Enerplus Resources Fund
Toronto symbol ERF.UN, is one of North America's largest oil and gas trusts.
PENN WEST PETROLEUM LTD. $24.65 (Toronto symbol PWT; Shares outstanding: 447.6 million; Market cap: $11.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.4%) is one of North America’s largest oil and gas producers. The company produces an average of 166,135 barrels of oil equivalent per day (weighted 63% to oil and 37% to natural gas).
In the three months ended March …read more »
China Investment Corp. (CIC) has caught a lot of investors’ attention recently with a string of big purchases of commodity investments in the resource sector. CIC is the Chinese government’s “sovereign wealth fund.”
Sovereign wealth funds have been around since the 1950s. They are state-owned investment funds that are usually financed by an economic surplus. Many Middle Eastern sovereign wealth …read more »
ENERPLUS RESOURCES FUND $26.42 (Toronto symbol ERF.UN; Shares outstanding: 165.3 million; Market cap: $4.4 billion; SI Rating: Speculative) is one of North America’s largest oil and gas trusts. Production is currently weighted 60% toward natural gas and 40% to oil.
Enerplus continues to focus on building a well diversified portfolio balanced between low-risk, shorter- term assets that generate steady cash flow …read more »
Our oil and gas trust recommendations hit record highs in 2007 and 2008, mainly in line with soaring oil and gas prices. In mid-2008, oil hit a record peak of $147 U.S. a barrel. Natural gas prices reached as high as $14 U.S. per thousand cubic feet.
Oil and gas stocks have fallen since those highs. Oil is currently trading at …read more »
GUARDIAN MONTHLY HIGH INCOME II FUND $12.83 (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, long-lived resource trusts.
We still think you should diversify carefully with trusts. Emphasize those with …read more »
ENERPLUS RESOURCES FUND, $43.76 (Toronto symbol ERT.UN; SI Rating: Speculative) is one of North America’s largest oil and gas trusts.
In the three months ended June 30, 2008, Enerplus’ revenues rose 91.2%, to $741.5 million from $387.9 million. Cash flow per unit rose 52.2%, to $2.42 from $1.59. The rise in revenue and cash flow came largely from increased production and …read more »
GUARDIAN MONTHLY HIGH INCOME II FUND $15 (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, long-lived resource trusts.
We still think you should diversify carefully with trusts. Emphasize those with …read more »
GUARDIAN MONTHLY HIGH INCOME II FUND $14.34 (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 highquality, long-lived resource trusts.
We still think investors should diversify carefully with trusts, and emphasize …read more »
GUARDIAN MONTHLY HIGH INCOME II FUND $15.14 (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) emphasizes more stable real estate investment trusts (REITs), and high-quality, long-lived resource trusts.
We still think investors should diversify carefully with trusts, and emphasize those with stable …read more »
GUARDIAN MONTHLY HIGH INCOME II FUND $16.06 (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) emphasizes more stable real estate investment trusts (REITs), and high-quality, long-lived resource trusts.
We think investors should diversify carefully with trusts, and emphasize those with stable …read more »
