BullMarket.com Examines Canadian Energy Trust Earnings

PRINCETON, N.J., March 16 /PRNewswire/ — BullMarket.com (http://www.bullmarket.com), an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with earnings coverage of several Canadian Energy trusts, including Provident Energy Trust (NYSE: PVX), Baytex Energy Trust (NYSE: BTE), Enerplus Resources Fund (NYSE: ERF), Pengrowth Energy Trust (NYSE: PGH), Harvest Energy Trust (NYSE: HTE),and Penn West Energy Trust(NYSE: PWE).

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In its daily report, BullMarket.com wrote: “Baytex also reported that finding, development, and acquisition (FD&A) costs (including Future Development Costs) were $16.06 in 2008 compared to $11.91 in 2007. The company said its net asset value was $31.59 per unit. The trust also announced it had increased its proved reserves by 8% to 125.7 million BOE, and its proved plus probable reserves by 11% to 187.1 million BOE.”

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

– What was one of the biggest positives to come out of Baytex’s earnings report?

– Where does BullMarket.com think Penn West’s dividend could be headed? What metric was it pleased to see come down in 2008?

– Why has BullMarket.com been calling Harvest one of the more high-risk energy trusts, and why did its editors expect an enormous dividend cut when the company reported earnings?

– Why did Provident stage such a nice rally following its earnings report?

– What advantage does Enerplus have over many of the other Canadian energy trusts that trade on the NYSE?

– Is now the time to buy Canadian energy 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, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. 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, Bull Market Report, +1-888-278-5515

SOURCE Indie Research Advisors, LLC