Parallel Energy Trust (PLT.UN) Stock Price, News & Analysis

Company Overview

Parallel Energy Trust (Parallel or the Trust) is a Canada-based distribution-paying energy income trust. The Trust's assets and operations are located in Texas and Oklahoma in the United States and its portfolio consists of mature, liquids-rich natural gas assets. The Trust's business strategy is focused on acquiring and developing long-life, conventional oil and natural gas assets. The Trust manages five operating areas located in Texas and Oklahoma. The Trust operates 100% of its Texas assets, which are located in the Carson, Hutchinson, Moore, Potter, Gray and Roberts counties and it holds a 30% non-operated interest in a Mississippian Lime play located in Garfield County, Oklahoma. The Trust's Carson, Sneed and Cargray operating areas are located in the Greater Panhandle/Hugoton Gas Field, a conventional gas field in North America.

Key Stats

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• Average Volume: 44,258 shs
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Industry, Sector and Symbol

• Stock Exchange: TSE
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• Current Symbol: TSE:PLT.UN
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• Web: www.parallelenergy.ca
• Phone: +1-403-7817842
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Profitability

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Debt

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Sales & Book Value

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Miscellaneous

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