Baytex Energy For Oil Income

ByAlbert Alfonso: Note: all dollar amounts are in Canadian dollars unless otherwise indicated.

Kurt Wulff (McDep Associates) submits: When government securities offer little nominal income and the official policy to devalue the U.S. dollar degrades principal, Canadian income stocks look like an attractive alternative to investors who want a current cash distribution.

By Zvi Bar:Canada is the biggest foreign supplier of oil and gas to the United States, and one of its closest allies. In 2011, several Canadian petroleum companies appreciated in the double digits, while others depreciated to a comparable level. Most also provided above-average dividends, compared to the broader market.

Zvi Bar submits:Two weeks ago, I wrote an article stating that that the recent activity of energy prices and particularly of Canadian oil and gas companies indicated that there was an increased risk of devaluation in the short-term. I also highlighted the recent performance of seven companies that I had previously identified.

Michael J. Ray submits:When it comes to investing for income, there are few places better than the great country of Canada. This booming economy to the north has a plethora of viable companies that provide investors valuable income streams. Many of the larger companies trade on the American exchanges and have made great inroads into the portfolios of American investors.

Kurt Wulff (McDep Associates) submits: A four-year adjustment period to tax change in Canada is now history. Six former trusts are repositioned to benefit from the broader stock market for corporations and a promising oil and gas outlook.

By Zvi Bar:Canada is the largest foreign supplier of oil and gas to the United States, and also one of its closest allies, literally and figuratively. In 2011, some Canadian petroleum companies appreciated in the double digits, while others depreciated at a comparable rate.

ByNick Chiu:Pengrowth Energy Corp. (PGH) is engaged in the development, production and acquisition of, and exploration for oil and natural gas reserves in Canada. Penn West Petroleum Ltd. (PWE) is another Canadian exploration and production company with main interests in petroleum and natural gas properties.