Legacy Reserves LP (NASDAQ:LGCY)
CAPS Rating:
An independent oil and natural gas partnership company, which focused on the acquisition and exploitation of oil and natural gas properties.
An independent oil and natural gas partnership company, which focused on the acquisition and exploitation of oil and natural gas properties.
Recs
Currently, the dividend yield of this oil & gas stock is 13%.
I don't know about you, but I'd be very happy with 13% profits for the next 5 years (especially since the S&P 500 is still too overpriced and Dow 10,000 is not going to happen very soon in a flat recovery).
careful......id never make a statement about what the dow will do, up, down, left, right, b , a, b, a , start,.......( inside joke, contra code a believe lol )
for real though, have you come across "warren buffets essays" ? great read. check that one out if u havent.