Parallel Energy Trust Company Profile (TSE:PLT.UN)

About Parallel Energy Trust (TSE:PLT.UN)

Parallel Energy Trust logoParallel 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.

Industry, Sector and Symbol:
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: N/A
Dividend:
  • Dividend Yield: 1.0%
Profitability:
  • Net Margins: -763.89%
  • Return on Equity: -557.47%
  • Return on Assets: -119.31%
 
Frequently Asked Questions for Parallel Energy Trust (TSE:PLT.UN)

What is Parallel Energy Trust's stock symbol?

Parallel Energy Trust trades on the Tornton Stock Exchange (TSX) under the ticker symbol "PLT.UN."

Who are some of Parallel Energy Trust's key competitors?

How do I buy Parallel Energy Trust stock?

Shares of Parallel Energy Trust and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.


MarketBeat Community Rating for Parallel Energy Trust (TSE PLT.UN)
Community Ranking:  0.7 out of 5 ()
Outperform Votes:  14 (Vote Outperform)
Underperform Votes:  83 (Vote Underperform)
Total Votes:  97
MarketBeat's community ratings are surveys of what our community members think about Parallel Energy Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Parallel Energy Trust (TSE:PLT.UN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Parallel Energy Trust (TSE:PLT.UN)
Show:
DateFirmActionRatingPrice TargetDetails
9/17/2015ScotiabankReiterated RatingSector UnderperformView Rating Details
(Data available from 7/25/2015 forward)

Earnings

Earnings History for Parallel Energy Trust (TSE:PLT.UN)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Parallel Energy Trust (TSE:PLT.UN)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History by Quarter for Parallel Energy Trust (TSE PLT.UN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/29/2014Monthly$0.0514.25%1/29/20142/21/20142/21/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Parallel Energy Trust (TSE:PLT.UN)
Insider Trades by Quarter for Parallel Energy Trust (TSE:PLT.UN)
Insider Trades by Quarter for Parallel Energy Trust (TSE:PLT.UN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/22/2014Henry William SykesDirectorBuy5,000C$0.81C$4,050.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Parallel Energy Trust (TSE:PLT.UN)
Latest Headlines for Parallel Energy Trust (TSE:PLT.UN)
Source:

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Chart

Parallel Energy Trust (PLT.UN) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff