Yes the dividends are at risk even after some have cut them if
oil and gas prices continue to decline. Although some trusts have
hedged their production at higher prices and some are low cost
producers which are still making profits in this environment and
will do so even if the price of oil goes to $30. Like Peyto for
example, who have maintained their dividends so far.
I have been buying at these levels and will add the remainder of
my allocation if we go lower still, I also am looking to buy
renewable energy ETF's or individual companies like FSLR and Yingli
etc.
For those interested in gaining further knowledge who are unable
to put the time and resources into it themselves, (like me) could
sign up to
http://www.canadianedge.com/
Dividends at risk
Canadian Oil Trusts
Posted by saturn6 on 17th of Feb 2009 at 06:34 am
Yes the dividends are at risk even after some have cut them if oil and gas prices continue to decline. Although some trusts have hedged their production at higher prices and some are low cost producers which are still making profits in this environment and will do so even if the price of oil goes to $30. Like Peyto for example, who have maintained their dividends so far.
I have been buying at these levels and will add the remainder of my allocation if we go lower still, I also am looking to buy renewable energy ETF's or individual companies like FSLR and Yingli etc.
For those interested in gaining further knowledge who are unable to put the time and resources into it themselves, (like me) could sign up to http://www.canadianedge.com/
Flash Alert
Unloved Energy
http://stockcharts.com/h-sc/ui?s=ERF/UN.TO&p=D&b=5&g=0&id=p38214946092&a=159515960
Title: trusts Are the trusts in
Posted by califman4u on 17th of Feb 2009 at 08:02 am
Are the trusts in your stockcharts the ones you like the most Saturn?
Yes, they are he ones
Posted by saturn6 on 17th of Feb 2009 at 08:36 am
Yes, they are he ones I liked the most when I bought them.