Two of the savviest advisors around are Mark Skousen and Richard Lehmann. Both are noted experts in income investing and both have recently issued buy recommendations for the same stock.

Skousen, in his High-Income Alert, and Lehmann, in his Forbes/Lehmann Income Securities Investor, both look at Penn West Energy Energy Trust (NYSE: PWE).

Skousen explains, "The dollar continues to slide. Oil is approaching $100 a barrel, and gold, a sign of global instability, now is above $800. And the mortgage credit market continues to soften.

"All of these conditions make it difficult to profit, even in our high dividend-paying stocks. Fortunately, history is on our side. Studies show that a well-diversified portfolio of dividend-paying stocks tend to be more stable during difficult times.

"Our safest position is in oil stocks, so we are going to add another oil & gas stock to our portfolio: Penn West Energy. The trust bought out Canetic recently to create the largest oil and gas trust in North America.

"The combined trust is worth more than $15 billion and has the equivalent production of more than 200,000 barrels of oil a day. Penn West holds interests in western Canadian oil and natural gas pools, along with opportunities in oil sands, coal-bed methane, shale gas, and enhanced oil recovery.

"Penn West is paying an incredible dividend that now is about 35 cents a month, compared to 30 cents a year ago. The company's current dividend yield exceeds 13%."

Meanwhile, Richard Lehmann recommends both Canetic Resources Trust (NYSE: CNE) and Penn West Energy Trust. He explains, "We last recommended Canetic in February 2007 at a price of $12.62 at about the time the company lowered its payout to $0.16 resulting in a yield of 15.21%.

"The dividend represents a payout ratio of 70%. The company said the payout could be maintained if oil averaged $60.00 per barrel.

"Penn West Energy recently made an offer to acquire Canetic for 0.515 shares of Penn West plus a one-time payout of $.09 per share Canadian. The one-time cash payout is to compensate Canetic holders for lower dividend payments for a period of six months.

"The new company's reserves (proven plus probable) will last 11 years at current production levels and provide opportunities for further development of exotic energy production. The monthly distribution for the combined company will be $0.34 Canadian.

"The new company will have a good balance between oil (45%) and natural gas (42%). We see the merger as good news for all shareholders, although it's a bit like kissing your sister if you own both. The merger should be completed by January 2008. With oil still trading over $90.00 a barrel both are still good buys. Our recommendation is to buy either Canetic or Penn West."

Each day, Steven Halpern's TheStockAdvisors.com website features the latest investment commentary and favorite stock picks of the nation's leading financial newsletter advisors.