It had to happen sooner or later. Natural gas is considered a much cleaner fuel than petroleum. Now a company called NCI is building natural gas fueling stations in Lee County, Florida for the general public and businesses. The fist will be a service station near Southwest Florida International Airport. Earlier this year, the city of North Little Rock built its first condensed natural gas fueling station, which is open to the public. Consumers, businesses, and governments are gradually making the shift, which should increase demand for natural gas.
There are many publicly traded companies involved in the distribution of natural gas, to both homes and businesses, and over 15 over them have yields in excess of 3%. For example, Atmos Energy Corporation (ATO) is involved in the distribution, transmission, and storage of natural gas. This Dallas, Texas based company, which was founded in 1906, trades at 13 times forward earnings and pays out a very favorable yield of 4.2%. Dividends on an annual basis increased from 1.37 to 1.38 per share. Earnings for the latest quarter were up an incredible 27.6% on a 1.4% revenue increase.
Another high yielder is Spectra Energy (SE) transports and stores natural gas for customers in various regions of the northeastern and southeastern United States, plus the Maritime Provinces and the Western Provinces in Canada. The company, based in Houston, trades at 16 times forward earnings and boasts a yield of 3.8%. Latest quarterly earnings were up an amazing 28.9% on a 10.2% rise in sales.
Other natural gas companies worth taking a closer look at include Northwest Natural Gas (NWN) at a 3.8% yield, WGL Holdings Inc (WGL) paying 3.7%, and Sempra Energy (SRE) at 3.6%. You can access a free list of over 25 natural gas companies, along with their financial data, at WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Showing posts with label ATO. Show all posts
Showing posts with label ATO. Show all posts
Sunday, December 18, 2011
Wednesday, September 7, 2011
10,000 Natural Gas Filling Stations in 5 Years: High Yield Gas Stocks
According to Aubrey McClendon, the CEO of Chesapeake Energy Corp., the United States could have tens of thousands of natural gas filling stations for cars and trucks within a few years. Many investors prefer natural gas over oil, as it is a greener fuel generating a lower carbon footprint. Plus, it also has a long history as a fuel.
The yields on natural gas stocks are fairly decent. Based on the recently updated list at WallStreetNewsNetwork.com, over 20 gas utilities have yields ranging from 2% to over 7%. One example is Energy Transfer Partners L.P. (ETP), which is a publicly traded limited partnership that processes, transports, and sells natural gas. The stock trades at 17.4 times forward earnings and pays a generous yield of 8.2%. The company has been paying quarterly since 1997.
Dallas Texas based Atmos Energy Corp. (ATO) trades at 13.7 times forward earnings and yields 4.1%. The company has been paying dividends since 1989.
Chesapeake Utilities Corporation (CPK) is a provider of natural gas distribution services in Delaware, Maryland, and Florida. The stock has a forward price to earnings ratio of 13.3 and pays a yield of 3.5%.
For a free list of high yield natural gas utility stocks, which can be downloaded, sorted, and added to, go to WallStreetNewsNetwork.com. The list has over twenty different stocks with yields above 2%.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
The yields on natural gas stocks are fairly decent. Based on the recently updated list at WallStreetNewsNetwork.com, over 20 gas utilities have yields ranging from 2% to over 7%. One example is Energy Transfer Partners L.P. (ETP), which is a publicly traded limited partnership that processes, transports, and sells natural gas. The stock trades at 17.4 times forward earnings and pays a generous yield of 8.2%. The company has been paying quarterly since 1997.
Dallas Texas based Atmos Energy Corp. (ATO) trades at 13.7 times forward earnings and yields 4.1%. The company has been paying dividends since 1989.
Chesapeake Utilities Corporation (CPK) is a provider of natural gas distribution services in Delaware, Maryland, and Florida. The stock has a forward price to earnings ratio of 13.3 and pays a yield of 3.5%.
For a free list of high yield natural gas utility stocks, which can be downloaded, sorted, and added to, go to WallStreetNewsNetwork.com. The list has over twenty different stocks with yields above 2%.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Tuesday, December 21, 2010
Carl Icahn Pumps Gas
On Monday, it was announced that billionaire trader and investor Carl Icahn increased his stake in Chesapeake Energy (CHK) from from 16.6 million shares to 38.6 million shares, an increase of over 132%. This announcement set off a buying frenzy, causing the stock to jump almost 9% during the day. Of course, Chesapeake trades at 9.8 times forward earnings and is one of the natural gas utilities that pays a yield, giving its investors a payout of 1.3%.
According to WallStreetNewsNetwork.com, there are over 25 natural gas stock paying yields as high as 7%. For example, Atmos Energy Corporation (ATO) is a Dallas, Texas based distributor of natural gas that yields 4.3%. As a matter of fact, the company just increased its payout from $0.335 per quarter to $0.34, and has increased its dividend every year since 1989. The stock has a forward price to earnings ratio of 13 and recently reported a 20.9% increase in revenues.
TransCanada Corp. (TRP) is a Calgary, Alberta based natural gas distributor which has a dividend payout of 4.2%. It is also involved in electrical generation. The stock trades at 16 times forward earnings, with earnings rising for the latest quarter 13.3% on a 3.9% rise in revenues.
Northwest Natural Gas Company (NWN), which distributes gas in Washington, Oregon, and California, yields 3.7%. The stock has a forward PE of 16.7. However, revenues were down 18.6% for the latest quarter.
To see the entire list of natural gas stocks that pay dividends, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
According to WallStreetNewsNetwork.com, there are over 25 natural gas stock paying yields as high as 7%. For example, Atmos Energy Corporation (ATO) is a Dallas, Texas based distributor of natural gas that yields 4.3%. As a matter of fact, the company just increased its payout from $0.335 per quarter to $0.34, and has increased its dividend every year since 1989. The stock has a forward price to earnings ratio of 13 and recently reported a 20.9% increase in revenues.
TransCanada Corp. (TRP) is a Calgary, Alberta based natural gas distributor which has a dividend payout of 4.2%. It is also involved in electrical generation. The stock trades at 16 times forward earnings, with earnings rising for the latest quarter 13.3% on a 3.9% rise in revenues.
Northwest Natural Gas Company (NWN), which distributes gas in Washington, Oregon, and California, yields 3.7%. The stock has a forward PE of 16.7. However, revenues were down 18.6% for the latest quarter.
To see the entire list of natural gas stocks that pay dividends, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
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