As lre becomes more well known, it is doubtful that it will ever fall to previous levels. 17 is very cheap with 1.90 distribution in oil & gas which is what you originally asked. Sorry to get lost in my reply. The distribution looks very secure.
http://seekingalpha.com/article/810951-6-high-yield-high-profit-small-cap-dividend-stocks?source=cnbc
5) LRR Energy, L.P. (LRE)
Sector: Basic Materials
Industry: Independent Oil & Gas
Market Cap: $374.69M
Beta: -
LRR Energy, L.P. has a Dividend Yield of 11.38%, Payout Ratio of 27.14%, Analysts' Rating of 2.30, Operating Profit Margin of 33.89%, and Earnings Per Share Growth Rate of 113.92%. The short interest was 1.86% as of 08/15/2012. LRR Energy, L.P., through its subsidiary, LRE Operating, LLC, engages in the acquisition, exploitation, development, and operation of oil and natural gas properties in North America. The company holds interests in various properties located in the Permian Basin region in west Texas and southeast New Mexico; the Mid-Continent region in Oklahoma and east Texas; and the Gulf Coast region in Texas.