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%|