Energy's Fastest Growing Company
The energy sector is expected to see a 12% decrease in growth over the second quarter, according to S&P Capital IQ, but Noble Corp. bucked the trend while growing its year-over-year earnings by 250%. Offshore drilling companies have been one of the bright spots in an overall gloomy sector with dayrates increasing and rig utilization numbers growing. The trend can also be seen in other offshore companies, with Transocean turning in a strong Q2 and Diamond Offshore declaring a special cash dividend.
There are many different ways to play the energy sector, and our analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out our special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.
The article Energy's Fastest Growing Company originally appeared on Fool.com.Joel South has no positions in the stocks mentioned above. The Motley Fool owns shares of Transocean and Seadrill, Ltd. Motley Fool newsletter services recommend Seadrill, Ltd.. 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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