4 Top Yielding Natural Gas Utility Stocks
Natural gas has several benefits over oil, especially in the green area, as natural gas generates a lower carbon footprint. It also has a long history as a fuel; one of the original Dow Jones Industrial Average stocks from the 1800's is a natural gas distributor that is still trading today, Laclede Group Inc. (LG). Laclede trades at 14.5 times forward earnings and sports a yield of 4.4%.Many other natural gas utility companies pay fairly high yields. As a matter of fact, according to WallStreetNewsNetwork.com, over 20 gas utilities have yields ranging from 2% to over 7%. For example, Energy Transfer Partners L.P. (ETP) is a publicly traded limited partnership that processes, transports, and sells natural gas. The stock trades at 17.9 times forward earnings and pays a generous yield of 7.6%. The company has been paying quarterly since 1997.Dallas Texas based Atmos Energy Corp (ATO) trades at... Read more