Tags » Eagle Energy Trust

Another energy income trust sector moves towards extinction

Calgary’s foreign asset energy income trust sector is about to follow Canadian energy income trusts into the dustbin of history, with Eagle Energy Trust announcing plans Friday to convert to a corporation and Argent Energy Trust confirming it’s eyeing a similar move. 577 more words


Parallel Energy Trust cuts payouts, puts itself on block

Units in Parallel Energy Trust plunged more than six per cent Wednesday after it announced it was suspending its distributions to unitholders and would initiate a strategic alternatives review that could result in its sale. 518 more words


Two trusts, two approaches

Eagle Energy Trust and Parallel Energy Trust are in a very select category of issuers: both are mutual fund trusts, both are listed on the Toronto Stock Exchange, both pay monthly distributions — and both have all their operations in the U.S. 409 more words

FP Street

Canadian royalty and income trusts: back from the dead?

According to Doug Richardson, writing in Stikeman Elliott’s Canadian Energy Law blog, the public offerings of two foreign asset income trusts (FAITS) “have revived interest regarding income trusts in Canada, bringing to light a relatively untapped market.” 68 more words


Income trusts re-emerge

Four have tried, two have been successful and now one of the two is back for more.

We are talking about the new form of income trusts that emerged after Ottawa rewrote the tax rules in October 2006 and decided the highly popular security should start paying taxes in 2010. 501 more words


FATCA's impact on publicly traded trusts

My friend’s blog, Beating the Index, has recently been promoting the virtues of two high payout energy trusts that the Calgary oil guys have set up to exploit US legacy oil and gas by using horizontal drilling and multi-fracking technologies.   506 more words