As the price of crude oil remains volatile, Dividend Stock Adviser portfolio manager David Peltier focuses on the safety of high yields in the energy sector. In examining Targa Resources Partners, which recently announced a $5.8 billion acquisition of Atlas Pipeline Partners, Peltier says the combined company's commodity exposure will increase to about 40% from 30%,which he sees as a key risk. He says the company's future dividend growth will be at risk if energy commodity prices continue to fall. Peltier also weighs in on Vanguard Natural Resources, which he says is an avoid despite a 9.7% yield, as the company could see its business model stressed if energy prices continue to fall.
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