ERF.UN
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 »





