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
-
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...
-
Boring stocks to buy and hold almost always align with deeply established businesses. While they won’t offer the outstanding growth potentia...
-
Did you know that if a company were to increase its dividends by 5% per year, it would take 14 years for its payouts to double? And if its r...
-
The quick rise in interest rates over the past year turned investor sentiment toward REITs negative. Higher interest rates make it harder fo...
-
While there are many paths investors can take to generate long-term wealth, our preferred method is to buy-and-hold quality dividend stocks ...
-
Dividend Kings are stocks that have increased their dividends annually for at least 50 consecutive years. That's five full decades or mo...
-
Indeed, with recession on the horizon, investors are increasingly emphasizing quality, safety and dividends in their portfolio selections. W...
-
While it is prudent to build a more robustly diversified portfolio than just three stocks, the three discussed in this article are sure to g...
-
Verizon (VZ -1.75%) pays one of the biggest dividends in the S&P 500. The telecom giant currently yields 6.5%. That's one of the top...
-
Cash is king when you’re looking to add dividend stocks to your portfolio There’s ample reason for caution. In case you haven’t noticed, a l...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.