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Some of the top rated energy stocks have held steady under market pressures.
The energy sector has performed well overall. The S&P Oil & Gas Exploration and Production Select Index, which represents the oil and gas exploration and production sub-industry portion of the S&P Total Markets Index, has risen roughly 150% since 2009.
In terms of future sector growth, there is an energy boom on the horizon, with a projected 56% increase in the global consumption of oil and gas by 2040.
Today we are going to explore four top rated energy stocks that take advantage of the booming energy sector while also paying out high dividends…
Four Top Rated Energy Stocks With High Dividend Yield
- SandRidge Mississippian Trust II (NYSE: SDR)
SandRidge is a statutory trust that owns overriding royalty interests in 273 producing horizontal wells. Many of SDR's natural oil and gas properties are in the Mississippian formation in northern Oklahoma and southern Kansas.
SRD traded at $7.74 a share on April 14, and has a 52-week range of $7.15 – 15.75. With a market cap of over $387 million and a healthy price-to-earnings (P/E) ratio of 3.41, the company provides investors with a dividend yield of 28.47%.
Note:The Fed's 2014 taper means volatility ahead. So we've outlined how to find profits in a volatile market – like triple-digit gains in just days – if you start with this strategy…
- Chesapeake Granite Wash Trust (NYSE: CHKR)
This is an old player in the energy market with royalty in various oil fields. As of April 14, CHKR stock opened at $10.61.
With a market cap around $500 million and a P/E ratio of 4.77, this top rated energy stock has a beta value under 1, at 0.98, which means it's slightly less volatile than the rest of the market.
CHKR currently yields a dividend of 25%.
- Whiting USA Trust II (NYSE: WHZ)
Whiting USA holds a net profit interest in several oil and energy fields in the United States. On April 14, WHZ stock opened at $13.59 per share.
With a healthy beta of 0.97, WHZ stock has a 52-week range of $12.49 – 14.48. The market cap of this energy company is around $247 million, and its P/E ratio sits at 4.26.
Last year, this top rated energy stock for dividend yield fetched a dividend of more than 19%, and analysts predict much the same for 2014.
- ECA Marcellus Trust I (NYSE: ECT)
This is another company that has strong potential and is one of the top rated energy stocks. On April 14, shares of ECT opened at $8.79 per share. It has a 52-week range of $7.00 – 13.88.
In 2013, ECA Marcellus Trust 1 paid a 19% dividend yield. In 2014, it is expected to pay a dividend yield of 16.80%.
The company's market capitalization is around $154 million. It has a very healthy beta of 0.48.
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