Higher output in store for these producers

PEYTO EXPLORATION & DEVELOPMENT CORP. $22.04 (Toronto symbol PEY; Shares outstanding: 133.1 million; Market cap: $2.9 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.3%; www.peyto.com) produces and explores for oil and natural gas in Alberta. The company changed its name from Peyto Energy Trust after… Read More

These former trusts are raising production

PEYTO EXPLORATION & DEVELOPMENT CORP. $19.61 (Toronto symbol PEY; Shares outstanding: 121.9 million; Market cap: $2.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.7%; www.peyto.com) is the new name of Peyto Energy Trust after it converted to a dividend-paying corporation on December 31, 2010.

Peyto produces… Read More

Exploration spending will raise output

PEYTO ENERGY TRUST $17.17 (Toronto symbol PEY.UN; Units outstanding: 121.9 million; Market cap: $2.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 8.4%; www.peyto.com) produces and explores for oil and natural gas in Alberta. Its average daily production of 23,775 barrels of oil equivalent (including natural… Read More

Post-conversion yields should hold steady

PENGROWTH ENERGY TRUST $12.42 (Toronto symbol PGF.UN; Units outstanding: 320.1 million; Market cap: $4.0 billion; SI Rating: Average; Dividend yield: 6.8%; www.pengrowth.com) produces oil and natural gas in western Canada and off the Nova Scotia coast. Its production is weighted 51% to oil and 49%… Read More

Expanded exploration will help these two

PEYTO ENERGY TRUST $15.53 (Toronto symbol PEY.UN; Units outstanding: 120.9 million; Market cap: $1.9 billion; SI Rating: Extra Risk; Dividend yield: 9.3%) produces and explores for oil and natural gas in Alberta. Its average daily production of 20,653 barrels of oil equivalent (including natural gas)… Read More

Our two new trust recommendations

PEYTO ENERGY TRUST $13.25 (Toronto symbol PEY.UN; Units outstanding: 120.9 million; Market cap: $1.6 billion; SI Rating: Extra Risk; Dividend yield: 10.9%) produces and explores for oil and gas in Alberta. Its average daily production of 19,133 barrels of oil equivalent (including natural gas) is… 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

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