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?

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