BullMarket.com Updates Outlook on Canadian Energy Trusts

Date : 06/21/2007 @ 10:01AM
Source : PR Newswire
Stock : Pengrowth Egy Uts (PGH)
Quote : 7.66  -1.15 (-13.05%) @ 8:00PM
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BullMarket.com Updates Outlook on Canadian Energy Trusts

PRINCETON, N.J., June 21 /PRNewswire/ -- BullMarket.com (http://www.bullmarket.com/), an online investment newsletter focused on long- term growth and income-generating stocks, announced today that it has provided subscribers with an updated outlook on Canadian energy income trusts, including Enterra Energy Trust (NYSE:ENT), PennWest Energy Trust (NYSE:PWE), Canetic Resources Trust (NYSE:CNE), and Pengrowth Energy Trust (NYSE:PGH).

All paid and trial subscribers to BullMarket.com can now receive immediate access to the newsletter's exclusive daily reports. As a subscriber, you'll also gain access to our latest investment moves. Start your 14-day free trial today:

https://www.bullmarket.com/subscribe/index.php?refer=BMR254P

In its report, BullMarket.com wrote: "After foundering for much of the year due to uncertainty over the trust tax plan, companies in the sector have returned to the radar of investors. It's important to keep in mind that the plan put forth by the finance minister would not take effect until 2011 unless the trusts grow too much, in which case the plan as proposed would kick in for the affected trust sooner. Another positive is that the larger energy trusts by definition are sitting on substantial oil and gas assets that will continue to produce income for investors for the next few years."

BullMarket.com looked at the following topics, among others:

-- How has the uncertainty over the new tax laws in Canada affected raising money for the energy trusts? -- How has the proposed new tax law spurred M&A activity? -- What has prompted PennWest's recent climb in share price? -- Is now a good time to buy Canadian income trusts?

About BullMarket.com:

Launched in 1997, BullMarket.com has a strong track record of creating wealth for its subscribers by providing sound, long-term investing advice. The BullMarket.com Recommended List includes about 50 companies across all major industries, including Financials, Healthcare, Energy, Technology, and Retail, among others. BullMarket.com is one of the oldest continuously published investment newsletters online, and its Recommended List has consistently outperformed the major market indices.

NOTE: This release was published by Indie Research Advisors, LLC (CRD #131926), a registered investment advisor with the NASD and State of NJ. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

CONTACT: Marcie Martin, +1-888-278-5515

DATASOURCE: Indie Research Advisors, LLC

CONTACT: Marcie Martin of Indie Research Advisors, LLC, +1-888-278-5515

Web site: http://www.bullmarket.com/

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