Penn West Petroleum is engaged in the acquisition, exploration, development and production of petroleum and natural gas properties in Canada. As of Dec 31 2012, Co.'s gross proven developed and undeveloped reserves for oil and gas was 445 million barrels of oil equivalent (net: 384 million barrels of oil equivalent). The OBE stock yearly return is shown above.
The yearly return on the OBE stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the OBE annual return calculation with any dividends reinvested as applicable (on ex-dates).
|