Top 5 Gas Utility Stocks To Invest In Right Now: BreitBurn Energy Partners L.P.(BBEP)
BreitBurn Energy Partners L.P. engages in the acquisition, exploitation, and development of oil and gas properties in the United States. The company?s properties include natural gas, oil, and midstream assets comprising fields in the Antrim Shale in Michigan, and the New Albany Shale in Indiana and Kentucky; and fields in the Evanston and Green River basins in southwestern Wyoming, the Wind river and Big Horn basins in central Wyoming, the Powder River basin in eastern Wyoming, the Los Angeles basin in California, and fields in Florida?s Sunniland Trend. As of December 31, 2011, its total estimated proved reserves were 151.1 million barrels of oil equivalent. BreitBurn GP, LLC serves as the general partner to the company. BreitBurn Energy Partners L.P. was founded in 2006 and is headquartered in Los Angeles, California.
Advisors' Opinion:- [By Matt DiLallo]
What: Breitburn Energy Partners (NASDAQ: BBEP ) participated in today's oil stock relief rally. At one point, units were up over 13% before cooling off by mid-afternoon. Still, after the beating units have taken the past two weeks, it must be nice to have some relief from the constant drop in value.
- [By Robert Rapier]
The fracking revolution has created enormous opportunities for Master Limited Partnerships (MLPs) across the oil and gas industry. Upstream MLPs like BreitBurn Energy Partners (NASDAQ: BBEP) and Legacy Reserves (NASDAQ: LGCY) produced the oil and gas. There was a huge new requirement for sand in the fracking operations, and this encouraged new MLPs like Emerge Energy Services (NYSE: EMES) and Hi-Crush Partners (NYSE:HCLP) — both of which have more than doubled in price over the past 12 months. Fracking also requires large volumes of water, which Cypress Energy! Partners (NYSE: CELP) provides.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-gas-utility-stocks-to-invest-in-right-now-2.html
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