Rio Vista Energy Partners L.P.  (RVEP) Trade Now »     Rate RVEP  -  Discuss RVEP  -  Add to Watch List        

Penn Octane (POCC) is a micro-cap company whose upside will be driven by the migration of U.S. oil and gas properties into the MLP structure. Penn Octane owns 75% of Rio Vista Energy Partners' (RVEP) general partner, entitling Penn Octane to an ever-increasing share of Rio Vistas’ distributions.

Upon first glance, making an investment dependent on growth in the distributions at Rio Vista Energy Partners may seem like a bad idea given Rio Vista's performance since its IPO in 2004. For years, Rio Vista languished under management that did not seem to know what they were doing.