Companies like Royal Dutch Shell and ExxonMobil are expected to lead the charge in record capital spending for the exploration and production segment of the energy sector during 2013. International offshore and North American land drilling could be key for these companies' oil and natural gas discoveries. While returns aren't guaranteed for them on this spending, there will most certainly be companies in other industries that will profit from this quest for reserve replacement. Motley Fool energy analysts Taylor Muckerman and Joel South turn their attentions to the energy services sector as the prime candidate. Which companies are their top choices? Tune in to find out.
Record Upstream Spending in 2013. Who Profits?
By Taylor Muckerman and Joel South – Mar 7, 2013 at 10:30AM
NYSE: HAL
Halliburton
Market Cap
$23B
Today's Change
(-0.42%) $0.12
Current Price
$27.11
Price as of October 24, 2025 at 10:25 AM ET
Estimates show that record upstream energy spending in 2013 will flow through the industry. Which companies and industries should investors look at?
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.