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  • 3 High Growth, High Yield Oil & Gas Drilling Dividend Stocks Rated Buy Or Better 0 comments
    May 21, 2012 12:28 AM | about stocks: BBEPQ, CMLP, MWE

    Interested in oil & gas drilling stocks? Interested in finding stocks that pay reliable dividends? Do you prefer stocks that analysts rate as 'Buy', or better? Do you prefer stocks that are projected to grow over the next year? For ideas on where to look, we ran a screen you may be interested in.

    EPS growth (earnings per share growth) illustrates the growth of earnings per share over time. The 1-Year Expected EPS Growth Rate is an annual growth estimate, where the growth projections are made by analysts, the company or other credible sources.

    We first looked for oil & gas drilling stocks with a very high yield (more than 5%). From here, we then looked for companies that analysts rate as "Buy" or "Strong Buy" (mean recommendation < 3). We then looked for businesses that are considered high-growth, with 1-year projected EPS growth above 25%. We did not screen out any market caps.

    Do you think these stocks are in strong positions for future growth? Use our screened list as a starting point for your own analysis.

    1) Crestwood Midstream Partners LP (NYSE:CMLP)

    Sector: Basic Materials
    Industry: Oil & Gas Drilling & Exploration
    Market Cap: $1.15B
    Beta: 0.87

    Crestwood Midstream Partners LP has a Dividend Yield of 7.55% and Payout Ratio of 200.05% and Analysts' Rating of 2.10 and 1-Year Projected Earnings Per Share Growth Rate of 26.67%. The short interest was 0.31% as of 05/20/2012. Crestwood Midstream Partners LP engages in gathering, compressing, treating, processing, and transporting natural gas primarily on the Barnett Shale formation of the Fort Worth Basin in north Texas. The company conducts its operations through its Cowtown System, Lake Arlington Dry System, and Alliance Midstream Assets, as well as the Fayetteville Shale and the Granite Wash plays. As of December 31, 2010, it managed approximately 500 miles of natural gas gathering pipelines.

    2) MarkWest Energy Partners LP (NYSE:MWE)

    Sector: Basic Materials
    Industry: Oil & Gas Drilling & Exploration
    Market Cap: $3.63B
    Beta: 0.99

    MarkWest Energy Partners LP has a Dividend Yield of 6.22% and Payout Ratio of 159.32% and Analysts' Rating of 1.70 and 1-Year Projected Earnings Per Share Growth Rate of 43.07%. The short interest was 0.61% as of 05/20/2012. Markwest Energy Partners, L.P., together with its subsidiaries, engages in the gathering, processing, and transportation of natural gas in the southwest, Gulf Coast, and northeast regions of the United States.

    3) Breitburn Energy Partners L.P. (BBEP)

    Sector: Basic Materials
    Industry: Oil & Gas Drilling & Exploration
    Market Cap: $1.17B
    Beta: 0.87

    Breitburn Energy Partners L.P. has a Dividend Yield of 10.79% and Payout Ratio of 68.74% and Analysts' Rating of 1.50 and 1-Year Projected Earnings Per Share Growth Rate of 79.07%. The short interest was 0.74% as of 05/20/2012. BreitBurn Energy Partners L.P. engages in the acquisition, exploitation, and development of oil and gas properties in the United States. The company's properties include natural gas, oil, and midstream assets comprising fields in the Antrim Shale in Michigan, and the New Albany Shale in Indiana and Kentucky; and fields in the Evanston and Green River basins in southwestern Wyoming, the Wind river and Big Horn basins in central Wyoming, the Powder River basin in eastern Wyoming, the Los Angeles basin in California, and fields in Florida's Sunniland Trend. As of December 31, 2011, its total estimated proved reserves were 151.

    *Company profiles were sourced from Finviz. Financial data was sourced from Yahoo Finance.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: BBEPQ, CMLP, MWE
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