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

QR Energy: An Oil Focused Upstream MLP With A Large 11.50% Yield

QR Energy (NYSE:QRE) has historically been one of the more stable upstream MLPs. Besides for a brief moment in early July when it was caught up in the Linn Energy related sell-off, QR Energy has typically traded between $16 to $17 per share. Several important recent news items of note for QR Energy include the closing of an accretive acquisition and its Q2 2013 results. The company is also facing some headwinds, namely a worsening coverage ratio. QR Energy currently offers a $0.4875 quarterly distribution, which equates to about an 11.50% yield.

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Q2 2013 Overview

On August 7, QR Energy reported its Q2 2013 results. For the quarter, the company posted revenues of $105.4M,...

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