More High Yield Energy Stocks with Your Name on Them
August 02, 2011
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RELATED TICKERS: WLL
, TOT
, PWE
High yield stocks can pay great dividends to their investors. The energy sector is a great to put some money for safe keeping, and for high yield stocks.
" Total is one of the half-dozen largest integrated oil companies in the world. Based in France, the firm’s market cap is around $127 billion. It’s P/E ratio for the trailing twelve months is 7.24 and its price/book ratio is a low 1.37. The company pays a dividend of $2.73, for a forward yield of 4.9%. No other major integrated oil firm is even close. Shares are trading about -14% below 52-week highs.
Whiting USA Trust I is a REIT that operates as a subsidiary of Whiting Petroleum Corp. (NYSE: WLL), and owns interests in WLL’s operations in the Midwest, the Rocky Mountains, and Texas. The trust is categorized as a drilling company with a market cap of $229 million. It’s trailing P/E is 6.21 and its price/book ratio is 4.0. The current dividend is $2.91, for a forward yield 16.70%. This is the highest yield rate among oil & gas companies traded on a major exchange. The trust’s shares are currently trading about -32% below their 52-week high.
Penn West is Canadian-based E&P company with a market cap of more than $10 billion. It operates primarily in western Canada. The company’s trailing P/E is 22.88, but its forward P/E drops to 13.02 and its price/book ratio is a very low 1.09. The company pays a dividend of $1.10 and its forward yield is nice 4.8%. Shares are trading about -23% below the 52-week high."
Find additional research here: http://turnkeyoil.com/2011/08/01/more-high-yield-energy-stocks-with-your-name-on-them/
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