Penn West Energy Trust (USA) (PWE)
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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With the increase of oil, this Canadian oil trust has to move back into the twenties, also has a terrific dividend
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30 plus percent interest return? Not for long I fear. Besides, the felling most folks get is this rate of interest cannot be real and the stock must be junk-- which of course it is not, quite the opposite in fact. I own quite a few shares and have ridden the price up and down and in hind sight should have traded on rather substantial price swings.
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Price per barrel of oil is going down.
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High Natural Gas inventories are likely to drive prices down over the coming year unless there is a shock to the system - either in terms of supply disruption or demand creation.
Longer term, however, there are reasons to believe the demand growth will pressure natural gas prices to the upside. This could come as utilities continue to install natural gas fired plants rather than coal in order to meet carbon dioxide emission limits.
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