Three Reasons to Buy EV Energy Partners, L.P. (EVEP)

Yielding more than 8%
Because its units have been hit so hard this year, the distribution yield has fallen to around 8%. That’s a very good current yield in today’s low-yield environment, and one that’s likely to continue to grow, as EV Energy Partners, L.P. (NASDAQ:EVEP) increased its payout every quarter since it started paying distributions. While the rate of growth is slow, you can’t complain about the consistency of that growth.

Foolish bottom line
With its units on sale, EV Energy Partners, L.P. (NASDAQ:EVEP) is becoming an interesting investment candidate if for no other reason than to pick up that 8% distribution. The company has an excellent core position in the Barnett, as well as an emerging position in the Utica, which could lead to significant upside. There is, however, a reason why these units have gone on sale, so stay tuned to Fool.com for three reasons why investors have been selling off their holdings of EV Energy Partners.

The article 3 Reasons to Buy EV Energy Partners originally appeared on Fool.com.

Fool contributor Matt DiLallo has no position in any stocks mentioned. The Motley Fool recommends Total SA. (ADR). The Motley Fool owns shares of Devon Energy and has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy, Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 Puts on Chesapeake Energy.

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