You may want to go

    Oil Trusts (PWE and PGH)

    Posted by shellysan on 12th of Nov 2008 at 09:28 pm

    You may want to go to Yahoo Finance and under Headlines, go to PWE's earnings statement today.  At least until Jan I believe it said, they will continue their divident at  $.34 per share.  That's about 27% at current price.

    I did see an oil analyst on CNBC say he thinks an entry into NGAS just under $6.00 is a favorable point.

    TD waterhouse rates both as

    Posted by cwintemute on 12th of Nov 2008 at 11:20 pm

    TD waterhouse rates both as holds, lowered price targets & forecasts initial distribution cuts of 10 - 15% in early 2009. With these Canadian trusts you have to review their hedging policies & check your crystal ball for the future $USD/$CDN  exchanges.Good luck short or longer term trading terms.

    PWE

    Posted by califman4u on 12th of Nov 2008 at 10:42 pm

    PWE pays their dividend monthly, correct?

    PWE Yes, monthly.

    Posted by shellysan on 12th of Nov 2008 at 11:17 pm

    PWE

    Yes, monthly.

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