November 28, 2012
– Comments (1)
I am considering adding PBT or BBEP to my portfolio for some yield. I believe oil will rise in the future helping these two maintain their payout. Which of these two seems to be the better play?
PBT is expected to close down in 9-10 years. (Source: http://www.pbt-permianbasintrust.com/news_releases/12news04_20.asp). At the current price I think shareholders will lose money. A lot of trusts are like this, retail investors get sucked in by the dividend and don't pay attention to how the trust will dissolve.
Have you checked out any energy partnerships besides BBEP, for example PSE?