ARC sets a conversion date

ARC ENERGY TRUST $25.59 (Toronto symbol AET.UN; Units outstanding: 275.9 million; Market cap: $7.0 billion; TSINetwork Rating: Speculative; Dividend yield: 4.7%; www.arcresources.com) will convert to a dividend-paying corporation on January 17, 2011. It will then trade as ARC Resources Ltd. under the symbol “ARX”.

ARC has… Read More

Gains continue for ARC

ARC ENERGY TRUST $23.09 (Toronto symbol AET.UN; Units outstanding: 275.9 million; Market cap: $6.4 billion; SI Rating: Speculative; Dividend yield: 5.2%; www.arcresources.com) reports 22.7% higher revenue in the three months ended September 30, 2010, to $293.6 million from $239.2 million a year earlier. ARC’s cash… Read More

Strong quarter for ARC

ARC ENERGY TRUST $20.54 (Toronto symbol AET.UN; Units outstanding: 275.0 million; Market cap: $5.6 billion; SI Rating: Speculative; Dividend yield: 5.8%) reports 17.6% higher revenue in the three months ended June 30, 2010, to $276.7 million from $235.2 million a year earlier. Cash flow per… Read More

Pengrowth and ARC target steady payouts

ARC ENERGY TRUST $19.86 (Toronto symbol AET.UN; Units outstanding: 250.9 million; Market cap: $5.0 billion; SI Rating: Speculative; Dividend yield: 6.0%) produces oil and natural gas in western Canada. Its average daily production of 67,207 barrels of oil equivalent (including gas) is weighted 46% to… Read More

2011 tax may not hurt their distributions

PENN WEST ENERGY TRUST $21.77 (Toronto symbol PWT.UN; Units outstanding: 423.2 million; Market cap: $9.2 billion; SI Rating: Extra Risk; Dividend yield: 8.3%) is the largest oil and gas trust in North America. It produces an average of 170,164 barrels of oil equivalent per day… Read More

ARC plans to convert

ARC ENERGY TRUST $22.27 (Toronto symbol AET.UN; Units outstanding: 249.9 million; Market cap: $5.6 billion; SI Rating: Speculative; Dividend yield: 5.4%) has confirmed that it plans to convert to a dividend-paying corporation on January 1, 2011. ARC will mail its conversion plans to its unitholders,… Read More

Two oil and gas trusts with 2011 pluses

ARC ENERGY TRUST $19.84 (Toronto symbol AET.UN; Units outstanding: 235.9 million; Market cap: $4.7 billion; SI Rating: Speculative) produces oil and gas in western Canada. Its average daily production of 62,824 barrels of oil equivalent (this measurement includes natural gas) is weighted 49% to oil… Read More

ARC ENERGY TRUST $17.53 – Toronto symbol AET.UN

ARC ENERGY TRUST $17.53 (Toronto symbol AET.UN; Units outstanding: 234 million; Market cap: $4.1 billion; SI Rating: Speculative) produces oil and gas in western Canada. ARC’s average daily production of 64,325 barrels of oil equivalent (this measurement includes natural gas) is weighted 50% to oil… Read More

Three stable oil and gas trusts to buy now

These three royalty trusts have seen their revenue and cash flow fall because of lower oil and natural-gas prices. Nevertheless, with their reasonable debt and low payout ratios, all three are well positioned to withstand these lower prices — and to prosper when oil and… Read More

Thanks for your not-quite-perfect advice over the years. What am I missing with the Brompton VIP Fund? It looks like a closed-end fund trading at less than net asset value and a 16% return. Thanks.

Brompton VIP Income Fund, $6.28, symbol VIP.UN on Toronto (Units outstanding: 47.2 million; Market cap: $296.4 million), holds a portfolio of mostly income trusts, along with some common stocks and bonds.

The fund focuses on business trusts, with smaller weightings in real estate investment trusts… Read More