Albert Alfonso
Dividend investing, dividend growth investing, master limited partnerships, oil & gas

Is LRR Energy's 14.30% Yield Worth The Risk?

LRR Energy (NYSE:LRE) is a small and relatively new upstream MLP. LRR Energy had its IPO back in November of 2011 and for much of its history has traded near its IPO price of $19 per unit give or take a few dollars. However, LRR Energy has recently broken this trend, and is now trading near its all-time lows. Since May 1, LRR Energy has seen its share price decline 19% on relatively little news. LRR Energy currently offers a $0.4825 per unit quarterly distribution and yields about 14.30%.

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LRR Energy production assets are concentrated in New Mexico, Texas, and Oklahoma. As of year-end 2012, LRR Energy's production averaged 6,500 BOE/D, proved reserves totaled 31.7...

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