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Penn West Petroleum Ltd (NYSE:PWE)
Non-Recurring Items
$-359 Mil (TTM As of Mar. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Penn West Petroleum Ltd's non-recurring items for the three months ended in Mar. 2014 was $-157 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2014 was $-359 Mil.

As of today, Penn West Petroleum Ltd's share price is $7.12. Penn West Petroleum Ltd's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2014 was $-1.56. Therefore, Penn West Petroleum Ltd's P/E (NRI) ratio for today is .


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Penn West Petroleum Ltd Non-Recurring Items for the trailing twelve months (TTM) ended in Mar. 2014 was -74.0384615385 (Jun. 2013 ) + 0 (Sep. 2013 ) + -127.970749543 (Dec. 2013 ) + -157.415832575 (Mar. 2014 ) = $-359 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Penn West Petroleum Ltd's P/E (NRI) Ratio for today is calculated as

P/E (NRI)=Share Price/Earnings per share without Non-Recurring Items
=7.12/-1.56296604633
=

Penn West Petroleum Ltd's Share Price of today is $7.12.
Penn West Petroleum Ltd's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2014 was -0.0769230769231 (Jun. 2013 ) + 0.0579150579151 (Sep. 2013 ) + -1.36197440585 (Dec. 2013 ) + -0.181983621474 (Mar. 2014 ) = $-1.56.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Penn West Petroleum Ltd Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income -14-31442-1590000389-128

Penn West Petroleum Ltd Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Non Operating Income 880-630389-98-740-128-157
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