4 Mid-Cap Oil & Gas Equities That Currently Yield Over 7%
After screening for small-cap oil & gas equities yielding over 7%, and because I find the basic materials sector so very interesting and fundamental to the global economy, I decided to continue digging and have now developed a complimenting mid-cap ($2-10 Billion market capitalization) list of four oil & gas companies that currently yield over 7%.While all four are oil & gas companies, they do engage in varying sub-industries, such as exploring, drilling, refining and pipeline distribution. Higher oil and/or gas prices tend to be a positive (and lower prices will be a negative…caveat emptor) for such sub-industries to varying degrees. The following is a list of 4 mid-cap oil & gas equities that currently yield over 7%, listed in alphabetical order. BP Prudhoe Bay Royalty Trust (BPT) Yield: 8.2% Market Capitalization: $2.5 Billion Industry: Oil & Gas Refining and Marketing 1-year return: 15.1% BPT is a royalty trust.... Read more