Exterran Partners, L.P. (NASDAQ:EXLP)

CAPS Rating: 5 out of 5

Provides natural gas contract compression services to customers throughout the United States.

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Player Avatar neskolf (32.68) Submitted: 12/20/2009 8:35:32 PM : Underperform Start Price: $17.13 EXLP Score: -1.70

Perhaps I'm missing something here. While this stock has a generous dividend, it's current payout ratio is nearly 200% and two of the last three reported insider transactions were open market sales at under $20/share (the third was a closed market acquisition).

Again, I may be missing something, but the dividend is one of the reasons that most investors are attracted to an issue like Exterran. The way things are going, I don't see the dividend being sustained at its current level for the long term.

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