Perpetual was formed from a strong legacy - one that has deep values, experienced management, and an entrepreneurial business approach. Our predecessor, Paramount Energy Trust, had a history of high performance, substantial growth and sustainability. Over its seven-year history, more than $1 billion was returned to investors through distributions, or $14.064 per Trust Unit, almost three times the initial spinout net asset value of $5.05 per Trust Unit. At the same time, while navigating through one full commodity price cycle, net asset value grew and today is calculated at close to $7.00 per share, after the one-for-one exchange of Trust Units of PET for shares of Perpetual.
Perpetual plans to maintain a monthly dividend of $0.05 per share, subject to future fluctuations in commodity prices and other operational variables, and potential changes to capital requirements as we continue to add to and develop the growth-oriented portion of our asset base.
Key Dates
| Earnings Release Dates (dates are tentative) | |
| Year-End Results | March 9, 2010 |
| First Quarter | May 10, 2010 |
| Second Quarter | August 10, 2010 |
| Third Quarter | November 8, 2010 |
| Annual General Meeting |
June 17, 2010 9:00 AM MDT Calgary Petroleum Club |
