OPEC Will Assure Oil Prices Stay in a Reasonable Range [View article]
I think your oil predictions are dead on. But HTE's 15% dividend is not guarenteed. If HTE pays out $3.50/yr but only makes $1.80/yr that dividend will eventually have to be cut. And canadian trusts will soon lose their tax advantage which will mean higher taxes leading to less profits to distribute. And why, in 4 years of rising oil & gas prices, have the majority of these canadian trust stock prices declined? If you are right about oil prices, I believe oil drillers (RIG, DO, ESV) are better plays. These guys will print money if oil stays in the $90- $120 range this year.
OPEC Will Assure Oil Prices Stay in a Reasonable Range [View article]