Savings Experiment: Snow Removal
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger"Provident Energy Trust (NYSE: PVX) is one of the 'best in class' income investments within the energy sector," says Bryan Perry in his The 25% Cash Machine.
"Provident had third-quarter results that illustrate the value of its diversified-energy portfolio, as it increased production and maintained stable distributions in the face of persistently weak natural gas prices and a rising Canadian dollar.
"Total funds flow from operations of $105 million (43 cents per unit) for the quarter underpinned stable distributions. The negative impact of weak natural gas prices and the rising Canadian dollar in the third quarter were partially offset by strong oil prices, higher production and midstream crack spreads.
"Consolidated oil and gas production in the third quarter increased by 26% over 2006 to 38,800 boe per day, which includes the results of acquisition and drilling success in Canada and acquisitions in the United States.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
