PENN WEST EGY (PWE) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of PENN WEST EGY (PWE) from NEUTRAL to OUTPERFORM on October 15, 2012, with a target price of $16.90.

PENN WEST ENERGY TRUST is a senior oil and natural gas energy trust based in Calgary, Alberta. Penn West trust units and debentures are listed on the Toronto Stock Exchange under the symbols PWT.UN, PWT.DB.A, PWT.DB.B, PWT.DB.C, PWT.DB.D, PWT.DB.E and PWT.DB.F and Penn West trust units are listed on the New York Stock Exchange under the symbol PWE.

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