2 Big Oil Companies Going Long on Natural Gas
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
Two of the biggest names in energy are betting that natural gas prices will go up eventually. The two companies are Royal Dutch Shell and ExxonMobil. David finds this intriguing, but still feels that natural gas may fall further before it turns around. That's why he thinks Westport Innovations is a great way to play natural gas right now.
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At the time this article was published David Meier has no positions in the stocks mentioned above. John Reeves has no positions in the stocks mentioned above. The Motley Fool owns shares of Ultra Petroleum and Westport Innovations and has the following options: long JAN 2014 $30.00 calls on Ultra Petroleum, long JAN 2014 $40.00 calls on Ultra Petroleum, and long JAN 2014 $50.00 calls on Ultra Petroleum.Motley Fool newsletter services recommendUltra Petroleum and Westport Innovations. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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