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As all three major U.S. indices were trading down on Monday, I wanted to examine three energy companies that should serve to enhance my income-based portfolio. The three I've chosen all have dividend yields higher than 7.3%, should attract various types of income investors as well.

Atlantic Power Corp. (AT) - Shares of AT traded up roughly 0.6% at the close of Monday's trading session, making the stock very attractive at these levels. Currently trading in a 52-week range of $12.52/share (52 week low) and $16.34/share (52 week high), AT yields 8.3% ($1.12) and announced a dividend of $0.093/share payable to shareholders on August 31st. Last week, the company not only announced the date of its second quarter earnings release, but also named Terrance Ronan as CFO. That being said, I think AT presents potential investors with a great opportunity to establish a position especially at the $13.61/share level. If the stock drops to $13.15/share or lower I would then begin to establish a medium-sized position, and any drop below $12.75/share should allow investors the ability to establish a much larger position.

When it comes to AT, the yield isn't the only attractive quality I like. There are a few ancillary variables that I find very attractive. First, analysts are expecting AT to grow almost 80% this year, which is 8.69 times that of the S&P 500, and pretty impressive if you ask me. Second, the company is currently trading at a 9.9% discount to its 200-day moving average which is $14.01/share. Finally, the company has a 1.43% return on its assets in the last twelve months, and anytime a company demonstrates a positive return, I see that as a good sign moving forward.

Linn Energy, LLC. (LINE) - Shares of LINE traded up roughly 1.1% at the close of Monday's trading session, making the stock very attractive at these levels. Currently trading in a 52-week range of $31.03/share (52 week low) and $41.13/share (52 week high), LINE yields 7.3% ($2.90) and recently announced an update to the $1 billion dollar acquisition of Jonah Field from BP America Production Company (BP). That being said, I think LINE presents potential investors with a great opportunity to establish a position especially at the $39.98/share level. If the stock drops to $37.50/share or lower I would then begin to establish a medium-sized position, and any drop below $36.00/share should allow investors the ability to establish a much larger position.

When it comes to LINE, the yield isn't the only attractive quality I like. There are two ancillary variables that I find very attractive. First, the company is currently trading at a 6.5% premium to its 200-day moving average which is $37.53/share. Second, the company has a 9.48% return on its assets in the last twelve months, and anytime a company demonstrates a positive return, I see that as a good sign moving forward.

Enerplus, Corp. (ERF) - Shares of ERF traded up roughly 0.7% at the close of Monday's trading session, making the stock very attractive at these levels. Currently trading in a 52-week range of $11.35/share (52 week low) and $32.15/share (52 week high), ERF yields 8.2% ($1.06) and was recently upgraded to Outperform from Neutral, at Credit Suisse. That being said, I think ERF presents potential investors with a great opportunity to establish a position especially at the $13.02/share level. If the stock drops to $12.20/share or lower I would then begin to establish a medium-sized position, and any drop below $11.50/share should allow investors the ability to establish a much larger position.

When it comes to ERF, the yield isn't the only attractive quality I like. There are two ancillary variables that I find very attractive. First, the company is currently trading at a 33.1% discount to its 200-day moving average which is $19.47/share. Second, the company has a 1.36% return on its equity in the last twelve months, and anytime a company demonstrates a positive return, I see that as a good sign moving forward.

Source: 3 Energy Stocks Yielding At Least 7% I'm Beginning To Consider