Monday, October 24, 2011

Buy This Dividend Stock on a Pullback

EV Energy Partners (NASDAQ: EVEP ) This limited partnership acquires and
develops oil and natural gas properties in the Appalachian Basin, Central and
East Texas, the Permian Basin, and other major oil and gas regions in the United
States. It has consistently met or exceeded analysts' estimates and had two
upward revisions in earnings in August. There is an emerging shale play in its
Utica Shale holdings that could result in positive news before year end. It
earned $2.01 in 2010, and the consensus estimate for 2011 is $2.56. EVEP's
expected dividend is $3.04 for a current yield of 4.27%.

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