Drilling plans a plus for these two

PENN WEST PETROLEUM LTD. $26.84 (Toronto symbol PWT; Shares outstanding: 453.7 million; Market cap: $12.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.0%) is the new name of Penn West Energy Trust after it converted to a corporation on January 1, 2011. Penn West is… Read More

New drilling programs boost their outlook

PENN WEST ENERGY TRUST $19.68 (Toronto symbol PWT.UN; Units outstanding: 452.7 million; Market cap: $8.9 billion; SI Rating: Extra Risk; Dividend yield: 9.1%) is the largest oil and gas trust in North America. It produces an average of 163,700 barrels of oil equivalent per day… Read More

Oil & gas buys for growth and income

CRESCENT POINT ENERGY CORP. $38.44 (Toronto symbol CPG; Shares outstanding: 211.7 million; Market cap: $8.1 billion; SI Rating: Extra Risk; Dividend yield: 7.2%) produces oil and natural gas in western Canada. Its average daily production of 56,061 barrels of oil equivalent (including natural gas) is… Read More

Enerplus looks past 2011

ENERPLUS RESOURCES FUND $24.10 (Toronto symbol ERF.UN; Units outstanding: 177.1 million; Market cap: $4.3 billion; SI Rating: Extra Risk; Dividend yield: 9.0%) is one of North America’s largest oil and gas trusts. Its production is 59% natural gas and 41% oil.

In the three months ended… Read More

Higher spending in store for these trusts

ENERPLUS RESOURCES FUND $23.70 (Toronto symbol ERF.UN; Units outstanding: 176.8 million; Market cap: $4.2 billion; SI Rating: Extra Risk; Dividend yield: 9.1%) is one of North America’s largest oil and gas trusts. Its production is 60% natural gas and 40% oil.

Enerplus continues to build a.. Read More

Here’s a top fund buy for income investing

You’ll find our mutual-fund ratings (Aggressive, Conservative or Income) displayed next to every fund we recommend in our Canadian Wealth Advisor newsletter. They’re key to helping us find top-performing funds, including those that are suitable for income investing.

(To show you how our system works,… Read More

Two oil and gas trusts with steady yields

ENERPLUS RESOURCES FUND $24.50 (Toronto symbol ERF.UN; Units outstanding: 166.0 million; Market cap: $4.1 billion; SI Rating: Extra Risk) is one of North America’s largest oil and gas trusts. Its production is 60% of natural gas and 40% oil.

Enerplus continues to build a well-diversified portfolio… Read More

Guardian focuses on quality

GUARDIAN MONTHLY HIGH INCOME II FUND $10.66 (CWA Rating: Income) (GGOF
Guardian Group of Funds, Commerce Court West, Suite 4100, P.O. Box 201, Toronto, Ontario M5L 1E8. 1-800-668-5613; Web site: www.ggof.com. Available from brokers) continues to emphasize more stable real estate investment trusts (REITs) and high-quality,… Read More