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Forbes - - VERTICALS - RICHARD LEHMANN

Black stone min­er­als master lp is a great ve­hi­cle for ben­e­fit­ing from the re­bound in en­ergy prices. This master limited part­ner­ship is the na­tion’s largest pub­licly traded min­eral and roy­alty com­pany. It is also one of the largest U.S. own­ers of oil and nat­u­ral gas in­ter­ests. The com­pany max­i­mizes value for in­vestors both by mar­ket­ing its ex­ist­ing prop­er­ties for lease and by ac­qui­si­tions. First-quar­ter net in­come in­creased by nearly five times from the pre­vi­ous year as higher en­ergy prices drove an in­crease in oil and gas pro­duc­tion. The MLP’S con­ser­va­tive, well-man­aged op­er­a­tions make its 7% cur­rent yield a scream­ing buy for in­vestors who can stom­ach some volatil­ity risk. Richard Lehmann is pres­i­dent of In­come Se­cu­ri­ties Ad­vi­sor and pub­lisher of the Forbes/lehmann In­come Se­cu­ri­ties In­vestor.

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