
Redeemable Preferred Stock, Total	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-
Common Stock, Total	8,985.00	8,840.00	9,170.00	8,451.00
Additional Paid-In Capital	-	-	-	123.00
Retained Earnings (Accumulated Deficit)	-111.00	227.00	-610.00	-656.00
Treasury Stock - Common	-	-	-	-
Other Equity, Total	-	-	-	-
Total Equity	8,874.00	9,067.00	8,560.00	7,918.00
Total Liabilities & Shareholders' Equity	14,491.00	15,584.00	14,543.00	13,876.00
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	479.26	471.37	459.68	421.64

In Millions of CAD (except for per share items)	3 months ending 2013-03-31	12 months ending 2012-12-31	9 months ending 2012-09-30	6 months ending 2012-06-30	3 months ending 2012-03-31
Net Income/Starting Line	-97.00	174.00	227.00	294.00	59.00
Depreciation/Depletion	279.00	1,525.00	927.00	618.00	312.00
Amortization	-	-	-	-	-
Deferred Taxes	-26.00	63.00	78.00	107.00	24.00
Non-Cash Items	93.00	-606.00	-339.00	-449.00	-82.00
Changes in Working Capital	7.00	37.00	-141.00	-56.00	-79.00
Cash from Operating Activities	256.00	1,193.00	752.00	514.00	234.00
Capital Expenditures	-427.00	-1,752.00	-1,404.00	-989.00	-660.00
Other Investing Cash Flow Items, Total	27.00	1,447.00	175.00	202.00	314.00
Cash from Investing Activities	-400.00	-305.00	-1,229.00	-787.00	-346.00
Financing Cash Flow Items	-	-	-	-	-
Total Cash Dividends Paid	-101.00	-395.00	-297.00	-199.00	-100.00
Issuance (Retirement) of Stock, Net	2.00	3.00	3.00	3.00	3.00
Issuance (Retirement) of Debt, Net	243.00	-496.00	771.00	469.00	209.00
Cash from Financing Activities	144.00	-888.00	477.00	273.00	112.00
Foreign Exchange Effects	-	-	-	-	-
Net Change in Cash	0.00	0.00	0.00	0.00	0.00
Cash Interest Paid, Supplemental	-	204.00	-	-	-
Cash Taxes Paid, Supplemental	-	0.00	-	-	-

In Millions of CAD (except for per share items)	12 months ending 2012-12-31	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31
Net Income/Starting Line	174.00	638.00	1,110.00	-144.00
Depreciation/Depletion	1,525.00	1,158.00	1,169.00	1,556.00
Amortization	-	-	-	-
Deferred Taxes	63.00	-227.00	-101.00	-378.00
Non-Cash Items	-606.00	-113.00	-1,046.00	394.00
Changes in Working Capital	37.00	-49.00	85.00	-27.00
Cash from Operating Activities	1,193.00	1,407.00	1,217.00	1,401.00
Capital Expenditures	-1,752.00	-1,984.00	-1,739.00	-720.00
Other Investing Cash Flow Items, Total	1,447.00	351.00	1,218.00	322.00
Cash from Investing Activities	-305.00	-1,633.00	-521.00	-398.00
Financing Cash Flow Items	-	-	-	-
Total Cash Dividends Paid	-395.00	-328.00	-591.00	-799.00
Issuance (Retirement) of Stock, Net	3.00	161.00	557.00	280.00
Issuance (Retirement) of Debt, Net	-496.00	393.00	-662.00	-484.00
Cash from Financing Activities	-888.00	226.00	-696.00	-1,003.00
Foreign Exchange Effects	-	-	-	-
Net Change in Cash	0.00	0.00	0.00	0.00
Cash Interest Paid, Supplemental	204.00	189.00	147.00	147.00
Cash Taxes Paid, Supplemental	0.00	0.00	-1.00	-3.00