Energy. You can drill for it, buy and sell it, transport it via pipelines, ships and rail, supply it to your local community in various forms, and you can invest in its many forms, be it crude, natgas, solar, wind, or thermal. This LP yields 11.21%, with very strong 1.48X trailing coverage. Management sold off non-performing assets in 2017 and has a clear path to stable performance in 2018. Revenue grew 23% in Q1 '18, and distribution coverage was 1.85X.
Global Partners LP (GLP), is a diversified energy company which we've owned since the Crash of 2008, when we were lucky enough to have bought it at firesale prices, at a time when the world was seemingly going to end. We've held onto GLP since then, through its big growth phase, when it rose to the high 40s in 2014, through its downward spiral in the Crude Crash of late 2015-early 2016, when it reached the low teens (along with many other energy companies).
Source: Seeking Alpha
Related Articles:
- Rising Dividends = Rising Returns
- High-Yield, High-Return Investments To Increase Income While Waiting On Dividend Growth
- Illinois Tool Works Inc. (ITW) Dividend Stock Analysis
- The Most Dangerous Investment
- 9 Dividend Stocks Beating The 4% Rule
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Add it all up, and things are starting to get tense. That leaves investors wondering where they can go for safety. After years of tech outpe...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
Dividend-paying stocks are like the ballast that keeps a ship from capsizing during stormy seas. They provide grounding for investors who, w...
-
Are you on the hunt for a generous and reliable dividend stock? If so, the list of Dividend Aristocrats -- comprised of those few companies ...
-
Individual investors were jolted by the sudden reappearance of market volatility in October. Given a range of issues spanning natural gas av...
-
If you’ve paid any attention to the financial news lately, you’d know that market sentiment has changed. This shouldn’t come as a surprise; ...
-
Despite a strong year, the renewable power company has lost 20% of its value, which has pushed its dividend yield up to 7%. That lower price...
-
While these pharma stocks have steady cash flows and revenues, there’s still plenty of growth left in the tank from new drugs in development...
0 comments
Post a Comment
Post a Comment