posted
Energized about energy Because oil and gas prices have fallen off a cliff since last summer, CAPS members are going bargain-hunting. If these prices stay this way, Harvest Energy Trust (NYSE: HTE) could be forced to reduce its dividend, though it has approved its monthly dividend payments through February 2009 for an annualized yield of more than 30%. CAPS member Gingerbreadman55 says:
Harvest is encouraging for its continued strength and ability to pay out a substantial dividend.... It carries the promise to further shrink its margins and stands to gain a lot if(when) oil creeps up again. Plus it makes a strong hedge against a falling dollar and increasing inflation from the trillions of dollars America is spending on bailouts and buyouts
Posts: 6410 | Registered: Jul 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
