Penn West Energy Trust: An Underappreciated Gem - Jack Yetiv

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Penn West Energy Trust: An Underappreciated Gem
May 07, 2008 10:53 PM UTC

Jack Yetiv

Return	Risk
-16.27%	HIGH

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
PWE		05/07/08	+9.65%	05/22/08

Via Long Investment Ideas from Seeking Alpha:

Penn West (PWE) is North America's largest oil and gas royalty trust, and belongs in a group of Canadian companies ("Canroys") that pay a large percentage of their cash flow in the form of dividends to their "shareholders" (who are actually called unitholders). Although various Canroys are active in different businesses, PWE is an upstream oil and gas company with just a little bit more oil operations than gas.I believe that PWE offers compelling value that is largely UNappreciated by investors.

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