Atlas Energy Resources LLC  (ATN) Trade Now »     Rate ATN  -  Discuss ATN  -  Add to Watch List        

As many of you know, I have been a longtime fan of the Atlas family of companies.  For those that are interested you can find a brief write up of mine of the parent company, Atlas America (ATLS) here.  Of the Atlas America subsidiaries, Atlas Energy Resources (ATN) has been catching the eye of members of the investment community of late.  One of its more vocal proponents has been Jim Cramer.  

I have had Atlas Pipeline Partners (APL) as a component of my Income Portfolio since the first of the year (2008) and the dividends have been outstanding, paying 93¢ (Q4,2007), 94¢ and 96¢ so far this year. On the recent earnings release the company is projecting $2.00 to $2.20 for the next 2 quarters and $4.25 to $4.50 for 2009. The share price is down significantly from around $43 to start the year, but I believe the market has this one wrong and the income growth should continue.