Tuesday, August 5, 2014

Baker Hughes (NYSE: BHI): No. 3 Oilfield Services Company is My No. 1 Pick for the Energy Boom

If you aren't familiar with the North American energy boom by now, then you've likely had your head stuck in shale rock for the past several years. 
New technologies such as hydraulic fracturing, or "fracking," for getting oil and natural gas out of the shale formations, as well as new high-tech techniques that have uncovered hitherto unknown oil and nat gas supplies, have created not just a boom in energy, but a virtual renaissance in North American energy production.
With many of the best companies in the oil and gas drilling and equipment segment drowning in revenue and profits, it's been a great time to be an energy investor.  (more)


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