Atlas Energy keeps distribution the same

Posted by Tim
January 28, 2009

Atlas Energy Resources – News and Press Releases.

Atlas Energy Resources (ATN: 30.19 0.00 0.00%) has announced the 4th quarter distribution will be 61¢ for shareholders of record on February 9, 2009. The distribution is the same amount as the previous two quarters. Even after today’s price bump the stock is still sporting a yield near 17%.

ATN is well hedged through the rest of 2009 and into early 2010. They are  positioned to continue to grow their well numbers and production even at the current low natural gas prices. If past practices hold they should release year end result in a couple of weeks.

ATN is a component of this site’s hypothetical Opportunities Portfolio and a personal holding.

View the full atn chart at Wikinvest

More on this topic (What's this?)
Following the Money (Prudent Speculations, 1/14/09)
Tiscali Selects Infinera (Telecom Ramblings, 12/4/09)
Cramer Greatly Underestimates Atlas Energy Resources (Prudent Speculations, 8/22/08)
Read more on Atlas Energy Resources at Wikinvest
Energy, Fear, Income

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