Watch Lists as of 7-28-2012

[dan_s]

Watch Lists for E&P Companies, Drillers and Energy Sector MLPs have been updated and are now available to our members. You can download them to pdf files or to Excel.

If you want to add some cash flow to your portfolio, check out our MLP Watch List. These are high quality companies now paying dividends (cash distributions to unit holders) at 3% to 11% annual yield. Low risk as they have the majority of their revenues locked in by hedging and long-term contracts. MLPs are publicly traded partnerships and most of their distributions are tax free.

Half of the Drillers on our Watch List have reported 2nd quarter results. HP, PDS and PTEN reported solid results. Ensco looks really good to me.