Oil Price Helps Trusts Sustain Current Rate of Distribution [View article]
Regardless of PWE's reasons for selling she is having trouble raising production and the dividend payout. An estimate by CIBC WorldMarkets places an additional 300 to 400 million a year over the next 5 years over and above the current 900 million in development drilling and exploration PWE currently expends. People are just fascinated by the dividend in this stock when more viable and profitable alternatives exist in Crescent Point Energy Trust, ARC Trust, Advantage Trust, Triliogy Trust and Daylight energy Trust where all habve raised production and payouts the last year and have strong projections going forward as well.
Most have had significant to good price appreciation over PWE on unit prices as well. this is where PWE is losing ground on total return.
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Regardless of PWE's reasons for selling she is having trouble raising production and the dividend payout.
Aug 29 12:22 pm
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All Comments by Steven Ward »Oil Price Helps Trusts Sustain Current Rate of Distribution [View article]
An estimate by CIBC WorldMarkets places an additional 300 to 400 million a year over the next 5 years over and above the current 900 million in development drilling and exploration PWE currently expends. People are just fascinated by the dividend in this stock when more viable and profitable alternatives exist in Crescent Point Energy Trust, ARC Trust, Advantage Trust, Triliogy Trust and Daylight energy Trust where all habve raised production and payouts the last year and have strong projections going forward as well.
Most have had significant to good price appreciation over PWE on unit prices as well. this is where PWE is losing ground on total return.