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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: $0.235 | Change: $-0.02 | %Change: -7.84%
Volume: 394,405 | Day High/Low: 0.255/0.23 | 52 Week High/Low: 4.84/0.21
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0 stars

Heading into the driving season

That has to be good for oil. At some point the payout will resume after the debt is reduced , buying at this price will sure be one heck of a yield.  rate and reply
0 stars

RE:RE:RE:RE:Worth - Clues

mattmac wrote: Kherson wrote: Joe454 wrote: For every dollar the debt is reduced the market cap will increase by the same amount from this ridiculous level. I doubled my position yesterday. Oil and...read more
0 stars

RE:Moving Up

Nobody........no cash. Who wants an o/g well now ? Dormant until they make money next winter again....LNG baby ! Rigs down.....boom goes bust ....goes boom. I will NEVER do this again.  rate and reply
0 stars

RE:RE:RE:RE:RE:Worth - Clues

Joe454 wrote: every month we're $558,000 richer Soo... if  we/PLT owe 150M to the bank ... we can repay that in no time  , just 7 years ..  (interest not included) actually, it is not that long .......read more
0 stars

Oil up , gas up , payout gone

We're rolling in dough.  rate and reply
0 stars

Moving Up

Who will buy and how much?  rate and reply
0 stars

RE:RE:RE:Worth - Clues

Who will you blame for that blunder...  rate and reply
0 stars

RE:RE:RE:RE:Worth - Clues

every month we're $558,000 richer  rate and reply
1 star

RE:RE:RE:RE:Worth - Clues

mattmac wrote: Kherson wrote: Joe454 wrote: For every dollar the debt is reduced the market cap will increase by the same amount from this ridiculous level. I doubled my...read more
5 stars

RE:RE:RE:Worth - Clues

Kherson wrote: Joe454 wrote: For every dollar the debt is reduced the market cap will increase by the same amount from this ridiculous level. I doubled my position yesterday. Oil and NG are now going...read more
1 star

RE:RE:Worth - Clues

Joe454 wrote: For every dollar the debt is reduced the market cap will increase by the same amount from this ridiculous level. I doubled my position yesterday. Oil and NG are now going up! Kherson  rate and reply
0 stars

Parallel Energy Trust cuts payouts, puts itself on block

News story here: http://calgaryherald.com/business/energy/parallel-energy-trust-cuts-payouts-puts-itself-on-block I know there's a lot of smart people watching this board, anyone have rough ideas on...read more
5 stars

RE:RE:RE:RE:RE:RE:Todays Trading...

stockster1 wrote: ronstren wrote: iawyll1 wrote: Kherson wrote: If anyone wants to short my holdings, go right ahead. I bought more stock in PLT.UN today because I feel that they are undervalued, no...read more
0 stars

Good volume,got rid of the riff raft.

  rate and reply
0 stars

RE:RE:Worth - Clues

Looks like PLT get into same sh.. like SGL in December .OIL will be 100$ but PLT still will be below 50c  rate and reply
0 stars

RE:Worth - Clues

For every dollar the debt is reduced the market cap will increase by the same amount from this ridiculous level.  rate and reply
0 stars

RE:RE:RE:RE:What a team,I knew they would do the right thing.

No doubt the banks are forcing their hand here, they want to reduce their exposure ASAP. Hard to say what the assets are worth, but probably worth more pieced out. Even with the recent write down, I...read more
0 stars

Worth - Clues

Low decline rate < 10% Cash flow good. No Fracking - do it old fashion way. Good chance to reduce high debt now (i.e. show banks the door) You will be buying on a hard spike down - (i.e. family...read more
0 stars

RE:RE:RE:What a team,I knew they would do the right thing.

They should have done it In DEC-2014  ...   They would be a 1$+ stock now , as they would not be rated by the yield cut expectations and had more cash on hand. Drastic times  require drastic measures...read more
0 stars

RE:RE:RE:What a team,I knew they would do the right thing.

Now that the payout question is out of the way , we can focus on what the company is really worth , any ideas?  rate and reply