If you are looking for the perfect stocks, maybe your criteria for perfect includes stocks that pay high dividends. You probably also want stocks of companies that have no debt. WallStreetNewsNetwork.com came up with a list of a href="http://WallStreetNewsNetwork.com" target="_blank"35 different debt free stocks with dividends over 4%/a. Most of these stocks have price earnings ratios below 18 and price earnings to growth ratios below 1.8. Here are a few worth taking a closer look at:br /br / Pioneer Southwest (PSE) pays a yield of 14%, has a P/E ratio of 9.6, and a PEG ratio of 1.18. The company owns and operates oil and natural gas properties with 25 million barrels of oil equivalent of proven reserves. br /br / AllianceBernstein (AB) pays a yield of 11.3%, has a P/E ratio of 5.9, and a PEG ratio of 0.74. This investment management company provides mutual funds, institutional investment ...

Hurricane Ike may well prove to be a blessing in disguise for Chevron Corp. (CVX), which climbed around 2.04% in the morning to trade at $81.68 before settling around the $80 mark. According to a Reuters report, in spite of a weak oil price environment, increased refining margins in the aftermath of the hurricane may actually boost the Exploration and Production (E&P) player’s earnings for the quarter.

With the hurricane throwing most of the refineries off gear till early this week, Chevron cashed in when its Mississippi refinery sputtered back to life first. The lack of supply meant that the company could pump in oil into the market with a wider margin. 

The stock has a Buy recommendation from Zacks with a P/E ratio of 8.3, which is at a premium to S&P’s 14.1. Chevron’s PEG [price-to-earnings-growth] too looks healthy at 0.9, ahead of the industry by 0.3. S&P

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We are maintaining our Buy recommendation on Plains Exploration & Production Co. (PXP) and increasing our target price from $84 to $91 per share. The company is poised for solid growth over the next several years with Piceance, Panhandle and Gulf Basin assets helping to drive production in a meaningful way.

However, the recent 20% acquisition of Chesapeake Energy Corp.’s (CHK) Haynesville Shale play will likely be the cornerstone of the company’s long-term growth story, as there are more than 20 Tcfe of reserves in place on its gross acreage. Additionally, the company has hedged a meaningful portion of its oil and gas production for '09 at favorable pricing, thus mitigating the risk of volatile prices.

We estimate that even if crude prices fell to $85/Bbl and natural gas prices fell to $6.50/Mcf, PXP would still realize oil and gas prices around $100 per barrel and $8 per Mcf in

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Murphy OilÂ’s (MUR) share price has experienced volatility along with the price of crude. However, its chart and fundamentals reflect stronger growth than its competitors. The company recently hiked its annual dividend from 75 cents per share to $1.00.

Company Description

Murphy Oil Corporation is an international oil and gas player, operating through various subsidiaries in oil and natural gas production the United States, Canada, the United Kingdom, Malaysia and Ecuador. MUR conducts exploration activities worldwide.

The company owns refining and marketing operations in the United States and the United Kingdom. Murphy USA Marketing Co. (Murphy Oil USA, Inc.) operates retail gasoline stations under the Murphy USA® brand across 20 states in the U.S. These are high-volume, low-cost retail gasoline stations, primarily in the parking areas of Wal-Mart Supercenters.

Murphy Oil USA, Inc. also operates a network of 12 Company-owned terminals. The terminals, along with numerous third-party terminals, provide

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Want to know what the price of a barrel of oil will be in eight years? Exactly $119.50 a barrel. There’s no shortage of pundits predicting where oil prices are heading. And every day seems to bring new reasons to change the forecast – a resurgent dollar, Americans curtailing their driving habits, oil supply reports… The list goes on. But the guys who really know the future of oil prices are those sitting right in the driver’s seat – oil producers. Every day, they make bets about the direction of petro prices on the futures market. And right now, they’re telling you – in no uncertain terms – oil’s got a floor price of $100 a barrel for years to come. “Oil-flation” is here to stay, but this free report reveals four ways you can beat it starting now… The Future Price of Oil – And Why You don’t ...

Index Oil and Gas, Inc. engages in the acquisition, exploration, appraisal, development, production, and sale of oil and gas properties, primarily in the prolific petroleum regions of Kansas and the onshore Gulf Coast, mainly in Texas and Louisiana. As of March 31, 2008, the company’s estimated total proved oil and gas reserves were approximately 219.469 thousands of barrels of oil equivalent. Index Oil and Gas was founded in 2003 and has offices in Houston, Texas and Bath, England.

Index is focused on working with partners to efficiently build a broad portfolio of producing properties, whose risk characteristics are carefully analyzed and managed. Because of careful risk management, the company has an enviable drilling record with excellent upside potential. The management team is particularly strong, drawing on worldwide and local area experience. Index intends to grow its existing asset base and revenues through further selective investment in the

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Denbury Resources, Inc. (DNR) reported better-than-expected second-quarter 2008 recurring earnings of $0.57 per diluted share (our estimate was $0.43 per diluted share), compared to $0.22 per share in the prior-year period. We have adjusted the reported earnings of $0.45 per diluted share for non-cash charges of $0.12 per diluted share associated with the company s derivative contracts.

We upgraded shares to Buy from Hold last week following the stock’s roughly 35% pullback since mid-June. We believe that the recent weakness has made valuation very compelling for this niche exploration and production (E&P) name. The stock currently trades at a deep discount to our conservative net asset value (NAV) estimate, offering meaningful upside from current levels.

Denbury’s focus on crude oil extraction from mature fields using CO2 flooding techniques offers sustainable and cost effective production and reserve growth for many years to come. The company’s competitive edge in acquiring mature properties

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We are keeping our Buy recommendation on Petrobras (PBR) ADRs. We like Petrobras for its positive production-growth profile, and the improving outlook for its downstream business. Moreover, the discovery of the giant Tupi field opens up a new range of possibilities for the company in the long run.

The company’s large inventories of development projects are also positive. It is also important to mention that Brazil was recently upgraded to investment grade by Standard & Poor’s. Finally, second quarter 2008 results were better than expected, and the outlook for the following quarters remains quite encouraging, even though lower oil prices. Petrobras is expected to grow annual volumes by approximately 6% over the next few years.

Petrobras’ robust portfolio of upstream assets gives it a positive production-growth profile. The Tupi oil field has a potential, to be confirmed, between 5 and 8 billion BOE [barrels of oil equivalent]. The Tupi field is

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The biggest oil discovery in the Western hemisphere in three decades and speculation about the existence of an even larger deposit has turned Petroleo Brasileiro SA into the world's most expensive energy producer, at least in terms of its share price to profits ratio. Petrobras shares currently trade at 17.2 times profits after rallying 87 percent over the last year. (By way of comparison Petrobras's price-earnings ratio was 8.77 a year ago and under 5 back in June 2004).This makes Petrobas shares effectively twice as expensive as Russia's Lukoil and or the netherland's Royal Dutch Shell, and 50 percent more expensive than Exxon Mobil - which only this week announced that total output was down 10% in the first three months of 2008 when compared with a year earlier - as investors focus on the Rio de Janeiro-based company's oil finds rather than its falling profits. Lukoil trades ...