The "Technical Renaissance" that Changed the Oil Industry
We have seen some drastic changes in the oil and gas industry, but we are far from finished. At the Barclay's CEO Energy Conference, EOG Resources William R. Thomas spoke about the "Technical Renaissance" and how energy companies are profiting from it. To call this renaissance a game changer may not do the whole movement justice. Actually, It has fundamentally changed the way we find and produce oil as well as how investors should evaluate the entire energy space.
For investors, there are some general trends you should follow that will help guide you through this time in the American energy space.
While many companies are taking advantage of this change, only a select few companies are going to be able to fully capture value from this movement. For this reason, we have put together a comprehensive look at three energy companies set to soar during this transformation in the energy industry. Let us help you discover three companies are spreading their wings by checking out our special report, "3 Stocks for the American Energy Bonanza." By simply clicking here, we'll give you free access to this valuable report.
The article The "Technical Renaissance" that Changed the Oil Industry 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 Ultra Petroleum. The Motley Fool owns shares of Ultra Petroleum and has the following options: long January 2014 $30 calls on Ultra Petroleum, long January 2014 $40 calls on Ultra Petroleum, and long January 2014 $50 calls on Ultra Petroleum. 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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