HOW to Play it
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.