Oil and natural gas are quickly becoming more expensive to find and produce around the globe. For 2013, the likes of Chevron, ExxonMobil, and Royal Dutch Shell are all planning to spend more than $35 billion in capital expenditures in an attempt to keep their reserve replacement levels above 100% of production. Investors hoping to capture some of this record spending in a less risky atmosphere might turn to some of the more investor-friendly service companies that pay dividends and are well diversified geographically -- including the ones mentioned in the following video.
Taylor Muckerman and Rick Engdahl
Apr 1, 2013 at 5:45PM
Follow @t_Muckerman Taylor is an Associate GM in our Fool International operations. Prior to that he covered all things Energy + Materials as an analyst. Over the years, he has built an investing skill set to rely on when evaluating companies inside and out. While at the Fool, he has made appearances on CNBC and Fox Business. In addition, he completed his MBA at the University of Maryland and will sit for the Level II CFA Exam.
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