Yet another oil and natural gas L.P. stock has joined the portfolio...
BreitBurn Energy Partners (BBEP)
Positives:
Generous 7.6% dividend yield.
Low payout ratio (34%) and positive free cash flows ensure stability of future dividends.
Negatives:
Low ROA and ROE (3% and 5% respectively).
Additionally, the plug has been pulled on the YRC Worldwide (YRCW) experiment. I can't say I didn't see it coming, either.
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.53%
Southern Copper (SCCO) 10.95%
Google (GOOG) 7.19%
Dominion Resources Black Warrior Trust (DOM) 6.58%
Ace Limited (ACE) 4.33%
Baidu (BIDU) 4.23%
Apache (APA) 4.00%
The Distressed (AIG, BGP, C, CRIC, ENER, ETFC, F, GIGM, JSDA, MOT, PCS, WFC) 3.93%
BP Prudhoe Bay Royalty Trust (BPT) 3.77%
Hugoton Royalty Trust (HGT) 3.72%
Annaly Capital Management (NLY) 3.72%
Cherokee (CHKE) 3.59%
Frontline (FRO) 3.24%
Great Northern Iron (GNI) 3.21%
American Software (AMSWA) 3.14%
Prospect Capital (PSEC) 2.81%
Vodafone (VOD) 2.72%
Blackstone (BX) 2.60%
Intel (INTC) 2.50%
McDonald's (MCD) 2.49%
F5 Networks (FFIV) 2.43%
DuPont (DD) 2.41%
BreitBurn Energy Partners (BBEP) 2.29%
Intuitive Surgical (ISRG) 1.37%
Cree (CREE) 1.16%
