Penn West Petroleum Ltd. (NYSE:PWE)

Canadian tar sands will be a good bet with oil @$90.00

i'm a sucker for canadians paying big dividends. plus it looks like a safe way for me to get into oil and gas stocks, wich i generally stay away from because i know nothing about it.

Oil will go up, the tax problem will settle. This company is owned by Fairholme FAIRX no bush league stock pickers

Time is a friend of a wonderful company.
At the bottom of the bear market in October 1974 a Forbes article interviewed Buffett. Buffett, for the first time in his life, made public prediction about the stock market.

"How do you feel? Forbes asked.

"Like an oversexed guy in a whorehouse. Now is the time to invest and get rich."
Penn West Energy Trust is wonderful indeed.
contrarian investing produces great results. Seeing wonderful companies when they're down is a skill few possess. It's easy to go with the crowd. Going against them and being right is true skill.

Canada's largest Royalty Trust for oil/gas. huge divy. Undeveloped land.Management scooping up smaller in difficult tax enviroment. Polls be danged!!! OIL patch!!!!!!!!!!!

Oil and gas from outside the US but close by will makes this a real value. Once the Canadian Tax thing is worked out, it will rise significantly. A good port in this storm.

gotta have divs

Trading at a discount, Great dividend; energy will continue to rise in value.

The price tumult was the result of slightly sagging financials that served to facilitate two new acquisitions. The yield is great and I see lots of potential price upside.

Best stock ideas 2008

Penn West Energy Trust (Trust) is an open-ended investment trust. The Trust�s principal undertaking is to issue Trust Units, and to acquire and hold securities of subsidiaries, trusts and partnerships, net profits interests (NPI), royalties, notes and other interests. Its direct and indirect subsidiaries and partnerships carry on the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and assets related thereto. Penn West Petroleum Ltd. is actively engaged in the business of oil and natural gas exploitation, development, acquisition and production in Canada. The Trust is the sole shareholder of Penn West Petroleum Ltd. The Trust is a party to NPI Agreements with Penn West Petroleum Ltd. and Petrofund Ventures Trust, pursuant to which the Trust has the right to receive the NPIs on petroleum and natural gas rights held by Penn West Petroleum Ltd. and Petrofund Ventures Trust from time to time.

This Canadian stock pays a 15.6% dividend before (and 13.3 after taxes). Price is artificially low due to politicians playing games with the tax structure in Canada (a politician is a politician, no matter where they are!) and a not-yet-accretive acquisition that Penn West will finalize in the next month. Dividend and a stock price play rolled into one, IMHO.

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.

I'm a buyer here with real money. I purchased more today on the pull back at $25.58. I also own CNE which PWE is acquiring. The monthly dividend appears to be safe, which is a big plus going into uncertain times in 2008. I expect this stock to hang aroun the $25 to $27 dollar range for a year or so, then it should trend up once they absorbe CNE.

Great dividend play with oil pulling back, good time to limp in.

15.67% Yield. Paid monthly!. I rest my Case .

Penn West in the past year has not changed anything major with respect to their focus and their major holdings. They are advancing at a slightly slower pace then originally expected, but they are getting stronger and stronger. The recent merge of Canetic makes this company the largest Energy Trust in Canada. And now has over 210,000 boe/d production. They are the trailblazers with CO2 injection which has won them awards from environmental agencies, and that area of the company continues to grow. The stock has been hit hard with governmental regulations the last two years, but the company has the same assets (before Canetic) and more cash flow than it did before then. The distributions have never been lowered and sit at $0.34 a unit. Alot of other comapnies in the are have been forced to, but PennWest is strong enough to battle through all the Canadian government can throw at them. With the stock at $26.00 range, you are technically making about 15% annual profit if the stock price doesnt even move because of the monthly distributions. The company is basically paying you to be patient with them, while they figure out the government and Canetic merger issues. Sounds good to me!

Probably the best priced of the oil and natural gas giants and with the unbeatable dividend yield it pays to own this one for the long-term. Growth with excellent income

Great dividend stock, at least until 2010 or so when Canada may instate new tax laws.