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 Natural Gas. Show all posts
Showing posts with label Natural Gas. 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
Sunday, April 3, 2011
Utility Stocks that Increased Dividends
Income investors like the dividends they receive from gas and electric utilities, but they love dividend increases. If investors reinvest their dividends, then compounding can be significantly greater when the dividends are rising. In the last couple months, a few of the top yielding utility stocks listed at WallStreetNewsNetwork.com boosted their dividend payouts.
For example, the Arizona based electric utility, UniSource Energy Corporation (UNS), bumped up its quarterly dividend to $0.42 a share, an increase of 7.7%. The stock trades at 13 times forward earnings and has a yield of 4.7%.
WGL Holdings, Inc. (WGL) is an Eastern US natural gas distributor that serves Maryland, Virginia, Delaware and the District of Columbia. The company is now paying a quarterly dividend of $0.3875 per share, up 2.6% from its previous payout. The stock has a forward price to earnings ratio of 16 and yields 4.1%.
For investors looking for diversification, the Reaves Utility Income Fund (UTG) is a closed end fund that trades on the NYSE American Stock Exchange. The fund increased its monthly dividend by 8.7% to $0.125 per share, giving a yield of about 5.6%. This is the fifth dividend increase since 2004.
To access a free list of all the top yielding electric and gas utility stocks, which can be downloaded, sorted, and updated, go to WallStreetNewsnetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
For example, the Arizona based electric utility, UniSource Energy Corporation (UNS), bumped up its quarterly dividend to $0.42 a share, an increase of 7.7%. The stock trades at 13 times forward earnings and has a yield of 4.7%.
WGL Holdings, Inc. (WGL) is an Eastern US natural gas distributor that serves Maryland, Virginia, Delaware and the District of Columbia. The company is now paying a quarterly dividend of $0.3875 per share, up 2.6% from its previous payout. The stock has a forward price to earnings ratio of 16 and yields 4.1%.
For investors looking for diversification, the Reaves Utility Income Fund (UTG) is a closed end fund that trades on the NYSE American Stock Exchange. The fund increased its monthly dividend by 8.7% to $0.125 per share, giving a yield of about 5.6%. This is the fifth dividend increase since 2004.
To access a free list of all the top yielding electric and gas utility stocks, which can be downloaded, sorted, and updated, go to WallStreetNewsnetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Wednesday, January 26, 2011
High Yield Utilities that can Benefit from Lower Fossil Fuel Prices
According to the U. S. Energy Information Administration, fossil fuels supply about 70 percent of the country's requirements for electricity generation. Currently the dominant fossil fuels used by the industry are coal, petroleum, and natural gas.
Many investors feel that the price of oil has peaked for now and is in a downtrend. Some analysts believe that due to the glut of natural gas and the recent major gas finds, that the price of gas will remain low for a while. The price of coal is much lower than it was in 2008. If this trend continues, investors could benefit from investing in utility stocks that use oil, gas, and/or coal as a major fuel source of electrical generation, since the cost savings for these companies should pass through to the bottom line. According to WallStreetNewsNetwork.com, there are around 30 electric utilities with yields above 4%. Many of these companies use fossil fuels as a significant source of fuel to generate electricity.
For example, Pinnacle West Capital Corp. (PNW) has one of the heaviest exposures, with approximately 31% of its electric energy coming from natural gas and oil. About 38% comes from coal and 27% from nuclear. This Phoenix, Arizona based electric utility trades at 14 times earnings and provides a generous yield of 5%. Earnings for the quarter ending September 30 were up 25%. The company reports its latest earnings February 18.
OGE Energy Corp. (OGE) has 38% of its energy coming from natural gas, with 60% from coal. The company serves the south central United States. The stock has a price to earnings ratio of 15 and a yield of 3.3%. Earnings for the quarter ending September 30 were up 19%. The company reports its latest earnings February 17.
Westar Energy Inc. (WR) generates about 7% of its energy from natural gas, with 78% from coal and 14% from nuclear. This utility, which serves Kansas, has a PE of 13.8 and a yield of 4.8%.
If you like utility stocks, you can find a free Excel database of utility stocks, which you can download, update and sort, at WallStreetNewsNetwork.com
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
Sunday, November 28, 2010
Spotlight on a 4.6% Gas Utility Generating Revenues for Over 150 Years
This stock has been around for a long, long time. This is a stock that is the eighth oldest listed stock on the New York Stock Exchange, has traded on the exchange for 121 years, was one of the original stocks in the Dow Jones Industrial Average in 1896, has increased its dividend for the last seven years, and was founded in 1857, more than a century and a half ago. On top of that, the company just boosted its quarterly dividend by 2.5% to 40.5 cents per share, providing a very favorable yield of 4.6%.
The stock, Laclede Group Inc. (LG), which was formerly known as Laclede Gas Company, is a natural gas utility that provides natural gas service to about 630,000 residential, commercial, and industrial customers in Missouri. It trades at 13.5 times forward earnings and has an operating cash flow of about three times its total dividend payout. The company has increased its dividend every year since 2003.
Laclede recently reported net income for its fiscal year ended September 30, 2010 at $2.43 diluted earnings per share, the third-highest in the company's history. For the fourth fiscal quarter of 2010, the company narrowed its loss, reporting a loss of $0.07 per share, versus a loss of $0.22 per share for the same quarter last year. Quarterly earnings rose 12.7% year over year.
There are many other high yield natural gas and propane gas utilities. WallStreetNewsNetwork.com has just updated its Excel list of 25 gas utilities with yields ranging up to to 7.5%, such as Nicor (GAS) yielding 4.2%, Spectra Energy (SE) yielding 4.2%, and Chesapeake Utilities (CPK) yielding 3.5%.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
The stock, Laclede Group Inc. (LG), which was formerly known as Laclede Gas Company, is a natural gas utility that provides natural gas service to about 630,000 residential, commercial, and industrial customers in Missouri. It trades at 13.5 times forward earnings and has an operating cash flow of about three times its total dividend payout. The company has increased its dividend every year since 2003.
Laclede recently reported net income for its fiscal year ended September 30, 2010 at $2.43 diluted earnings per share, the third-highest in the company's history. For the fourth fiscal quarter of 2010, the company narrowed its loss, reporting a loss of $0.07 per share, versus a loss of $0.22 per share for the same quarter last year. Quarterly earnings rose 12.7% year over year.
There are many other high yield natural gas and propane gas utilities. WallStreetNewsNetwork.com has just updated its Excel list of 25 gas utilities with yields ranging up to to 7.5%, such as Nicor (GAS) yielding 4.2%, Spectra Energy (SE) yielding 4.2%, and Chesapeake Utilities (CPK) yielding 3.5%.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Subscribe to:
Posts (Atom)