Posted by highnote on 16th of Feb 2009 at 02:20 pm
I own 4 of the different Canadian gas & oil trusts including
HTE, AAV, PWE and PVX. They have provided a nice income but
not only is their stock price down, most have cut their
dividend price (some of them more than once). They are paying
good rates of return and I would imagine that one of these
days the stock price will go up when oil goes back up. Maybe
they are close to their bottoms but it looks like oil will be weak
in 2009. AAV is more a play on Natural Gas - that keeps
falling too! Today nat gas is down another 1%!!
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I own 4 of the
Canadian Oil Trusts
Posted by highnote on 16th of Feb 2009 at 02:20 pm
I own 4 of the different Canadian gas & oil trusts including HTE, AAV, PWE and PVX. They have provided a nice income but not only is their stock price down, most have cut their dividend price (some of them more than once). They are paying good rates of return and I would imagine that one of these days the stock price will go up when oil goes back up. Maybe they are close to their bottoms but it looks like oil will be weak in 2009. AAV is more a play on Natural Gas - that keeps falling too! Today nat gas is down another 1%!!