Teekay LNG Partners LP (NYSE: TGP) — The shipowner’s fleet of 27 LNG (liquefied natural gas) carriers has no contract expirations until 2015, locking in a steady stream of cash flow. Teekay LNG Partners in Dec. 2012 announced the order two new LNG carriers slated for delivery in 2016, a strategic shift for the conservatively run MLP. These vessels will have MEGI (main engine gas injection) propulsion systems that can run on LNG and could reduce fuel costs by up to $20,000 per day. Management expects these vessels, the first of their kind, to earn superior day-rates. The firm also entered into a joint venture with Exmar (Brussels: EXM) that involves 16 midsize vessels that transport propane and other liquefied petroleum gases. We expect this segment to benefit from rising exports of US propane to Europe. Teekay LNG Partners LP rates a buy up to $39 per unit.
Your complete guide to energy investing, from growth stocks to high-yielders.
In October 2012, renowned energy expert Elliott Gue launched the Energy & Income Advisor, a twice-monthly investment advisory that's dedicated to unearthing the most profitable opportunities in the sector, from growth stocks to high-yielding utilities, royalty trusts and master limited partnerships.
Elliott and Roger on Jan. 29, 2019
Balanced portfolios of energy stocks for aggressive and conservative investors.
Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.
Our assessment of every energy-related master limited partnership.
Roger Conrad’s coverage of more than 70 dividend-paying energy names.