Tim Plaehn
Newsletter provider, dividend investing, master limited partnerships, REITs

Eagle Rock Energy Partners Cash Flow Struggles Put 11% Yield At Risk

Eagle Rock Energy Partners LP (NASDAQ:EROC) is a small-cap MLP with a foot in two traditional limited partnership camps - midstream natural gas processing and upstream oil and gas E&P. Eagle Rock promotes itself as "a growth-oriented MLP", yet the dividend rate has been flat for 6 straight quarters and the cash flow supporting that dividend has been trending in the wrong direction. It appears that a dividend cut is almost inevitable for Eagle Rock Energy Partners.

Note: MLP companies such as Eagle Rock Energy Partners have units and pay distributions. The words stock, shares and dividends may be used here with the understanding that the rules of MLP units apply including the tax consequences of investing in...

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