Steven Ward

Which Energy Trusts are More Vulnerable to Distribution Cuts?

Balance sheets are important but a so so balance sheet can be maintained without serious consequence if commodity prices hold up well or production increases continue to come on stream.

Vermillion, Crescent Point, Daylight, ARC and Advantage Incine Trust as relative standouts for production increases. Vermillion has the added kicker of owning a chunk ov Verenex which is probably sitting on a 4 billion BOE oil discovery in Libya.