Top Shipping Companies For 2015

Top Shipping Companies For 2015: QR Energy LP(QRE)

QR Energy, LP, through its subsidiary, QRE Operating, LLC, engages in the acquisition, production, and development of onshore crude oil and natural gas properties in the United States. As of March 31, 2011, its properties consisted of working interests in 2,140 gross producing wells located in Alabama, Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, and Texas. QRE GP, LLC operates as the general partner of the company. QR Energy, LP was founded in 2006 and is based in Houston, Texas.

Advisors' Opinion:
  • [By Robert Rapier]

    VNR is one of 14 companies/partnerships that are categorized as exploration and production, or upstream. Other notable entries in this category include BreitBurn Energy Partners (Nasdaq: BBEP), Linn Energy (Nasdaq: LINE), Memorial Production Partners (Nasdaq: MEMP), QR Energy (NYSE: QRE), Legacy Reserves (Nasdaq: LGCY), EV Energy Partners (Nasdaq: EVEP), and Mid-Con Energy Partners (Nasdaq: MCEP).

  • [By Lee Jackson]

    QR Energy L.P. (NYSE: QRE) is an energy total return home run for investors. This MLP after a recent acquisition is now one of the largest producers (2,300 barrels per day) in the historic East Texas oil field. Raymond James has a $19 target, the consensus is at $20. Investors are paid a huge 11.7% distribution. MLP distributions may include return of principal.

  • [By Robert Rapier]

    While I still think LRE units are undervalued, BreitBurn Energy Partners probably presents a more compelling case at present.

    QR Energy (NYSE: QRE) reported a solid third quarter, with earnings before interest, taxation, depreciation and amortization (EBITDA) up 13 percent to $69 million. Production was up 5 percent despite a disruption at some of it operations.

    Distributable cash flow for the quarter was up 26 percent to $35 million, or $0.54 per unit, adequately covering its current distribution of $0.4875. (The partnership will convert t! o monthly distributions in 2014.) Based on Friday’s close, this translates into an annualized yield of 11.8 percent. Given that QRE’s solid performance came despite temporary production issues, it looks like a decent bet in the upstream MLP space for 2014.

  • [By Aimee Duffy]

    3. QR Energy (NYSE: QRE  ) -- 11.7% yield
    QR Energy is an exploration and production MLP, focused on developing mature assets in five different oil- and gas-producing regions stretching from the Permian Basin up to central Michigan. It's a small operation, with reserves of 99.1 million barrels of oil equivalent to its name.

  • source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-shipping-companies-for-2015-2.html

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