Copano Energy, L.L.C. (CPNO)

paid out a dividend of $0.57.

Seems to be on a healthy upswing

strategic ngas play along with many others - driven by carbon, and eventual pick up in economic activity - essentially a low-cost entry into a rapidly growing dividend

Natural Gas will be integrated into the US energy consumption cycle at some point. Natural resource = depletable cleaner energy commodity (currently around a bottom) = $

This stock's price has been beaten down. The company is still turning a profit and has stable revenue. As a gas/oil pipeline their prospects are tied to the economy as a whole. As consumption increases, so will their share-price, their P/E will drop into line, and their Div will return to stability.

CPNO is a smaller pipeline in the industry and as such has been hit harder than its competitors, but across the board, CNP, SWN, EPD, etc have all seen their revenue drop by double digits. When things turn around, they will out-perform their larger cap siblings.

Great dividend yield

It's a solid company that is designed to be friendly to investors.

Whats not to like about a company that has a +10% dividend yield that isn't taxed like a dividend, moves a product that will be around for a long time, paid its upfront costs and now just collects cash to give to unit holders. Plus this one isn't so well followed like the bigger players

Looks good. Sell at $40- $50 range.

EMA Cross

High Yield/ Safe Yield Pick

Natural Gas Service Company

Poor valuation compared to peers.

unsustainable divedend payout

I'm relucktant to say outperform for a few reasons: Payout ratio on didvidend is not real (literally), the revenue dropped slightly last quarter, and they increased the shares outstanding. However, they increased there cash on hand significantly and reduced recievables.

And what makes me say outperform is that oil/ Natural gas is low right now and the stock will definately rise when prices start going back up in the spring/summer.

Not sure if will maiintain it's current distribution

We will still be using gas, evne if the economy tanks, This company has a great handke on the basics of transmission.

Limited partnership without general partner - a good escape from the coming Obama dividend tax hikes, at least until you sell it (and maybe you can sell it when someone who cuts taxes is in office:))

Hard assets - natural gas pipelines - that move an essential product. Recent acquisition of a pipeline from Transco not reflected in stock price and should boost earnings.

Good P/E right now (<13), fat dividend (>12%) seems sustainable since the payout ratio, even though above 100%, is below the industry average. Right now, sells for pretty much its book value, which is a bargain. Relatively low debt/equity ratio.

pipeline asset