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

Both gain from asset swap

CRESCENT POINT ENERGY CORP. $39.59 (Toronto symbol CPG; Shares outstanding: 202.4 million; Market cap: $8.0 billion; SI Rating: Extra Risk; Dividend yield: 7.0%) and PENN WEST ENERGY TRUST $19.30 (Toronto symbol PWT.UN; Units outstanding: 420.9 million; Market cap: $8.1 billion; SI Rating: Extra Risk; Dividend… 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