BreitBurn Energy Stock To Go Ex-dividend Tomorrow (BBEP)

NEW YORK (TheStreet) -- The ex-dividend date for BreitBurn Energy Partners (Nasdaq:BBEP) is tomorrow, May 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 46 cents per share. At a price of $18.98 as of 9:30 a.m. ET, the dividend yield is 9.6%.

The average volume for BreitBurn Energy has been 504,800 shares per day over the past 30 days. BreitBurn Energy has a market cap of $1.32 billion and is part of the basic materials sector and energy industry. Shares are down 0.4% year to date as of the close of trading on Tuesday.

BreitBurn Energy Partners L.P. engages in the acquisition, exploitation, and development of oil and gas properties in the United States. The company has a P/E ratio of 10.6, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

• Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates BreitBurn Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full BreitBurn Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.

For more information on BreitBurn Energy Partners LP click any of the following:

• BreitBurn Energy Partners LP Stock Price

• BreitBurn Energy Partners LP Analyst Ratings

• BreitBurn Energy Partners LP Key Stats & Profile

• BreitBurn Energy Partners LP Earnings

• BreitBurn Energy Partners LP Ratio Comparison

• BreitBurn Energy Partners LP Growth Rates

• BreitBurn Energy Partners LP Balance Sheet

• BreitBurn Energy Partners LP Cash Flow

• BreitBurn Energy Partners LP Income Statement