How would you like to own a high-yielding refining stock? What a difference a few weeks makes -- if we'd asked you that question around mid-October, you probably would've run, not walked away. Not now. After bottoming out last month, refiners have taken off and outperformed the market handily. Why? Because falling crude prices have greatly increased refiners' margins, or "crack spread." This week's focus stock, Northern Tier Energy, (NYSE:NTI), is no exception. It's up over 21% since the October 15th lows, vs. a 9%+ rise for the S&P 500.
NTI is an independent downstream energy company with refining, retail, and pipeline operations that serve the PADD II region of the United States. Northern Tier's refining business primarily consists of an 89,500 barrels per calendar day (96,500 barrels per stream day) refinery located in St. Paul Park, Minnesota. The refinery's complexity allows it to process a variety of light, heavy, sweet and sour crudes into higher value refined products. The St. Paul Park Refinery is one of only two refineries in Minnesota and one of four refineries in the Upper Great Plains area within the PADD II region.
Source: Seeking Alpha
Related Articles:
- Are Defense Stocks Good Defensive Stocks?
- International Securities For A Diversified Income Portfolio
- 5 Dividend Stocks That Gave Me A 20%+ Annualized Return
- 6 Rainy Day Dividend Stocks
- When A Stock Fails To Raise Its Dividend: Is It Time To Sell Intel?
This High-Dividend Stock Nearly Doubled Its Dividend, Yields 10%+;Goes Ex-Dividend This Week
Posted by D4L | Thursday, December 18, 2014 | ArticleLinks | 1 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
Crikey! That's some yield! Definitely something to investigate,
Cheers!