4 Preferred Energy Stocks For Yield Seekers

I ran a stock screen on the energy sector. Preferred stocks tend to be speculative in this arena, and thus have higher yielding securities. With the Fed targeting 0%-0.25% for the federal funds rate, hoarding cash is a lose-lose situation. To beat inflation and seek alpha, you ought to consider the following: Magnum Hunter Resources (MHR) (10.25% Cumulative Series C) Recent Price $25.20 per share Callable? Yes, at $25.00 per share, since Dec 2011 Preferred Stock IPO Dec 2009 Dividends $0.2135417 per month All payments made since inception Next dividend payment should be on Mar 30 Record date is on Mar 15 Current yield 10.0% S&P Rating None 52 week trading range $17.79 - 27.49 Ticker symbol (Yahoo! / Google / Fidelity) MHR-PC / MHR-C / MHR/PC In the first nine months of 2011, losses before taxes widened to $20.028 million from $14.609 million in the same... Read more