fter bottoming around 400, the (US) rig count has increased to over 700 rigs currently, up about 80% from the low point. Commodity prices for both oil and natural gas are significantly higher and have appeared to stabilize at levels that permit economic exploration and production. Energy industry activity, as measured by rig counts in capex spending, is quite encouraging. The capital markets have opened up and the general level of confidence throughout the sector has risen significantly. This stock yields 11.58%, with distributions supported by fee-based contracts. It's benefiting from an industry turnaround - they just reported record Revenues in Q4. Management has paid down more debt recently - the company now has one of the lowest debt loads in its industry. It has a competitive advantage in the most in demand equipment in its industry.
USA Compression Inc. (NYSE:USAC) provides natural gas compression services under term contracts with customers in the oil and gas industry in the United States. It engineers, designs, operates, services and repairs its compression units and maintains related support inventory and equipment. USAC focuses on providing compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities and transportation applications, which call for large horsepower compression units.
Source: Seeking Alpha
Related Articles:
- 5 Tech Stocks With A History of Growing Their Dividends
- 8 Dividend Stocks For The Ultimate In Deferred Gratification
- The Most Important Thing To Consider When Selecting A Dividend Stock
- 5 Healthcare Stocks With Growing Dividends Yielding In Excess of 2%
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
High-Dividend Stock Yields 11%, Industry Turnaround Picking Up, Analysts Raising Price Targets
Posted by D4L | Saturday, March 11, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
The best dividend stock nobody is talking about is an undervalued, high-dividend chemical company poised to grow at an exponential rate. Wit...
-
If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the ...
-
Last week, we found out that the consumer price index (CPI) went up by 8.3% in April, more than the 8.1% estimate. Meanwhile, the ongoing wa...
-
When shares trade at a 40% discount to book value, they should have substantial flaws. This REIT isn’t perfect, but it deserves a higher rat...
-
A full-blown recession, or the late-year rally in Wilson’s view – the natural move for investors will be toward defensive stocks, moves to p...
-
If any investor has stood the test of time, it is Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock-star...
-
The Dividend Kings, which are those stocks with at least 50 years of dividend growth, is an excellent place to find high quality names. Ther...
-
Mid-cap dividend stocks are the best bargain on the board right now. I love them because lame income investors don’t consider them. They fix...
-
When a retailer has a sale, it's often celebrated with banners, signs, and commercials telling customers not to miss out on the spectacu...
-
5 big yields, all with upside. But I've got 1 more share to mention. With most of the earnings releases out, the charts are updated to s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.