How to Get Rich From the Secret to Shale Drilling
Companies are getting good at hydraulic fracturing -- real good. Just look at the turnaround in America's oil production over the past couple years for proof. One way companies have extracted more from each well is through drastically increasing the amount of proppant pumped into the well, and the demand for that material has sent revenues at US Silica Holdings and Hi-Crush Partners through the roof in recent years. It has also led companies sucgh as Emerge Energy Services and Carbo Ceramics to rapidly ramp up production of fracking proppant to keep up with demand.
The following slideshow is an overview of how the rapid increase in oil production has created a massive boom for proppant producers such as US Silica, Hi-Crush, and Carbo; what we can expect in the future for this fast-growing market; and how each company fits into the world of proppant producers. This will help you to parse out which one is best for your portfolio.
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The article How to Get Rich From the Secret to Shale Drilling originally appeared on Fool.com.Tyler Crowe has no position in any stocks mentioned. You can follow him at Fool.com under the handle TMFDirtyBird, on Google+, or on Twitter @TylerCroweFool. The Motley Fool has no position in any of the stocks mentioned. 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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