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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (37891)	5/14/2010 4:29:46 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78704

Oil stocks: Added a little more MDU. Upped my position in Nal O&G Trust. I like NOIGF for its position in Alberta's Cardium area and its distribution (C$.09/mo), which to USA people is $C1.08 (before Canadian tax) on today's NOIGf.pk approx. $10.70 stock price. However, the trust will convert to a corporation by 4Q 2010. "After conversion, the Trust's total return will be driven by a combination of growth and yield, with yield remaining a strong component of the overall return. Specific payout and dividend levels will be established closer to the time of conversion." Also, fwiw, I added to my position in Denbury Resources, DNR. I'm partial to this one because it has a lot of carbon dioxide resources which it uses in extracting oil/gas.