Penn West Petroleum Ltd. - Teaching Note |
作者姓名:Martin Persson; Vaughan S. Radcliffe; Mitchell Stein; Hammad Siddiqui |
商品類型: | 商品編號:8B15B007 |
出版日期:2015/07/31 | 內容長度:12 頁 |
Teaching note for product 9B15B007.
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Penn West Petroleum Ltd. |
作者姓名:Martin Persson; Vaughan S. Radcliffe; Mitchell Stein; Hammad Siddiqui; |
商品類型:Case (Pub Mat) | 商品編號:9B15B007 |
出版日期:2015/07/31 | 內容長度:17 頁 |
Penn West Petroleum Ltd. (Penn West), a large Canadian oil company, made multiple acquisitions that led to a buildup of goodwill (i.e., the purchase price was higher than the net book value of the acquisitions). When the economic environment worsened, there was concern that this goodwill had been impaired. The concern deepened as economic factors improved but Penn West’s stock performance continued to be poor, indicating that the market believed that .....more
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