These Big Oil Companies Are Looking Beyond Oil for the Future of Energy

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These Big Oil Companies Are Looking Beyond Oil for the Future of Energy

The best investors are always those that have the vision and temperament to make long term investments -- and this applies to oil companies as well. As Total CEO Chirstophe de Margerie said at a recent speaking event, "as investors, we need to invest in long term...not just oil and gas." Total is putting its money where its "Big Moustache" is by investing over $1 billion in American solar company Sunpower . And Total isn't the only one: despite shedding over $38 billion in what it described as non-core assets, BP has finally decided to keep its $3.5 billion in wind farms in the US.

For many of these companies, playing the long game and keeping their options beyond oil and gas open is an investment in the long-term future, as some see their current business models fading. Watch the video below, in which fool.com contributor Tyler Crowe explains why Royal Dutch Shell thinks its largest client will be non-existent in 2070, and how investors should treat this kind of forward thinking.

Getting a Jump Start on the Move Away From Oil

Without oil in transportation, what fuel will rule the streets? Forward-thinking energy players like GE and Ford have already plowed sizable amounts of research capital into this little-known stock... because they know it holds the key to the explosive profit power of the coming "no choice fuel revolution." Our analysts have put together a special report where we lay out all the details so you can be one of part of this major movement. Simply click here to get free access to this valuable investing resource.


The article These Big Oil Companies Are Looking Beyond Oil for the Future of Energy originally appeared on Fool.com.

Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter:@TMFDuffy and @TylerCroweFool, respectively. The Motley Fool recommends Total SA. (ADR). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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