Crescent’s production soars

CRESCENT POINT ENERGY CORP. $43.50 (Toronto symbol CPG; Shares outstanding: 238.7 million; Market cap: $12.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.3%; www.crescentpointenergy.com) produces oil and natural gas in western Canada. The shares yield a high 6.3%.

In the three months ended March 31, 2011,… Read More

Two energy buys for growth and income

ARC RESOURCES LTD. $26.34 (Toronto symbol ARX; Shares outstanding: 275.9 million; Market cap: $7.3 billion; TSINetwork Rating: Speculative; Dividend yield: 4.6%; www.arcresources.com) produces oil and natural gas in western Canada. Its average daily production of 84,686 barrels of oil equivalent (including gas) is weighted 61%… Read More

Oil & gas buys for growth and income

CRESCENT POINT ENERGY CORP. $38.44 (Toronto symbol CPG; Shares outstanding: 211.7 million; Market cap: $8.1 billion; SI Rating: Extra Risk; Dividend yield: 7.2%) produces oil and natural gas in western Canada. Its average daily production of 56,061 barrels of oil equivalent (including natural gas) is… 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

I own the following trusts: Crescent Point Energy Trust, Canadian Oil Sands Trust Canadian REIT, Pembina Pipeline Income Fund and Labrador Iron Ore Royalty Income Fund. What is your advice on these trusts?

Canadian REIT and Pembina Pipeline Income Fund are both recommendations of our Canadian Wealth Advisor newsletter. We see them both as buys. Crescent Point Energy Trust recently converted itself into a conventional corporation. Its new name is Crescent Point Energy Corp. (symbol CPG on Toronto)… Read More