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Quote  |  Bullboard  |  News  |  Opinion  |  Level II  |  Charts  |  Profile  |  Financials  |  Options  |  Price History

Parallel Energy Trust T.PLT.UN

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  T.PLT.DB

Parallel Energy Trust is an unincorporated open-ended limited purpose trust. The Trust is in the business of acquiring, developing and producing oil and natural gas reserves in the United States.
Price: $3.22 | Change: $-0.11 | %Change: -3.30%
Volume: 218,822 | Day High/Low: 3.34/3.20 | 52 Week High/Low: 4.84/2.90
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0 stars

long term gas consumption trends very favorable

even though seasonal build continues in light of milder US fall weather, there are a lot of long term reasons to be bullish on NG/US -CA ng/ngl.. EURzone cutbacks in carbon emissions raised to 40...read more
0 stars

RE:RE:RE:RE:I don't think the short term fluctuation in oil

I thought he said "someone" was going through the financials for a suspected take over. That is why the 3 amigos have been driven down so aggressively...........but I think you knew that . Someone...read more
1 star

RE:RE:RE:RE:I don't think the short term fluctuation in oil

What's a couple of decimal points. Yes , PLT has excellent share structure and excellent management , a equity financing would be fine once the sp gets back over $4.00  rate and reply
1 star

RE:RE:RE:I don't think the short term fluctuation in oil

Joe454 wrote: I doubt it , long term oil will be well over a $1.00 Joe, I hope you meant over $100 dollars. Having said that, Bill Bonner was on BNN a couple of weeks back and did mention that...read more
0 stars

RE:RE:RE:I don't think the short term fluctuation in oil

The only reason I bought these guys was because I thought oil price decline wouldn't effect them. By the end of the year if oil hasn't recovered it will start to hurt these guys.  I will put my money...read more
1 star

RE:RE:I don't think the short term fluctuation in oil

I doubt it , long term oil will be well over a $1.00  rate and reply
0 stars

RE:RE:RE:DEBT.....

We were talking about paying down debt as opposed to using debt to pay the distribution ,which is incorrect. As you know 2017 debentures are THE debt to eliminate. Under CAD$ 27million and more to...read more
0 stars

RE:I don't think the short term fluctuation in oil

No short term they should be OK as they have hedges in place. but longer term it will effect CF.  rate and reply
1 star

I don't think the short term fluctuation in oil

will affect their cash flow that much.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:It's trading like the dividend is going to be cut in half.

Thanks for the heads up Captain. Talked to IR and they confirmed what you posted. Based on that I could also see a cut in the Div. With a decline rate of10% They need to replace about 750 bbls. At...read more
0 stars

RE:RE:DEBT.....

Lower CAD $ isn't making a huge difference, wynner...Oil is now $15/bbl below their guidance, and CAD $ is only 8 cents difference from guidance....lower exchange rate is not making up for the $15/bbl...read more
2.5 stars

RE:DEBT.....

biloshi wrote: Last  I looked Parallel had a bank debt of $157.6 Million on a bank facility of $190 million. This is from their October presentation. Also note that they have a decline rate of 8...read more
3.5 stars

DEBT.....

Last  I looked Parallel had a bank debt of $157.6 Million on a bank facility of $190 million.  rate and reply
3 stars

RE:RE:RE:Joe454

I rest my case.  rate and reply
2 stars

RE:RE:Joe454

Hahahahahahahahahahahahahahahahahahahahahaha, loser, sore loser at that.  rate and reply
3 stars

EIA Propane

$45 US ?....$50 CAD Residential propane prices entered the 2014-2015 heating season at an average of about $2.30 per gallon, 4 cents per gallon lower than one year ago. Starting this season...read more
1.5 stars

Joe454

What's the matter, joeloser? Losing money makes you a tad bitter? Actually, it just makes you a loser.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:It's trading like the dividend is going to be cut in half.

Natural Gas is 35% of PLT's production but only accounts for ~20% of total revenue...Additionally, liquids usually catch 45% of WTI, so YES, Parallel relies on the price of WTI oil!!!!! Oil where its...read more
2.5 stars

RE:RE:RE:RE:RE:It's trading like the dividend is going to be cut in half.

Look it up asss hole  rate and reply
1.5 stars

RE:RE:RE:RE:RE:RE:It's trading like the dividend is going to be cut in half.

ppp wrote: Ethane never was worth anything, around 10 bucks a bbl. Fact is this company does not produce a bbl of oil and gas prices haven't moved much in the last while. By all means, bury your head...read more

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