Penn West is a pretty interesting company. Though it may be suffering through many problems, some investors are being recommended to invest in this company. I’d like to talk about this company and the difficult situation it’s in. At the end I think you should decide whether investing in this company would be worth it. Before we start anything I think it would only make sense if I gave some background information about this company. Penn West is an oil and natural gas production company in Canada. Currently they are located in Calgary and this is their only location. To be more specific they are located on 9th Avenue SW in Suite 200 in Penn West Plaza. There is no specific reason they have stated about why they are located in Calgary, but one …show more content…
Penn West is in a large amount of debt. They have to repay more than 2.2 billion dollars. The reason for this is mainly because of the decline in crude oil production and prices. Penn West wasn’t producing enough crude oil and the price of it was going down. They decided to take a loan to keep the company running. Unfortunately they haven’t been able to repay this loan and the amount of money needed to pay back turned very large. Shares of Penn West are down 90% over the last 52 weeks as the market becomes smaller for the company. In fact the New York Stock Exchange has informed the company it has six months to get the price of its (U.S listed) shares back above $1, or get delisted from North America’s largest stock exchange. Without a listing on the NYSE the company may not be able to make much money without investors and not be able to sell much in the U.S completely. Many investors are choosing not to invest in this company as it seems to be going on a death spiral. There is something important to think about. Penn West’s problems will probably affect Canadian oil production somehow. Refining and marketing oil is done by less than 20 Canadian oil companies. Though there may be numerous oil companies operating in Canada not all of them refine and market oil. When thinking of Penn West’s situation in this perspective you can see many pros and cons. Penn …show more content…
1 way they can solve their problem is by selling their company and starting in a different field of work. They would already have experience and would not make the mistakes they made in their previous company. For example taking too many loans and ending up in a debt. They would get a new image as this is a new company. Lastly since the company would be working in a different field, investors might invest in them and their stock price would go up. Unfortunately there are some cons to this solution. Since they are in a big debt it would be hard for them to sell the company and they would have to go through a big process. Not many people would want to buy this company as many investors think Penn West is a bad investment, so their company might be sold for very less and even after giving up everything they may not make much money. Lastly, investors might not invest in their company due to the company image they had previously. Another solution for this company could be to repay their debt by selling parts of their company. Once their debt is payed their stock price would go up and they would still be on the New York Stock Exchange. Investors would start to invest in their company more as they see the company isn’t dealing with any serious issues. Penn Wets would then be able to fully accomplish their goal. Again there are some cons to this solution. Selling parts of their company might affect how much
Slippery Rock University is located in Butler County, Pennsylvania. The school was founded in 1889 and was known as the Slippery Rock Normal school with an enrollment of 168 students. The school started out as a teacher education institution. The school then became a four-year teacher’s college after it was purchased by the Commonwealth in 1926. The main focus of education during that time was health and physical education as well as elementary and secondary education. In 1960, the institution then became known as Slippery Rock State College that offered liberal arts and other professions allowing prospective students to earn their undergrad and graduate degrees. Between 1960 and 1970, the enrollment rose significantly by 24.1% eventually becoming
However, financial situation of the firm plays a very important role in the decision of the bondholder and this company has been one of the most profitable companies America in terms of ROE, ROA ad gross profit margin. Apart from decrease in earnings and cash flow in 1997, UST had continuous increases in sales (10-year compound annual growth rate of 9%), earnings (11%) and cash flow (12%). They are generating their cash flows out of the operations. Thanks to their premium pricing, they are achieving more than average gross profit margin. So, over the years UST's revenues are stable and positive, and generally its statements are positive. The company does not have any problems with its cash flow.
Looking at the individual ratios seen in exhibit 1 and comparing it to the industry average shown in exhibit 2 gives a sense of where this company stands. Current ratio and quick ratio are really low and have been decreasing. For 1995, the current ratio is 1.15:1, which is less than the industry average of 1.60:1, however to give a better sense of where this stands in the industry, as seen in exhibit 3, it is actually less than the average of the bottom 25% of the industry. The quick ratio is 0.61 is less than the industry is 0.90. Both these ratios serve to point out the lack of cash in this company. The cash flow has been decreasing because, it takes longer to get the money from customers, but the company still needs to pay for its purchases. Also, the company couldn’t go over the $400,000 loan limit, so they were forced to stretch their cash.
In assessing Du Pont’s capital structure after the Conoco merger that significantly increased the company’s debt to equity ratio, an analyst must look at all benefits and drawbacks of a high debt ratio. The main reason why Du Pont ended up with a high debt to equity ratio after acquiring Conoco was due to the timing and price at which they bought Conoco. Du Pont ended up buying the firm at its peak, just before coal and oil prices started to fall and at a time when economic recession hurt the chemical industry of Du Pont. The additional response from analysts and Du Pont stockholders also forced Du Pont to think twice about their new expansion. The thought of bringing the debt ratio back to 25% was brought on by the fact that the company saw that high levels of capital spending were vital to the success of the firm and that high debt levels may put them at higher risk for defaulting.
As we look back on the past we need to recognise the small things, the small things with big matter. 100 years ago Lourdes Hill College, a Good Samaritan Education school, started in the year 1916. In the suburb of Hawthorn on the Bulimba Reach of the Brisbane River, at the request of Archbishop Duhig, the Good Samaritan Sisters founded the college (one of three schools that was founded at the time by the sisters). One of the most memorable features of Lourdes Hill College, The Grotto, was the first feature built in the college and will be continued to be looked up to and admired by the students at Lourdes Hill College. The values of the school, are based on three sources: The Compassion of the Good Samaritan, the patronage of Mary under
The situation I have identified is that Conestoga College Doon Campus does not offer enough healthy, yet still affordable, food options for students and faculty. This is a rhetorical situation because the situation can be changed or modified. The exigence in this situation is that many students are becoming more and more health conscious, but do not have the healthy food options that are still affordable. My audience is Jennifer Bruder, the food services director for Chartwells at Conestoga, as she is the one who could make the decision about offering more healthy food options. This is a rhetorical audience as she is the person who could make the end decision about offering more healthy options, because they are the organization
A Way for a University to be victorious, like Iowa State University, is to set several well planned goals that not only support it’s students but also there staff and alumni. Like the Strategic Plan here on campus is to “provide a high quality student life that engages students to learn, grow, and succeed as global citizens and involved alumni.” A certain place on campus that has been doing this is the Iowa State University Memorial Union. This practical and historic landmark on campus was one of the first building built here at Iowa State University. The “MU” as it may be named calls to not only to hold ISU’s plan but it also squires goals on its own, like “nurture common ground, enrich and sustain individuals lives, and remember.”
The main aspect that drew me to attend Maryville University is that it offered online courses and the enrollment advisor. Online classes allow the flexibility for me to complete course work and assignments around my family, work life and community events. Some of the roles I have are: being a mother of 6 children, attending all their activities, director of nursing for an assistive living facility, girl scout troop leader and church women board. The enrollment advisor played a huge part in choosing the program. After a brief discussion about the Family Nurse Practitioner program I wasn’t just another student they were trying to get signed up for classes but the enrollment advisor invested time in me. The enrollment advisor continued to follow
Deciding to go back to school can be life-altering, whether it is one year after you graduated or a decade after graduation. It is especially difficult for adults returning to school. There are significant challenges faced by adults which can be quite demanding. While Central Piedmont Community College is recognizing these challenges and providing non-traditional delivery methods, there are still a few areas of challenges these adult learners have to overcome. This requires a larger effort and discipline from these adults.
Emory university offers opportunities for career advancement through quality education and community networking. Emory is home to renowned professors who are dedicated to the students’ success and growth. Emory provides its students with cutting-edge research opportunities in their perspective field. While researching, the students have access to the most advanced technology. At Emory, the opportunity to learn and grow as a student are not confined to the walls of a classroom nor lab. Emory's internships are a perfect example of interactive learning. Emory grants accessibility to places such as The Center of Disease Control and Prevention, Yerkes Primate Center, and the Carter Center. Emory creates well-rounded students by combining the in-class
Everybody loves how they don’t need to pay for college because of FAFSA, will here are some things that makes it even better so we pay less. In college there are many things that student want or expect things from their college. Three criteria that colleges should have and seeing if Saint Paul College have these requirement which are free parking space, cheap school supplies, and a low interest rate on loans.
In my acceptance letter, a sentence drew my attention: the Pennsylvania State University has a tradition of excellence. The Pennsylvania State University is famous for its excellent education quality. However, a class with too much students can harm its education quality. In-soo Shin and Jae Young Chung utilizd meta analysis to conduct a research that suggests that the class size can affect the achievements of the students. According to the Penn state course schedule, the class size of basic economic classes, such as econ 102, econ 104, econ 302, econ 304,econ 106 and econ 306, ranges from about 200 to more than 300; an econ 302 class even has 690 students in the class. When the class becomes too crowded, students can’t get involved in the
Northern Dynasty Minerals Ltd. is a publically traded mineral exploration and development company that is part of the Hunter Dickinson Group based in Vancouver, British Columbia. Northern Dynasty’s only focus is the advancement of The Pebble Project, the world’s largest undeveloped gold and copper project in Alaska. With many more permitting milestones ahead, Northern Dynasty is well positioned with the support of a driving force within the mining industry, associate company, Hunter Dickinson. Within the group there are eight public companies. CEO, Ronald Thiessen, describes the group as an “incubator” of mineral resource companies. The group places one project within the company and looks after it for the shareholders for that company until they reach a decision to joint venture it...
WOODSIDE PETROLEUM is the most wanted and Australian petroleum exploration and production company. Woodside has the largest operator of oil and gas production in Australia and also Australia’s largest independent dedicated oil and gas company.] It is a public company listed on the Australian Securities Exchange and has its headquarters in Perth, Western Australia Woodside Petroleum Limited (WPL) is an independent oil and gas company with a portfolio of liquefied natural gas trains, offshore platforms, oil floating production storage and off-loading vessels. WPL produces and sells LNG, pipeline gas, oil condensate and LPG, with ITS landmark Australian project being the North West Shelf. WPL also holds interests in operating assets located in Australia and overseas.
The debt used to acquire Salomon has been an important issue for the finances of the company. Although financially storng and unlikely to default, the company needs to look into reducing its debt to increase its profitability.