Breitburn Energy (BBEP)


Price/Share*:

$8.85

Annual Dividend:

$2.08

Dividend Yield:

23.50%

Pay Date:

08/14

Ex-Dividend Date:

08/07

Record Date:

08/11


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Company Profile & Recommendation

Company Profile Company Profile

BreitBurn Energy Partners- (BBEP)- is an independent oil and gas limited partnership focused on the acquisition, exploitation and development of oil and gas properties. BreitBurn’s assets consist primarily of producing and non-producing crude oil and natural gas reserves located in the Los Angeles Basin in California, the Wind River and Big Horn Basins in central Wyoming, the Permian Basin in West Texas, the Sunniland Trend in Florida, and the Antrim Shale in Michigan and the New Albany Shale in Indiana and Kentucky. As of December 31, 2007, the partnerships' total estimated proved reserves were approximately 142.2 million barrels of oil equivalent. BreitBurn GP, LLC serves as the general partner to the partnership. BreitBurn Energy Partners is based in Los Angeles, California.


* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.