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GuruFocus has detected 3 Warning Signs with Penn West Petroleum Ltd $PWE.
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Penn West Petroleum Ltd (NYSE:PWE)
EV-to-EBITDA
-5.92 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Penn West Petroleum Ltd's enterprise value is $1,084.8 Mil. Penn West Petroleum Ltd's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2017 was $-183.3 Mil. Therefore, Penn West Petroleum Ltd's EV/EBITDA ratio for today is -5.92.

PWE' s EV-to-EBITDA Range Over the Past 10 Years
Min: -13.6   Max: 16.8
Current: -6

-13.6
16.8

During the past 13 years, the highest EV/EBITDA Ratio of Penn West Petroleum Ltd was 16.80. The lowest was -13.60. And the median was 6.00.

PWE's EV-to-EBITDA is ranked lower than
99.99% of the 399 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 12.98 vs. PWE: -6.00 )

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

As of today, Penn West Petroleum Ltd's stock price is $1.58. Penn West Petroleum Ltd's earnings per share for the trailing twelve months (TTM) ended in Mar. 2017 was $-0.87. Therefore, Penn West Petroleum Ltd's P/E Ratio for today is .

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Penn West Petroleum Ltd's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=1084.759/-183.311206108
=-5.92

Penn West Petroleum Ltd's current Enterprise Value is $1,084.8 Mil.
Penn West Petroleum Ltd's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2017 was 58.9421436327 (Jun. 2016 ) + -123.588648154 (Sep. 2016 ) + -178.424169728 (Dec. 2016 ) + 59.7594681407 (Mar. 2017 ) = $-183.3 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

Penn West Petroleum Ltd's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=1.58/-0.867575488466
=

Penn West Petroleum Ltd's share price for today is $1.58.
Penn West Petroleum Ltd's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2017 was -0.201644175586 (Jun. 2016 ) + -0.350930729326 (Sep. 2016 ) + -0.352350251143 (Dec. 2016 ) + 0.037349667588 (Mar. 2017 ) = $-0.87.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Penn West Petroleum Ltd Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 6.612.989.475.727.064.107.74-12.01-3.43-6.32

Penn West Petroleum Ltd Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebitda -12.01-6.91-4.65-2.79-3.43-3.89-1.88-1.77-6.320.00
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