Penn West Energy Trust Becomes a Giant and Pays A Rich Cash Distribution

After completing its acquisition of Canetic Resources Trust on January 11, 2008, Penn West Energy Trust (PWE) is the largest conventional oil and gas energy trust in North America. PWE's portfolio of energy assets includes oil and gas, oil sands, CO2 enhanced oil recovery, light oil pools and coalbed methane producing properties.

Like many energy trusts, PWE pays a rich monthly cash distribution, which is currently over 16 percent.

Related Articles:

Canadian Royalty Trusts Pay High Cash Distributions
Look Here For Rising Dividends
Why Dividends Matter

Posted January 12, 2008.