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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: $0.44 | Change: $-0.09 | %Change: -16.98%
Volume: 746,063 | Day High/Low: 0.53/0.42 | 52 Week High/Low: 4.84/0.46
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4.5 stars

RE:RE:RE:RE:RE:RE:How can they even consider....

Kherson wrote: mattmc1 wrote: sharksfin wrote: ronniejames wrote: Kherson wrote: Parallel has never paid a dividend. They pay a distribution! Kherson If PLT.UN is like any other holding...read more
1 star

RE:RE:RE:RE:RE:How can they even consider....

mattmc1 wrote: sharksfin wrote: ronniejames wrote: Kherson wrote: Parallel has never paid a dividend. They pay a distribution! Kherson If PLT.UN is like any other holding Kherson has owned...read more
0 stars

RE:RE:RE:RE:How can they even consider....

sharksfin wrote: ronniejames wrote: Kherson wrote: Parallel has never paid a dividend. They pay a distribution! Kherson If PLT.UN is like any other holding Kherson has owned, it wont be paying a...read more
0 stars

RE:stock down

1. I believe the shorters took Kherson's advise and used it in their own  good. 2.  Look at the volumes ... 580K yestarday and 750K today ...  there are buyers for this stock as well , which is a...read more
0 stars

stock down

Forget what Kherson says! This stock has being selected by the shorters and is punished.  rate and reply
4.5 stars

RE:RE:How can they even consider....

Kherson wrote: Parallel has never paid a dividend. They pay a distribution! Kherson If PLT.UN follows what every other investment this Kherson fool has done, that means you can kiss the "distribution...read more
2.5 stars

It Would Be Foolish....

to think that the debentures would be a safer bet. Ask anyone who owned Yellow Media debentures before the company restructured how they made out !!!! Cheers!  rate and reply
5 stars

Anonymous...

These guys, whoever they are, are selling their plt shares (killling the sp in the process) while buying the debenture. This might actually be wise, if you believe they'll be able to repay their debts...read more
5 stars

RE:RE:RE:How can they even consider....

ronniejames wrote: Kherson wrote: Parallel has never paid a dividend. They pay a distribution! Kherson If PLT.UN is like any other holding Kherson has owned, it wont be paying a distribution soon...read more
0 stars

RE:How can they even consider....

biloshi wrote: paying a monthly dividend ???? Quarter ended Dec 31,2013     Bank Debt Outstanding of $154,039,000 Quarter ended Dec 31,2014     Bank Debt Outstanding of $156,000,000 This debt is...read more
4.5 stars

RE:RE:How can they even consider....

Kherson wrote: Parallel has never paid a dividend. They pay a distribution! Kherson If PLT.UN is like any other holding Kherson has owned, it wont be paying a distribution soon either.  rate and reply
1 star

RE:RE:How can they even consider....

Soon they will pay dickk.  rate and reply
1.5 stars

RE:How can they even consider....

Parallel has never paid a dividend. They pay a distribution! Kherson  rate and reply
4.5 stars

How can they even consider....

paying a monthly dividend ???? Quarter ended Dec 31,2013     Bank Debt Outstanding of $154,039,000 Quarter ended Dec 31,2014     Bank Debt Outstanding of $156,000,000 This debt is drawn against the...read more
5 stars

Cuts are from the top also

Whenever the board take a cut with the shareholders they will survive , now AET they just keep scr@wing the shareholders . PLT needs a bounce in prices and drilling can start at way lower costs today....read more
5 stars

RE:RE:What is going on

IF you can believe their financial releases they have enough cash flowing to make payments and pay distributions especially with the cdn dollar 25% de valued BUT look how bad AET.UN lied and cheated...read more
3 stars

RE:What is going on

The prospects don't look great at this point otherwise the price for the debs would be stable and trading over $50.00 IMHO. I wouldn't touch the debs. My view is that the distribution will be cut to 0...read more
0 stars

What is going on

While the stock jumped 8.3% today on 36K$ volume Last Change Bid (size) Ask (size) Volume Day Range $0.650 ...read more
0 stars

RE:RE:Face value at maturity

Thank you Captain, that what I thought as well, but the prospectus talks about $1,000 units. Why?  rate and reply
0 stars

I wonder if the dividend elimination is baked in?

  rate and reply