Penn West Energy Trust (PWE)

[ou71764]

I don't know how high on their agenda it is to reinstate a dividend. Given that bk was still on the table in early 2016, they may go slow on paying out cash.

But even .01 per quarter would be a huge psychological event - and I would have to consider moving PWE from my list of spec holdings to my income list, lol!

This has certainly been a winner for me. Unless oil collapses long term, I think we could double again in 2017. Breaking through $2 US was a long time coming - and it was significant imo. But we are dependent partially on the price of oil, which the company can't control.