Actionable news
All posts from Actionable news

This High-Yielding MLP Is a No-Brainer With Climbing Energy Prices

Once the darlings of Wall Street, energy master limited partnerships have gotten slaughtered by the protracted decline in energy prices.

However, select MLPs have made a comeback over the past month as energy prices appear set on a lasting upward trajectory.

In this dismal era of 1% certificates of deposit and declining dividend growth rates, investors are desperate for the double-digit yields once afforded by MLPs.

Those looking for a hidden gem in the battered MLP sector that provides a sustainable high yield as well as robust potential capital appreciation should consider Transocean Partners (RIGP - Get Report) .

The continuing recovery of energy prices should prove a resilient tailwind for this well-managed MLP, making it one of the best growth-and-income plays found in the volatile broader market.

Must Read: Fear of a Freak Market Crash Is Worse Than the Actual Event Itself

Transocean Partners is an offshore drilling contractor in the Gulf of Mexico, operating a fleet of two ultra-deep water drill ships and one ultra-deep water semi-submersible rig. The company is scheduled to report first-quarter earnings on May 6, and the results are expected to be strong.

The average analyst...