Parallel Energy Trust

PLT.UN-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about PLT.UN-T

Signal
Opinion
Expert
PARTIAL BUY
PARTIAL BUY
October 3, 2014

A cross boarder trust – Canadian listing with US assets. Their assets have a very low decline rate. You spend less money on the asset each year. So it is okay to lever up the asset more than you would in Canada. Likes their exposure to the propane industry. The US are expanding the export capacity. The Panama Canal is expanding to accommodate bigger ships such as ones carrying propane. Pay attention to the propane market. Take comfort in the dividend(16%), but don`t go in head over heels. We are starting to see more research into the name. Nibble a bit on it.

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A cross boarder trust – Canadian listing with US assets. Their assets have a very low decline rate. You spend less money on the asset each year. So it is okay to lever up the asset more than you would in Canada. Likes their exposure to the propane industry. The US are expanding the export capacity. The Panama Canal is expanding to accommodate bigger ships such as ones carrying propane. Pay attention to the propane market. Take comfort in the dividend(16%), but don`t go in head over heels. We are starting to see more research into the name. Nibble a bit on it.

COMMENT
COMMENT
April 11, 2014

It comes down to the formation. You have to understand how they are generating the distributions. He met with management to understand. He feels it is high. They produce a lot of natural gas with propane. They are in the US so we have to look at prices for propane in the US. He prefers Canadian companies with Canadian formations that he can understand.

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It comes down to the formation. You have to understand how they are generating the distributions. He met with management to understand. He feels it is high. They produce a lot of natural gas with propane. They are in the US so we have to look at prices for propane in the US. He prefers Canadian companies with Canadian formations that he can understand.

WATCH
WATCH
February 28, 2014

Natural gas & liquids. It has been under a lot of pressure. The balance sheet is probably a little too stretched here. You will see companies like this spend a lot of energy in trying to reduce leverage on the balance sheet. They should have 1-1/2 to 2 times revenue to cash flow.

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Natural gas & liquids. It has been under a lot of pressure. The balance sheet is probably a little too stretched here. You will see companies like this spend a lot of energy in trying to reduce leverage on the balance sheet. They should have 1-1/2 to 2 times revenue to cash flow.

COMMENT
COMMENT
February 11, 2013

(Market Call Minute.) If you are strictly interested in the 14.85% dividend, it is highly sustainable. Limited upside for growth but good yield.

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(Market Call Minute.) If you are strictly interested in the 14.85% dividend, it is highly sustainable. Limited upside for growth but good yield.

PAST TOP PICK
PAST TOP PICK
December 12, 2012

(A Top Pick Dec 20/11. Down 42.21%.) Had a high level of income and he was positive on the commodity. A lot of their production was in the natural gas liquids sector, which fell out of favour. Probably lost about 10% of his investment.

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(A Top Pick Dec 20/11. Down 42.21%.) Had a high level of income and he was positive on the commodity. A lot of their production was in the natural gas liquids sector, which fell out of favour. Probably lost about 10% of his investment.

HOLD
HOLD
April 10, 2012
This is a smaller trust. Seems like a structure that is going to survive. Decent yield at 12.6%. His preference would be to be in the larger cap names where we are going to go into a period of uncertainty in the market. Will probably experienced more volatility than a larger trust.
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This is a smaller trust. Seems like a structure that is going to survive. Decent yield at 12.6%. His preference would be to be in the larger cap names where we are going to go into a period of uncertainty in the market. Will probably experienced more volatility than a larger trust.
BUY
BUY
March 23, 2012
Need to wait for it to come back up. Take a small position it might be worthwhile, get out if it drops below the $6.70.
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Need to wait for it to come back up. Take a small position it might be worthwhile, get out if it drops below the $6.70.
TOP PICK
TOP PICK
December 20, 2011
Jurisdiction is solely in the US, which is why it can be an income trust. Trading at just about its NAV. Has the ability to grow its reserves next year by about 10%-12%. Yield of 12%-13%.
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Jurisdiction is solely in the US, which is why it can be an income trust. Trading at just about its NAV. Has the ability to grow its reserves next year by about 10%-12%. Yield of 12%-13%.
WATCH
WATCH
May 9, 2011
Didn't participate in the IPO. Will wait for a couple of quarters. Their production is in Texas in an area that hasn't been drilled much in the last few years and he would like to see what the real decline rates are. Good yield of 8.6%.
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Didn't participate in the IPO. Will wait for a couple of quarters. Their production is in Texas in an area that hasn't been drilled much in the last few years and he would like to see what the real decline rates are. Good yield of 8.6%.
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Parallel Energy Trust(PLT.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 Parallel 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.

Parallel Energy Trust(PLT.UN-T) Frequently Asked Questions

What is Parallel Energy Trust stock symbol?

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

Is Parallel Energy Trust a buy or a sell?

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

Is Parallel Energy Trust a good investment or a top pick?

Parallel Energy Trust was recommended as a Top Pick by Bill Bonner on 2014-10-03. Read the latest stock experts ratings for Parallel Energy Trust.

Why is Parallel 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 Parallel Energy Trust worth watching?

0 stock analysts on Stockchase covered Parallel Energy Trust In the last year. It is a trending stock that is worth watching.

What is Parallel Energy Trust stock price?

On , Parallel Energy Trust (PLT.UN-T) stock closed at a price of $.