America's oil and gas boom has been staggering and is likely to continue for decades to come. Consider this:
- The US is estimated to contain 223 billion barrels of shale oil and 2,421 trillion cubic feet of shale natural gas (last year's record production was 30 trillion cubic feet).
- The Wolfcamp and Spraberry shale formations of Texas' Permian basin are estimated to contain 75 billion barrels recoverable with today's technology.
- The above estimate is up 50% from just one year ago.
- The Marcellus shale of Pennsylvania, New York, and Ohio, is estimated to contain 410 trillion cubic feet of gas; production has increased 14-fold since 2007 and is estimated to double again by 2035.
|Company||Yield||Projected 10 year Dividend/Distribution Growth||Projected 10 year earnings growth||PE||Premium to historical PE|
|US Silica Holdings||1%||25.73%||20.80%||31.9||83.30%|
|Emerge Energy Services||3.90%||39.44%||33%||53||9.96%|
Adam Galas has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. 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.