Penn West Energy Trust (USA) (PWE)

What a ridiculous yield......Just the dividend pretty much gurantees that you will outperform the market even without much in the way of actual price appreciation. Even from a value standpoint however, you could argue that there is still plenty of upside on the stock price at these levels also.

This Canadian oil & natural gas trust pays a hefty dividend in addition to having good reserves. The only issue is Canada's treatment of trusts, but PWE has sufficient tax credits to stall the effect of Canadian taxes until at least 2011.

This is a cheap price for this trust right now. The price of oil will rise again. The high dividend yield is a good incentive right now. Penn West is a stong enough company that even when the tax situation changes for trusts in Canada in 2011, it will still be an excellent company to own and hold on to for future growth. Think long term and you can't go wrong buying into this right now.

The markets are generally bullish on oil stocks.

As of writing, the oil price is around $60. This is a few tens above the low of $30+ at the height of the crisis.

As the industries and markets recover worldwide, oil demand should increase and along with it, oil price pressure.

This should benefit the various oil stocks around as their revenues increase.

PWE has a high dividend yield at the moment too.

13.55%.

Geeky81
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My Finance Blog : www.thegeekknows.com

10% dividend stock; correction from tax status of canadian trusts has consolidated the price and PWE now has some legs under it; eat the fat dividend and sit on the oil hedge while price creeps up

Damn you Jim Flaherty !!!

All glory to the Hypno Toad

Secure dividend

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.

Gotta have natural gas heat in Canada! Stock has been beaten down by investor fears over regulations. The stellar dividends will draw investors back once they realize that their fears were exaggerated.

mid-cap Canadian energy trusts were hammered by Government proposal (Flaherty); likely modified or rescinded for energy trusts because of comparison with MLPs in USA which have similar pass-through treatment as Royalty Trusts currently enjoy; great valuation and great yield in an industry with long term structural demand growth and limited global supply; Strategic value of North American based oil and gas fields;

This is a good income producer. It's price is over reacting to tax loss selling. Stock price may be affected in just under four years by proposed changes to Canada's tax laws as they apply to income trusts. PWE is sensitive to energy prices.

I am creating for TMF Pro.

Time to go long on this one along with my start on PDS. Fear is alive and well in these Canadian Energy trusts and the stronger ones will stick around and do nicely imho. I like a saying I've learned before about emotions and investing. Look for the following in order as increasing signs of possibly good picks when it comes to folks letting emotion get in the way of rational decision making:

(1) Apathy toward a pick when no one cares about it.
(2) Fear of a pick when people are afraid to touch it or are starting to dump.
(3) Panic when folks are running from a pick, and
(4) Anger when folks are mad at getting burned on a pick.

I would argue these trusts are somewhere in the Panic to Anger range which can be a good contrarian sign.

The dividends here even if cut support current levels as I do not see global demand shrinking several years from now without global recession.

PWE's 29%+ yield makes it a no-brainer high-yield savings account! Sure, it's oil reserves will run out eventually, but as the price of oil goes back up towards $200/bbl over the next couple years (months?), PWE's revenues, dividend, and price have nowhere to go but along for the ride - through the roof.

assuming the WORST of the implications from canada's trust-busting comes to be realized, THAT'S where PWE is currently priced. if anything goes WELL, this stock will really POP! in the meantime, a dividend north of 11%?! YEEEEEEEEEEHAAAAAAAAWWWW! wow, and i'm not even from TEXAS...

Great Monthly dividend, and they are buying up small oil and gas companys to increase their reserve base.

Canada not likely go forward with the tax on trusts.

Current price does not fully value assets.

Pen West Energy Trust (PWE) just agreed to buy Canetic Resources Trust (CNE) making PWE the largest CanRoy mega trust with production of 210,000 bbls / day. With all the oil shortages here it's good to have our neighbor to the north supplying us. They pay a pretty good dividend so you get both growth (we hope) and dividends. this is a "long haul" pick