Published Mon, 13 May 2019 12:03:31 -0400 on Seeking Alpha
The U.S. energy industry has been on fire since fracturing entered the picture, the economy is booming and President Trump has reduced regulations and restrictions on the industry to encourage energy independence. The industry has responded from all positive events by becoming a real powerhouse in the world and are transforming our country from being a net importer of oil and gas to being one of the largest exporters in the world. I have read stories that suggest that we will become the largest exporter of oil in the next few years, surpassing Saudi Arabia and Russia.
For a variety of reasons, oil prices have increased to levels that support growth in the industry. Higher prices result in higher revenue and profits for oil and gas companies. The dark cloud from several terrible years appear to be lifting and forecasts for better times are upon us.
As good as the economy is and with the oil and gas markets improving, yields on energy related preferreds are among the highest available in the marketplace. Checking the database at “I Prefer Income”, I found 286 cumulative preferred stocks with an average yield of 7.1%. These 11 preferreds have an average yield of 8.6%. That means these preferreds are 21.1% higher than the overall cumulative preferred average. High yields logically mean that risks are also high. Are these high risks warranted? Are the yields too high?
Introducing the highest yielding energy related preferred stocks in the marketplace
To... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|NGL ENERGY PARTNERS LP||12.93||5.0||2.57||1.56||12.04|
|DCP MIDSTREAM LP||36.33||51.2||0.71||3.12||8.59|
Older articles featuring Ngl Energy Partners Lp (NGL):High-Yield Investing: Federal Reserve Cutting Rates - Here's What You Should Do
62 Dogs Cry Out LOUD By Dividend Yields, Upsides, And Net Gains For June
MLPs: Come For The Yield, Stay For The Total Return
Low Yield Vs. High Yield Preferred Stocks. Is The Spread Wider Than You Thought?
10 Fairly Valued MLPs: Are The High Yields Worth The Risk And Effort? Part 12
8% To 9% Yields, More Growth Ahead In 2019: DCP Midstream Partners LP
AMZA Part 2: Strong Dividend Coverage And Growth Potential Seen
March Magic 10%-Plus Yield Dividend WallStars Flaunt Gains, Yields And Prices
69 February 10%+ Dividend Yield WallStars Have Heart
101 End-O-December 10%+ Yield Dividend WallStars Toast Tremendous Target Gains And A Merger