Thursday 11 April 2013

BreitBurn Energy Partners dividend yield growth outlook 2013

top dividend stocks to Buy - BreitBurn Energy Partners dividend yield growth outlook 2013 : BreitBurn Energy Partners LP (BBEP) is an oil and gas E&P company buying proved producing properties, which have further potential for development. The company deals in acquisition, exploitation and development of oil and gas properties in the U.S. Its reserves distribution has grown from 35% to 50% since last year with much of it coming from the acquisition of over $600 million in new, "oily" properties in 2012. It's a good strategy, as oil prices have held up much better than U.S. natural gas prices in the last few years.