3 Small Cap Energy Stocks With a High-Yield Preferred Option

When researching a particular sector or stock, my attention is often temporarily diverted to other opportunities that were not originally contemplated when the research began. This was the case when researching small capitalization energy stocks. I found that a few of these companies have preferred shares with yields of nearly 9% and above. Of course, the higher yield is due to the higher risk associated with the investment. Therefore, these preferred stocks may not be appropriate for all income portfolios. However, soaring oil prices should help most energy stocks at least keep making their preferred dividend payments as long as they have exposure to oil and natural gas liquids. Below are a few of the companies I looked at that had high-yielding preferred shares outstanding.Double Eagle Petroleum Company (DBLE) issued shares of 9.25% Series A Preferred Stock on July 3, 2007 trading under the symbol (DBLEP). The preferred shares... Read more