Is This 20%-Yielding Energy Stock Too Good to Be True?
Units of MLP Crestwood Equity Partners (NYSE: CEQP) have cratered 60% this year, pushing its dividend yield to an eye-popping 20%. The payout has risen to such heights because the market doesn't believe it's sustainable. Several factors drive that view, including the impact of falling oil prices on its customers and some potential effects from a customer bankruptcy and third-party pipeline shutdown.
However, while the market doesn't believe Crestwood can maintain its sky-high payout, its recent market updates suggest things aren't as bad as they might seem.
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Source Fool.com
