Power Hedge
Macro, energy, alternative energy, contrarian

NGP Capital Resources: High Dividend Energy Play But Declining NAV Is Worrying

NGP Capital Resources (NGPC) is a business development company operating in the energy and natural resources sector but not exclusively limited to investing solely in that sector. The firm's website states that it also provides financing to other sectors in the broader middle market including niche manufacturing, value-added distribution, business services, healthcare, and consumer services. But, make no mistake; the company invests primarily in energy companies. Therefore, it could be an intriguing way to invest in the energy sector and collect a high dividend yield.

NGP Capital Resources primarily makes its investments in privately-held or thinly-traded companies in line with its status as a business development company. This can result in some difficulty calculating a value for the company's assets...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details