Apparently, Energy isn't Going to be Bigger in Texas
This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.
For the past couple of years, Texas' economy has been driven by the surging oil and gas production taking place throughout the state. While companies like EOG Resources and Apache Corporation still have high hopes and prime acreage, there are signs that the recent pace might start to slow. With companies sporting 30-50% growth year-over-year lately, a steady slowdown had to be expected. What are some of the signs our analysts believe might be hinting that the time is near? Click on the short video clip below to find out.
Investors shouldn't fret to much over this news. America is still going strong
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The article Apparently, Energy isn't Going to be Bigger in Texas originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of EOG Resources. 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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