Enerplus Resources Fund (USA) (NYSE:ERF)
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An energy investment trust, the primary focus of which is to maintain and enhance cash distributions to its unitholders through the development of its operating subsidiaries' existing in crude oil and natural gas properties
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Fool UK
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Positive:- High yield, low debt blue chip.- Good margins.Negative:- Dividend has to go down in the near future and although this is an expected fact it might lead to some knee jerk reaction in the stock price- If oil and gas prices go down the outlook (and again the dividend) might change but with ongoing dollar devaluation I have the impression that in the coming recession resource plays might keep up somewhat better than usual- Chart does not look good due to strong overhead resistanceYBND+