Here is some information I've found regarding companies involved in this new industry. Looking for some conversation on investment opportunity, risk, etc.
************************************************** *****
For this, you'll want to look into companies that hold stakes in some of the major shale plays or are otherwise involved in fracking activities. Here are a couple fracking stocks worth looking into:
Continental Resources (NYSE: CLR), for example, is involved in drilling activities in a number of U.S. shale plays, including the Bakken and Niobrara.
Rosetta Resources (NASDAQ: ROSE) also has shale assets in Eagle Ford and the Southern Alberta Basin.
Encana (NYSE: ECA) is a solid, conservative natural gas producer who will benefit considerably from large
FRAK currently has holdings in 48 companies in the United States, Canada, and Australia. Companies involved must receive 50% of their revenue from unconventional energy or own properties that could give them that capability in the future.
Here are its top 5 holdings, with the percentage of net assets:
- Occidental Petroleum Corporation (OXY) ? 8.47%
- Anadarko Petroleum Corporation (APC) ? 8.14%
- EOG Resources (EOG) ? 7.12%
- Devon Energy Corporation (DVN) ? 5.53%
- Noble Energy Inc (NBL) ? 4.98%
Source: http://www.thehulltruth.com/dockside-chat/496229-thoughts-investing-fracking-stocks.html
padma lakshmi daughtry lakers trade ann arbor news nick young elizabeth smart south dakota state
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.