Recent academic efforts have yielded a fascinating metric for assessing the best prospects for future energy development, leading to some results that might surprise you. Investors should consider this approach as an important tool for gauging the viability of companies' planned energy projects.
As we draw down on easy oil and pursue new forms of energy that are more difficult to extract, a new efficiency measure emerges that could be an important consideration for investors.
Sara Murphy has no position in any stocks mentioned. Follow her on Twitter @SMurphSmiles. The Motley Fool owns shares of Devon Energy and General Electric. 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.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.