BUY ON WEAKNESS
You have to have a 3-year view on this. He would prefer it at $30. Likelihood of increasing dividends.
investment companies / funds
SELL
Has been the subject of her recent takeover from Abu Dhabi’s Taqa. It is almost trading at the deal price. Holding it for the next couple of months will give you a limited distribution. There is a slight bit of deal risk because of Alberta’s royalty review. He suggests you take your profits and run.
investment companies / funds
COMMENT
Abu Dhabi National Energy is acquiring this company, which is a positive. Other trusts could also be targeted. 2 of his favourites Focus Energy (FET.UN-T) and Progress Energy (PGX.UN-T) are possibilities.
investment companies / funds
WEAK BUY
Acquired Shiningbank (SHN.UN-T). Yields are approaching 14%. Wonders about production profile going forward but the acquisition should help. If you are confident on natural gas prices remaining solid, it could be okay. Risk/reward is weak.
investment companies / funds
COMMENT
3 gas-weighted companies that he feels will cut distributions are Trilogy (TET.UN-T), Advantage Energy (AVN.UN-T) and Prime West (PWI.UN-T).
investment companies / funds
DON'T BUY
Merged with Shiningbank Energy (SHN.UN-T). Not particularly a great deal and doesn't represent a significant improvement to Primewest at this point. 13% yield.
investment companies / funds
COMMENT
No longer own. In evaluating energy income trusts, they ask, what are their reserves, how successful the company and management has been at finding and replacing those reserves, what is the quality of the balance sheet, ie does the company have the ability to survive a downdraft in the future.Likes to see a production profile that's increasing.
investment companies / funds
COMMENT
You will start to see a lot of these companies struggle.
investment companies / funds
COMMENT
Merging with Shiningbank (SHN.UN-T). This will be an extremely large, gas focused trust. This will give them better economies of scale. Management team is very strong.
investment companies / funds
HOLD
Just announced a merger with Shiningbank (SHN.UN-T).
investment companies / funds
DON'T BUY
Their cash flow is basically royalties collected on production. It is suspected they will not be able to sustain their distributions at current levels. Going forward, he is not sure this is going to be one of the survivors.
investment companies / funds
SHORT
Steep decline and high debt level. If you own sell. If you want a short position, this would be one.
investment companies / funds
BUY
Some of the royalty trust that he likes includes Prime West Energy (PWI.UN-T), Precision Drilling (PD.UN-T), Advantage Energy (AVN.UN-T).
investment companies / funds
DON'T BUY
Lowered distributions twice recently. Not one of the higher quality names. Paying out more than he would like to see.
investment companies / funds
WEAK BUY
Hasn't been one of his favourites. Management is okay. Not that bad, but prefers others.
investment companies / funds
Showing 1 to 15 of 123 entries

Prime West Energy Trust(PWI.UN-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Prime West Energy Trust is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Prime West Energy Trust(PWI.UN-T) Frequently Asked Questions

What is Prime West Energy Trust stock symbol?

Prime West Energy Trust is a OTC stock, trading under the symbol PWI.UN-T on the (). It is usually referred to as or PWI.UN-T

Is Prime West Energy Trust a buy or a sell?

In the last year, there was no coverage of Prime West Energy Trust published on Stockchase.

Is Prime West Energy Trust a good investment or a top pick?

Prime West Energy Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for Prime West Energy Trust.

Why is Prime West Energy Trust stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Prime West Energy Trust worth watching?

In the last year, there was no coverage of Prime West Energy Trust published on Stockchase.

What is Prime West Energy Trust stock price?

On , Prime West Energy Trust (PWI.UN-T) stock closed at a price of $.