With oil and gas prices going even higher, we decided to screen for the best oil and gas drillers with quite impressive dividends, and a maximum P/E ratio of 30. All of the companies that follow offered a minimum 5% dividend yield, and have a minimum market capitalization of $300 million. Data is derived from finviz. While there are hundreds of drillers listed in NYSE, only the following large cap drillers fit this criteria:
Crestwood Midstream Partners LP (CMLP): Crestwood is an oil& gas drilling company which gathers, processes and treats natural gas especially in north Texas. The market cap of CMLP is $958.1 million, and it has a P/E ratio is 27.68, with forward P/E of 18.85. Crestwood Midstream had an EPS growth of 73.72% over the last five years. Net profit margin in 2010 was 30.70%, while the company offered a dividend yield of 5.60% over the same period. Recent dividend payments of CMLP per share are as follows: Read the rest of this article here>>>