10:06 AM EST - Penn West Energy Trust : said on Monday its profit fell in the first quarter due to higher depletion charges from a recent merger, higher financing costs and amid a reduction of unrealized gains on commodity contracts. Penn West, Canada's No. 2 energy trust, said net income fell to $96.3 million, or 41 cents per unit, from $144.4 million, or 87 cents per unit, in the first quarter of 2006. Revenue rose 34 percent to $582.4 million from $433.9 million. Penn West Energy Trust
units T.PWT.UN are trading 4 cents at $34.49.
