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Calgary-based oil and natural gas royalty trust
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ddberg (96.22) Submitted: 3/18/08 10:54 AM : Start Price: $21.64 HTE Score: -4.33
The perks of a Canadian royalty trust (double-digit dividend yield), with the added benefit of diversification in that HTE operates in the refining and marketing areas, not just exploration and extraction. Small compared to some of the behemoths (PWE, PGH). But a very solid player in an industry that stands to generate some serious cash (especially for unit holders) with oil prices at all-time highs and natural gas prices heading north.
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bowser1954 (< 20) Submitted: 3/18/08 11:24 PM
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I think the refinery makes HTE a juicy takeover target,too.
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