If you have been following this column, you would know that master limited partnerships (MLPs) have become some of the highest yielders in the current stock market. Most MLPs come from the midstream energy sector. By operating midstream assets like transportation pipelines and storage terminals, these partnerships can churn out stable cash flows and pay hefty distributions.
Today’s article is about another energy partnership. But unlike most other MLPs, it is not in the energy transportation or storage business. Instead, I’m talking about Seadrill Partners LLC (NYSE:SDLP), which owns and operates offshore drilling rigs. The partnership was created by deepwater drilling contractor Seadrill Ltd (NYSE:SDRL) and went public in 2012. Since then, Seadrill Partners has grown quite a bit by acquiring offshore drilling rigs from its parent company, as well as from third parties.
Source: Income Investors
Related Articles:
- 26 Income Securities For A Well-Rounded Asset Allocation
- 5 Small/Mid-Cap Dividend Growth Stocks Answering The Call
- 8 Dividend Stocks With The Right Stuff
- Free Cash Flow Payout vs. Dividend Payout
- 6 Dividend Stocks Trading at a Double-Digit Discount
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There’s nothing more satisfying that getting money for doing nothing. That’s why dividend stocks hold so much appeal for portfolios. Many of...
-
We've broadened our search to the S&P 500, and also found two high-dividend stocks among the dividend yield leaders of that larger i...
-
Dividend stocks can be a great source of passive income. Not only do they deliver cash into your brokerage account on a recurring basis, but...
-
I believe in dividend growth investing and consider holding strong companies will help me going through any stock market storm. I believe di...
-
Generally speaking, the higher the yield, the higher the risk involved. Since yield is a function of share price, a failing business model w...
-
With bond rates already low and the Fed hinting at rate decreases, dividend stocks are in high demand these days, as alternatives in the fix...
-
If you are retired, you have likely shifted from building your nest egg to living off your assets. That means you probably gravitate toward ...
-
What kind of income-generating assets make the most sense? Obviously, those that appear undervalued with respect to the basket/group of stoc...
-
Warren Buffett famously quipped that if you aren't willing to own a stock for 10 years, you shouldn't think about owning it for 10 m...
-
REITs are reporting higher revenue and earnings so far for the quarter. But one of the specific metrics for profitability comes from the rat...
0 comments
Post a Comment
Post a Comment