Peter Everds - Seeking Alpha 'Peter Everds' Tag RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/author/peter-everds Penn West Cuts Distribution, But Does Management Have Any Credibility? http://seekingalpha.com/article/128357-penn-west-cuts-distribution-but-does-management-have-any-credibility?source=feed 128357 Bill Andrew was on BNN a few days ago day and Kurt Wollff reported:

Responding to an investor question on the call today about whether the monthly distribution of C$0.23 could be sustained at lower price, Chairman Bill Andrew was quick to reemphasize that the indicated income level is matched to an oil price of US$45 a barrel. Mr. Andrew said the distribution would still be positive at a hypothetical lasting price of $35. Interest costs magnify the sensitivity of distribution to price just as debt magnifies the sensitivity of NPV to oil price. Those concerns are moderated by hedges that assure an oil price of US$80 a barrel in 2009 for about 30% of oil production.

]]> Sun, 29 Mar 2009 07:19:06 -0400 Peter Everds Peter Everds submits:

Bill Andrew was on BNN a few days ago day and Kurt Wollff reported:

Responding to an investor question on the call today about whether the monthly distribution of C$0.23 could be sustained at lower price, Chairman Bill Andrew was quick to reemphasize that the indicated income level is matched to an oil price of US$45 a barrel. Mr. Andrew said the distribution would still be positive at a hypothetical lasting price of $35. Interest costs magnify the sensitivity of distribution to price just as debt magnifies the sensitivity of NPV to oil price. Those concerns are moderated by hedges that assure an oil price of US$80 a barrel in 2009 for about 30% of oil production.


Complete Story »]]> PWE Peter Everds Temple, Lanesborough: The Oil Sands REITS http://seekingalpha.com/article/81586-temple-lanesborough-the-oil-sands-reits?source=feed 81586 There are two Real Estate Investment Trusts that have large chunks of their business in Fort McMurray, Alberta. Temple REIT (TRLSF.PK) and Lanesborough REIT (LRTEF.PK). They are sister REITs and are run by CEO Arni Thorsteinson,

First let's take a look at Fort McMurray.

]]> Tue, 17 Jun 2008 04:11:04 -0400 Peter Everds Peter Everds submits:

There are two Real Estate Investment Trusts that have large chunks of their business in Fort McMurray, Alberta. Temple REIT (TRLSF.PK) and Lanesborough REIT (LRTEF.PK). They are sister REITs and are run by CEO Arni Thorsteinson,

First let's take a look at Fort McMurray.


Complete Story »]]> LRTEF.PK TRLSF.PK Peter Everds Harvest Energy Trust: Not Like Other Refiners http://seekingalpha.com/article/75830-harvest-energy-trust-not-like-other-refiners?source=feed 75830 Since I last wrote about Harvest Energy Trust (HTE) on December 20th, the trust is up about 14% and that does not include the distribution of roughly a point and a half a month.

]]> Tue, 06 May 2008 07:29:22 -0400 Peter Everds Peter Everds submits:

Since I last wrote about Harvest Energy Trust (HTE) on December 20th, the trust is up about 14% and that does not include the distribution of roughly a point and a half a month.


Complete Story »]]> HTE Peter Everds Investing in the Oilsands with Temple Real Estate http://seekingalpha.com/article/65267-investing-in-the-oilsands-with-temple-real-estate?source=feed 65267 Temple Real Estate (TRLSF.PK) is a Real Estate Investment Trust [REIT] that has numerous properties throughout Western Canada, in particular Fort McMurray, Alberta.

From their website:

]]> Wed, 20 Feb 2008 04:49:57 -0500 Peter Everds Peter Everds submits:

Temple Real Estate (TRLSF.PK) is a Real Estate Investment Trust [REIT] that has numerous properties throughout Western Canada, in particular Fort McMurray, Alberta.

From their website:


Complete Story »]]> TRLSF.PK Peter Everds Natural Gas Bid Positive for Canadian Royalty Trusts http://seekingalpha.com/article/64968-natural-gas-bid-positive-for-canadian-royalty-trusts?source=feed 64968 It has been an interesting year so far in Canroy (Canadian Royalty Trusts) land.

The RTEN, the Canadian Royalty Trust Index, is up a little over 4% in the new year. Since the sector is yielding a little bit more than a point a month, it is up roughly 6.5%. Obviously in this tape that is very good.

]]> Mon, 18 Feb 2008 04:27:27 -0500 Peter Everds Peter Everds submits:

It has been an interesting year so far in Canroy (Canadian Royalty Trusts) land.

The RTEN, the Canadian Royalty Trust Index, is up a little over 4% in the new year. Since the sector is yielding a little bit more than a point a month, it is up roughly 6.5%. Obviously in this tape that is very good.


Complete Story »]]> BTE HTE PWE Peter Everds Natural Gas Picture May Be Brightening http://seekingalpha.com/article/59246-natural-gas-picture-may-be-brightening?source=feed 59246 Despite Friday's bearish Natural Gas [NG] inventory report (i.e: a withdrawal of 87 bcf vs. Reuters estimates of 84bcf to 157bcf and Robry's estimate of -104.0 to 108.9), NG futures rallied to close up .17 at 7.85. This is just off the high of the day and is creeping up towards the significant $8 level.

The large storage gluts should continue to decline.

]]> Mon, 07 Jan 2008 07:28:59 -0500 Peter Everds Peter Everds submits:

Despite Friday's bearish Natural Gas [NG] inventory report (i.e: a withdrawal of 87 bcf vs. Reuters estimates of 84bcf to 157bcf and Robry's estimate of -104.0 to 108.9), NG futures rallied to close up .17 at 7.85. This is just off the high of the day and is creeping up towards the significant $8 level.

The large storage gluts should continue to decline.


Complete Story »]]> FCG UNG Peter Everds Harvest Energy Trust: Kicking Out Healthy Distribution http://seekingalpha.com/article/57943-harvest-energy-trust-kicking-out-healthy-distribution?source=feed 57943 Harvest Energy Trust (HTE) is a Canadian Royalty Trust with upstream and downstream operations.

]]> Thu, 20 Dec 2007 06:22:00 -0500 Peter Everds Peter Everds submits:

Harvest Energy Trust (HTE) is a Canadian Royalty Trust with upstream and downstream operations.


Complete Story »]]> HTE Peter Everds