Casey Hoerth
Long only, long-term horizon, growth at reasonable price, dividend investing

Vanguard Natural Resources: Still Time To Wade In

It's been getting hard to find deals in the energy space. Many of the faster-growing shale names have leapt up. And dividend-paying majors, for example ConocoPhillips (NYSE:COP), is up almost 30% on the year. Pipelines have been expensive for awhile and now some of the upstream MLP names are gaining traction, too.

If you're looking for a deal in the energy space and like income (who doesn't?), may I suggest Vanguard Natural Resources (NYSE:VNR). Vanguard is an upstream MLP which acquires mature oil and gas properties and pays unitholders much of the free cash flow. As an MLP, Vanguard pays no corporate taxes. And as you may imagine, Vanguard therefore typically offers a high distribution yield....

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