What Happened in the Energy Sector This Week?

In this video, Motley Fool energy analyst Joel South takes a look at what happened with some of the big names in the energy sector this week. With an impressive increase in the utilization of certain technologies for the offshore industry this quarter, several companies in that sector are reporting better-than-expected numbers. Secondly, South talks about a few companies he sees opting for smarter capital expenditures, rather than driving at unwise growth at an untenable pace, and he's impressed. Finally, he sees a few companies that have forced him to ask the question: Is the Bakken all it's cracked up to be?

Another issue that needs to be dealt with is the surge in oil and natural gas production from hydraulic fracturing and horizontal drilling, which is creating massive bottlenecks in takeaway capacity. However, this problem for producers creates a massive and immensely profitable opportunity for midstream companies. Energy Transfer Partners helps alleviate the gluts in supply with 23,500 miles of transformational pipelines. To see if ETP and its industry-leading yield will be a fit for you, click on this detailed premium report, which will supply you with a thorough analysis of this attractive midstream.

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  • Report this Comment On November 11, 2012, at 9:06 AM, SteelTerp wrote:

    It's called America screwing up and re-electing the same bozo from the last 4 years...............................................................................................................................................

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    It was Obaminated and will likely continue for the next four years. Since the election I have seen my retirement investments dwindle every day.

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