$17.66
0.22 (+1.26%)
Penn West Energy Trust (USA) (PWE)
CAPS Rating:
The Company's direct and indirect subsidiaries and partnerships are in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and assets related thereto.

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Drastic change in crude prices have hammered this stock lately. Still has strong fundamentals and solid monthly dividend. If the stock gets too cheap look for a buyout. It is one of the largest Energy trusts in North America and with the ensuing energy crisis their reserves will remain in high demand.
Oil will rebound. Severely undervalued.
A buy at this level. I just averaged down. I still continue to think over the long term oil will remain in a bull market.