This segment is from Thursday's edition of 'Digging for Value', in which sector analysts Joel South and Taylor Muckerman discuss energy & materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays & Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.
The Utica shale has been late to develop in comparison to some more prominent fields in Pennsylvania, North Dakota and Texas. That could all be about to change if BP (NYSE: BP ) witnesses worthwhile results from its test wells. Given mixed reviews from Halcon Resources (NYSE: HK ) and Chesapeake Energy (NYSE: CHK ) , investors aren't sure what to expect. One thing's for sure, if BP decides to pull out, infrastructure companies like MarkWest Energy (NYSE: MWE ) could be in trouble based on existing capital expenditure plans. The video below dives much deeper, so be sure to tune in.
Combine this company with the shale boom and OPEC better take notice
As if domestic oil and gas production wasn't bad enough for OPEC, this company is helping drive international production offshore as well. This is one reason Warren Buffett is so confident in this company's can't-live-without-it business model that he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we're calling OPEC's Worst Nightmare. Just click HERE to uncover the name of this industry-leading stock... and join Buffett in his quest for a veritable LANDSLIDE of profits!